Wants limit to be raised to 49% Keen to enter the growing insurance sector, U.S. billionaire Warren Buffett on Friday wondered if India would raise the FDI limit in the sector to 49 per cent. The U.S.-based company is keenly watching the developments regarding further opening of the sector to foreign investment. Mr. Buffett, whose group Berkshire Hathaway recently entered the Indian insurance market, called on IRDA Chairman J. Harinarayan here and...

Releasing the election manifesto here on Wednesday, West Bengal Left Front Committee Chairman Biman Bose said the eighth Left Front government will focus on “agriculture, industry, peace, democracy and progress,” in the State if it returns to power. Listing the objectives of the Front in the coming five years, the manifesto states that it wants to ensure that West Bengal is one of the top-ranked States on the three parameters of...

The prestigious Harvard University will honour Ela Bhatt, founder of the Self-Employed Women's Association (SEWA), for her "life and work" that has had a "significant impact on society" . Bhatt (77), whose trade union has helped over a million women in India gain access to opportunities for themselves and their families, will be awarded the Radcliffe Institute Medal by Harvard University's Radcliffe Institute for Advanced Study. She would be presented the medal...

Urbanization comes with its share of problems. Your new job lands you in a new city and you need necessities such as a mobile connection, a broadband connection or a bank account transfer as soon as possible. Your only hope in such cases till now is maybe a letter from the employer authenticating your address. Enter UID, the unique identity project headed by Nandan Nilekani, which promises to give an acceptable...

Among the many reasons cited for India to proceed ahead with the Unique Identification (UID) project -that it will facilitate delivery of basic services, that it will plug leakages in public expenditure and that it will speed up achievement of targets in social sector schemes -   the most specious is perhaps the claim that it will help India reach her public health Millennium Development Goals (MDGs). Despite impressive economic growth in...