Indian government may open its insurance and aviation industries to foreign investors

In an effort to revitalize a slowing economy, the Indian government may open its insurance and aviation industries to foreign investors.

The Ministry of Finance proposed to raise the limit on foreign direct investment in Indian insurance and pension firms from the current level of 49 pe...

Bharat Petroleum and Air India Debt Crisis

IN NEW DELHI: By March in upcoming year, the government plans to sell the two indebted companies, Air India (AI) and Bharat Petroleum Corporation Limited (BPCL). This news was broken by Nirmala Sitharaman, Finance Minister of India, in a talk with Times of India, at a time when ailing national ca...