CBI carried out a raid at Pathak's residence days after it lodged a case against him & others under Section 120-B (criminal conspiracy) of IPC and Foreign Contribution Regulation Act.
Expanding the scope of violation of FCRA, 2010, Centre has said that validity period of receiving foreign funds will be 3 yrs from the date of approval of application for prior permission.
Three Indian companies allegedly received Rs 25 crore from US billionaire Soros-backed investment fund, violating Indian foreign funding regulations, it is learnt.
Raids part of FEMA probe. Any funds transferred by donors to US billionaire Soros-backed Open Society Foundations requires clearance from home ministry before disbursal, it is learnt.
Since 1 January, patients & staff at Sambhavna Trust Clinic had been holding peaceful sit-ins, demanding FCRA renewal to prevent closure of the clinic facing a severe funding crisis.
In 2019, Sambhavna Trust’s FCRA registration was cancelled for alleged violation of rules & its bank account was frozen. Certification is must for receiving foreign contributions.
Passport numbers, mobile numbers & email addresses were duplicated to hide details of donors & diversion of funds to personal bank accounts of AAP functionaries, says ED.
The Centre for Equity Studies and its chairperson Harsh Mander are accused of transferring funds from its foreign contribution account to individuals & firms. Case was registered Wednesday.
CBI has accused Environics Trust of violating Foreign Contribution (Regulation) Act provisions by diverting money for cyclone relief to pay people to agitate against proposed JSW group steel plant.
India’s foreign policy today is driven less by Western alignment or global liberalism and more by domestic political imperatives — economic, ideological, and electoral.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
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