New Delhi, Dec. 18 -- Rajya Sabha on Wednesday passed a bill to allow 100% foreign direct investment (FDI) in insurance in a move aimed at boosting capital inflows and expanding one of the world's fastest-growing insurance markets. The upper house of Parliament, through a voice vote, passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, to raise FDI in the insurance sector from 74% to 100% amid strong demands by the Opposition that the proposed legislation be sent to a select committee for parliamentary scrutiny. The bill was passed by the Lower House a day ago and is now set to become law.HTC...