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100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%

The central government on Saturday announced 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing full foreign ownership in the sector. The move is expected ...
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Government notifies 100% FDI in insurance companies via automatic route, 20% limit in LIC

The government on Saturday notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing greater participation from foreign investors. "Foreign investment in ...