India Approves 100% FDI in Insurance; PM Modi Visits Oman Amid Security Concerns in Bangladesh
India's Rajya Sabha approved the Sabka Bima Sabki Raksha Bill, allowing 100% foreign direct investment in insurance. Finance Minister Nirmala Sitharaman stated that premiums would remain in India, while foreign insurers must participate in welfare schemes.
Congress MP Shaktisinh Gohil raised concerns over potential digital fraud from foreign access to PAN and Aadhaar data. Prime Minister Narendra Modi arrived in Oman for a two-day visit, emphasizing strong ties between India and Oman.
Meanwhile, India's Ministry of External Affairs summoned the Bangladesh envoy over security concerns regarding extremist threats to the Indian mission in Dhaka. In energy legislation, the Lok Sabha passed the SHANTI Bill, allowing private participation in nuclear energy to achieve 100 GW capacity by 2047.
The Opposition protested, citing safety concerns. Additionally, a seagull with a Chinese GPS tracker was found in Karnataka, prompting investigations into potential espionage.
