Cabinet gives go ahead to 100 pc FDI in insurance sector

IANS | December 12, 2025 5:36 PM

New Delhi, Dec 12 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved a proposal to allow 100 per cent foreign direct investment (FDI) in insurance companies in a major economic reform that does away with the 74 per cent limit that was in place for such investments.

Govt exploring FTAs, RBI trade relief measures to mitigate US tariff impacts on textiles

IANS | December 12, 2025 4:04 PM

New Delhi, Dec 12 (IANS) Centre is pursuing a multi‑pronged strategy to mitigate the impact of US tariff measures on Indian textile and apparel exports, combining intensive engagement with the US for a bilateral trade agreement, immediate trade relief measures through Reserve Bank of India trade measures, an official statement said on Friday.

JPMorgan bets big on India amid robust economic growth

IANS | December 12, 2025 3:52 PM

New Delhi, Dec 12 (IANS) JPMorgan Chase & Co. is preparing to open a new branch in India for the first time in almost ten years, signalling the US banking giant's deepening interest in one of the world’s fastest-expanding major economies.