Indian FDI progresses, but hurdles remain
Insurers hailing the Indian cabinet's approval of a bill raising the foreign direct investment limit in insurers to 49% may be celebrating prematurely, as opposition parties could still block the bill's passage through parliament.
But while the cautious may be keeping the champagne on ice, there are positive things to be taken from the developments in India last week, according to RSA's head of emerging markets Phil Bulgin.
"We
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