News Regulations08 Jul 2019

India:Budget allows 100% FDI in intermediaries; FDI cap in insurers to be reviewed

| 08 Jul 2019

India's annual Budget for the fiscal year ending 31 March 2020 (FY2020) has set a target of growing the country into a $5trn economy by 2024-25 from $2.7trn currently, and focuses on India becoming a part of the global financial system.

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