The state government of Maharashtra has announced to set up the country's first medical city named 'Indrayani Medicity' in Pune, to provide all kinds of specialised treatment under one roof.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.