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Monday, November 4, 2024
TopicForeign funds

Topic: foreign funds

CBI books lawyer, his Delhi-based advocacy group for bringing in foreign funds to ‘target, stall coal projects’

In FIR filed last week, CBI claims Ritwick Dutta and his award-winning NGO LIFE received 'foreign contributions', which he utilised for 'undesirable purposes'. Dutta has denied allegations.

Fake invoices, impersonation, hawala bribes: How ‘nexus’ of officials & NGOs ran FCRA scam

CBI probing how licences were granted & renewed for bribes, based on complaint filed by MHA. 36 persons, including 7 officials, are named in FIR, and 14 have been arrested.

Imran Khan is under scrutiny again. This time it’s for foreign donations to his party PTI

Pakistani Opposition claims the report is a 'damning indictment' of Imran Khan and PTI. But the PM also wants PPP and PML-N to be scrutinised.

Oxfam among 6,000 organisations to lose FCRA licence, MHA says 5,789 didn’t apply for renewal

The organisations are among a cumulative 12,580 whose FCRA licence — which allows them to get foreign funding — has ceased to exist over the past few years.

Wave of foreign money threatens RBI’s tight grip on rupee

For most of this year, RBI has capped currency gains as global investors poured around $50 billion into stocks and stakes in companies.

Rs 35,000 cr in 5 months — NRI deposits surged as overseas Indians returned due to Covid

Deposits into repatriable accounts hit five year high, but the situation is returning to normal levels as workers are going back overseas for jobs.

Amnesty International India to challenge govt order freezing its accounts in Karnataka HC

While Amnesty said it was halting all operations in India due to govt's 'witch-hunt', MHA has said action was taken because the human rights body was receiving funds illegally.

Amnesty halts all activities in India, alleges witch-hunt after govt freezes accounts

The government has said that Amnesty has been receiving foreign funds illegally, which the organisation denies, saying it fully complies with all Indian and international laws.

Modi govt tables FCRA amendments, opposition & NGOs call it fatal blow to civil society work

FCRA amendment bill introduced in Lok Sabha Sunday proposes reduction of foreign funds for admin expenses to 20%, mandates use of Aadhaar as ID.

Rupee rises 6 paise to 75.60 against US dollar in early trade

Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over Covid weighed on the local unit.

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.