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Wednesday, July 23, 2025
TopicForeign Exchange Management Act

Topic: Foreign Exchange Management Act

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.

ED issues FEMA notice to cryptocurrency exchange WazirX for transactions over Rs 2,790 cr

The agency said that it stumbled upon the transactions of the company during an ongoing money laundering probe into the ‘Chinese-owned’ illegal online betting applications.

On Camera

Pakistani accomplices, shootouts, sealed chargesheet—how the 7/11 blasts case fell apart

After 19 years, the Bombay High Court finally held what governments and intelligence services have long known: The men sentenced for their role in the bombings had nothing to do with it.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.