Laws governing insurance, stock markets to be rewritten

Laws governing insurance, stock markets to be rewritten

The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. NEW DELHI: The Cabinet on Thursday cleared rewriting of laws in two critical sectors – stock markets and insurance. The plan is to allow 100%…

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‘Reforms driving productivity’: FM Sitharaman highlights 8.2% GDP rise; says high-frequency indicators show continued momentum

‘Reforms driving productivity’: FM Sitharaman highlights 8.2% GDP rise; says high-frequency indicators show continued momentum

Finance Minister Nirmala Sitharaman on Friday said the July–September GDP growth of 8.2 per cent reflects the strength of the Indian economy and underscores the impact of reforms and fiscal consolidation.In a post on X, Sitharaman said, “Various high-frequency indicators also point to continued economic momentum and broad-based consumption growth.”Official data released earlier in the…

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