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Monday, November 4, 2024
TopicFEMA

Topic: FEMA

ED probes private company linked to Amnesty International India over proceeds worth Rs 51cr

The ED is investigating two entities, the Amnesty International India Pvt Ltd and Indians for Amnesty International Trust.

Amrapali Group violated forex laws, laundered funds worth over Rs 55 crore, finds ED

The ED found at least seven 'contraventions' under FEMA and wants JP Morgan, a US-based investment banking firm, to be legally directed to remit funds worth about Rs 140 crore.

Election Commissioner Ashok Lavasa’s son quits job over ED probe, wife to resign as well

Abir and Novel Lavasa are said to have taken the decisions in the ‘larger interest of the firms they serve’.

Turmoil in India’s audit sector as ‘lapses’ lead to crackdown on Big 4

With more cases of fraud and financial mismanagement coming to the fore over the last few years, audit firms have increasingly come under scrutiny.

Rahat Fateh Ali Khan issued show cause notice in foreign exchange violation case

In 2011, Pakistani singer Rahat Fateh Ali Khan and his manager were intercepted at the Delhi airport for allegedly carrying an undeclared amount of $1.24 lakh.

ED issues showcause notice to NDTV for ‘forex violations’ to the tune of Rs 4,000 crore

The ED showcause notice was issued to NDTV founders Prannoy Roy and Radhika Roy, and journalist Vikram Chandra, among few others.

Chhattisgarh officers bought forex through impersonation and fraud, says ED probe

Additional chief secretary M.K. Raut and OSD P.K. Janawade allegedly acquired $23,380 in the name of 23 persons most of whom didn't even travel with them.

Top Chhattisgarh bureaucrats under ED scanner, carried ‘illegal’ forex on Maldives holiday

ED issues show cause notice to Chhattisgarh addl chief secy M.K. Raut and OSD P.K. Janawade for acquiring foreign exchange worth $13,360 and $10,020...

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.