Finance
Sock JohnsonIndia Unleashes 100% Foreign Ownership in Pension Firms
India’s stepping into the financial ring, folks! The PFRDA just dropped the hammer, allowing a jaw-dropping 100% foreign ownership in pension firms. This game-changing move is set to attract global capital and beef up retirement savings for the hardworking masses. Get ready for a financial showdown that’s electrifying the economy!
few days ago | Bloomberg
Quick rundown
1.India lifts investment caps on insurance and pension sectors.
2.100% foreign ownership now possible in India's pension funds.
3.Pension sector reforms aim to attract global investors.
4.India's insurance bill awaits the President's signature.
5.Foreign investment in India is on the rise, boosting economic growth.
