Rajya Sabha
RS to pass Bangladesh land boundary accord bill again.RSTV

Despite opposition protests, the Rajya Sabha on Thursday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26% to 49%.

Formally called the Insurance Laws (Amendment) Bill, the measure seeks to replace an ordinance that was promulgated during the inter-session period.

The bill has already been passed in the Lok Sabha on 4 March.