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%.
Veteran Australian cricketer Rod Marsh, who played as a wicketkeeper for the Australian national team has passed away due to a heart attack. He was 74.
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the establishment of the World Health Organization Global Center for Traditional Medicine at Jamnagar, Gujarat.
EXAMIANS