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Wednesday, January 28, 2026
TopicForeign Exchange Management Act

Topic: Foreign Exchange Management Act

ED’s case against NGO run by climate activist—took foreign funds to influence climate narrative

Officials say Satat Sampada's finances suddenly turned in 2021, classified funds from Canada, Germany & US as revenue to promote Fossil Fuel-Non Proliferation Treaty.

ED files FEMA case against Myntra & its directors for ‘Rs 1,654 crore FDI violation’

Inquiry revealed Myntra Designs Pvt Ltd allegedly received Rs 1,654 cr funding through FDI in Wholesale Cash & Carry category but was doing business in Multi Brand Retail Trade category.

ED raids Empuraan co-producer’s chit fund firm to probe alleged FEMA violations worth Rs 1,000 cr

The agency is also 'examining' multiple cases of cheating & forgery filed against the Chennai-based firm by various state police forces, it is learnt.

On Camera

Why sharp selloff in Japanese bonds has a message for India’s budget

Although its overall GDP will soon be bigger than Japan’s, on a per-capita basis India is still 12 times poorer.

India’s looking at 14 million metric tonnes of e-waste by 2030, recycling can’t keep up—NITI Aayog

Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.