Finance Ministry notifies rules for increased FDI in the insurance sector

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The Finance Ministry on Thursday formally notified the amendment to the Indian Insurance Companies (Foreign Investment) Rules, 2015 and clarified on the final rules for increasing the foreign direct investment limit in the insurance sector to 74{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} from the existing 49{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34}.

Parliament on March 22 passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector to 74{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} from 49{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34}. This measure was first announced by finance minister, Nirmala Sitharaman in the Union budget last month.

“Total Foreign Investment” in an Indian Insurance Company, shall mean the sum total of direct and indirect

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Cryptocurrency is still in the ‘early innings’: Analyst

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BTIG managing director and Fintech analyst Mark Palmer tells Yahoo Finance what might come next following Wednesday’s cryptocurrency sell-off.

Video Transcript

ADAM SHAPIRO: Mark Palmer is a managing director, as well as an analyst of fintech and digital assets, at BTIG. It’s good to see you. And which is it? Is it the China crackdown that’s going to forbid the use of cryptocurrencies in normal exchange? Or is it, you pointed out, some people were just taking their profits to pay their taxes?

MARK PALMER: Well, first of all, thanks very much for having me. I think it’s important to

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Want to Start a Business? Here’s the Ultimate Guide for You…

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BOSTON, May 21, 2021 /PRNewswire/ — Harvard MBA and serial entrepreneur Bob Adams has put together an extremely comprehensive free guide, 100 Steps to Starting Your Own Business, covering absolutely everything from finding your business idea to writing your business plan and creating your marketing. Including plenty of real-life examples from his personal experience starting 17 businesses, Adams shows new entrepreneurs how to avoid common pitfalls (don’t name your business after yourself!) and how to start a business right (be differentiated from your competitors!).

Adams says “Almost anyone can start a business

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Wisconsin Man Has Grown Logging Business Along with Construction Firm

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The Eco Log 688E harvester is specially designed for work in steep terrain. It is powered by a Volvo Penta 286 hp engine. The base of the boom is located to the side and behind the cab to give the operator a full view in front. The Eco Log harvester is equipped with a Log Max 6000 harvester attachment. Scandinavian Forestry Equipment represents Eco Log, Log Max, and other manufacturers.

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MARENGO, Wisconsin — Daniel Granger owns a successful construction business, but to make up for lost time during the winter, he decided to launch a logging business,

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United States Insurance Industry Analysis Report 2021: Impacts of COVID-19, Joe Biden Winning the Election and the Affordable Care Act – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Analyzing the Insurance Industry in the US 2021” report has been added to ResearchAndMarkets.com’s offering.

This report Analyzing the Insurance Industry in the US provides an in-depth analysis of the US insurance industry.

The US insurance industry is the biggest insurance market in the world. Despite a number of challenges, the insurance sector in the US is not expected to slow down much in the face of the novel coronavirus pandemic.

The COVID-19 and the resulting economic impact have led to a radical shift in consumer needs, expectations, and spending habits. It has also brought about

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Over 800,000 Crypto Traders Liquidated in Last 24 Hours

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In the wake of China extending the ban on cryptocurrencies further and last week’s Twitter musings by Elon Musk the crypto market plunged, the effect of these external impacts can be seen through real-time liquidations, which topped 804,242, in the last 24 hours.

Bybt liquidations counts all the crypto liquidations across all exchanges and currencies. This came as bitcoin (BTC) lost value for the fifth day in a row. The world’s largest cryptocurrency is now back at the pre-Tesla announcement price. Representing a huge fall from grace, after hitting all-time highs above $60,000, last month.

During this, thousands of traders

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