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Saturday, April 11, 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

Congress was committed to alcohol ban law without being practical: MA Venkata Rao

Since the bulk of citizens did not regard drinking as a crime, they had no respect for the prohibition laws and did not cooperate with the police, wrote MV Venkata Rao in 1962.

Fuel shock hits Asia’s rice bowl as farmers cut planting

War-driven surge in fuel and fertilizer costs forces farmers across Southeast Asia to delay harvests, scale back sowing and risk lower output.

Iran’s Shahed vs US’s LUCAS—The drone arithmetic reshaping the West Asia war

From Kyiv to the Gulf, Iran’s Shahed rewrote the rules of aerial warfare. Now, the US has its own copy of the cheap drones, LUCAS.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.