Insurance FDI Raised to 100%
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🗞️ Insurance FDI cap raised to 100%
Parliament has passed a bill allowing 100% foreign direct investment in the insurance sector, replacing the earlier cap and enabling global insurers to own Indian ventures outright.
💬 Expert Take — “Full foreign ownership could unlock capital, innovation, and global best practices in India’s underpenetrated insurance market.”
🗞️ ICICI Prudential AMC IPO may list with 19% gains
ICICI Prudential AMC shares could debut with gains of up to 19%, according to analysts, with post-listing strategies focused on long-term AUM growth.
🗞️ KSH International IPO subscribed 32x
KSH International IPO was subscribed 32 times on Day 3, with the retail portion booked 56x, reflecting strong investor appetite.
🗞️ Vodafone Idea raises ₹3,300 crore via NCDs
Vodafone Idea has raised ₹3,300 crore through non-convertible debentures to fund network expansion and operational needs.
🗞️ India’s telecom exports surge 72%
India’s telecom exports jumped 72%, rising from $1.10 billion to $2.03 billion, driven by rising global demand for Indian telecom equipment.
🗞️ Biomass and biogas capacity expands sharply
India has added 2,361 MW of biomass capacity, 228 MW of waste-to-energy, and 2.88 lakh biogas plants over the last decade, strengthening clean energy adoption.
🗞️ India’s exports rise 19.37% in November
India’s exports rose 19.37% YoY to $38.13 billion in November, supported by engineering goods and electronics shipments.
🗞️ India, Oman move closer to free trade agreement
India and Oman are progressing toward an FTA aimed at boosting bilateral trade, investments, and energy cooperation.
📊 Market Update (Today)
📉 Sensex: 84,481.81 ▼ 77.84 pts (–0.09%)
➖ Nifty 50: 25,815.55 ▼ 3.00 pts (–0.01%)
🪙 Gold (24K per gram): ₹13,484 ▲ ₹33
🥈 Silver (per kg): ₹2,11,000 ▲ ₹3,000