New Delhi, May 2 (IANS) The Union government notified 100 per cent foreign direct investment (FDI) in the insurance sector under the automatic route, paving the way for greater participation by overseas investors, according to a report released on Saturday.NDTV Profit has reported that foreign investment in insurance companies will be subject to compliance with provisions of the Insurance Act, 1938, and mandatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) f…
Latest Indian Government News & Updates
New Delhi, May 2 (IANS) On April 29 the Sikhs for Justice (SFJ) launched a voter registration for a Khalistan Referendum targeting the Sikhs living in India. The venue where the announcement was made was the Karachi Press Club. The SFJ and its chief, Gurpatwant Singh Pannun are both proscribed by the Indian government.Officials say that this shows the open support that the Pakistan establishment offers the SFJ despite the outfit calling for violent attacks in India and also the assassination of …
Mumbai, April 27 (IANS) Shares of InterGlobe Aviation Limited, the parent of IndiGo, opened flat with negative bias on Monday, as global brokerage UBS downgraded the stock and trimmed its price target, citing rising macroeconomic headwinds and sustained pressure on airline profitability. However, it recovered from early losses and were trading at Rs 4,560.50, down by Rs 37.40 or 0.83 per cent during noon trade.UBS lowered its rating on the stock to “neutral” from “buy” and cut its price …
Mumbai, April 25 (IANS) The Shiv Sena (UBT) on Saturday alleged that despite Prime Minister Narendra Modi’s repeated assertions that farmers are the backbone of the nation, ground realities reflect deep distress in the agricultural sector, turning the lives of farmers and farm labourers into what it described as a “living hell”.In a sharply worded editorial published in its mouthpiece Saamana, the party accused the central government and the Devendra Fadnavis-led Maharashtra government of …
Kathmandu, April 23 (IANS) A school building is being constructed at Gauradaha Municipality in Jhapa district, eastern Nepal, with grant assistance from the Indian government. Hikmat Kumar Karki, Chief Minister of Koshi Province; Gitanjali Brandon, Counsellor at the Embassy of India in Kathmandu; and Chhatrapati Subedi, Mayor of Gauradaha Municipality, jointly laid the foundation stone for the construction of a new building at Shree Janata Secondary School on Thursday, the Indian Embassy said in…
New Delhi, April 17 (IANS) The Union Government on Friday allowed 15 major banks, including State Bank of India, HDFC Bank, and ICICI Bank, to import gold and silver from April 1, 2026, to March 31, 2029. The Union Bank of India and Sberbank have been authorised to import only gold during this period.The notification has been issued by the Directorate General of Foreign Trade (DGFT).The move is part of the government’s ongoing effort to streamline bullion imports and ensure they are routed thr…
New Delhi, April 8 (IANS) LPG supply across the country remains smooth with adequate stock available, and efforts are being made round-the-clock to ensure uninterrupted availability of cylinders for households, Indian Oil Corporation Limited said on Wednesday.In a post on social media platform X, the country’s largest oil marketing company urged consumers to remain calm and avoid unnecessary bookings, assuring that sufficient cylinders are readily accessible and distribution systems are functi…
New Delhi, April 8 (IANS) Amid rising tensions in the Middle East, the Indian government on Wednesday introduced a new formula for LPG allocation aimed at supporting critical sectors such as pharmaceuticals, food processing, and agriculture.According to the Ministry of Petroleum and Natural Gas, the revised policy will ensure bulk LPG supply to a wide range of industries, including pharma, food, polymers, agriculture, packaging, paints, steel, ceramics, glass, and aerosols.These sectors are cons…
New Delhi, April 2 (IANS) Pakistan’s ISI is planning to launch a series of cyber attacks on crucial Indian infrastructure, the Intelligence Bureau has learnt. Officials say that the intention is to disable crucial infrastructure relating to defence and financial institutions. ISI officials have, in the last week, held a series of meetings aimed at planning these attacks, an official said.The ISI is engaging its Pakistan Cyber Force to carry out these attacks. An Intelligence Bureau official sa…
Amaravati, March 31 (IANS) A Bill to accord statutory status to Amaravati as the sole capital of Andhra Pradesh will be introduced in the Lok Sabha on Wednesday.The Adhra Pradesh Reorganisation (Amendment) Bill 2026, will be introduced in Lok Sabha.The Andhra Pradesh Reorganisation Act, 2014 will be amended to recognise Amaravati as the capital of Andhra Pradesh.Sub-Section (2) of Section 5 of the Act will be amended to incorporate “and Amaravati shall be the new capital” to replace the word…