India’s sugar production may decline to 30.5 million tonne next season

By Administrator_ India Capital Sands India’s sugar production is likely to decline marginally to 30.5 million tonnes in the next 2021-22 season as more sugarcane will be diverted for ethanol making, a senior government official said on Monday. Sugar production is estimated to have reached 31 million tonnes in the 2020-21 season (October-September), he said. India is the world’s […]

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Bill to increase FDI limit in insurance sector gets Parliament's nod

Bill to increase FDI limit in insurance sector gets Parliament’s nod

By Administrator_ India Capital Sands A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday. Piloting the Bill, Finance Minister Nirmala Sitharaman said that hiking the FDI limit in the insurance sector will […]

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