FEMA

How Aadhaar would curb money laundering, asks Supreme Court

How Aadhaar would curb money laundering, asks Supreme Court

"There is no doubt that money laundering is a problem. The only question that needs to be answered is how will Aadhaar prevent money laundering."

Apr 11, 2018, 22:51 PM IST
Karti Chidambaram: Other cases and allegations against him

Karti Chidambaram: Other cases and allegations against him

Here are other cases and allegations against Karti Chidambaram.

Feb 28, 2018, 15:16 PM IST
Karti Chidambaram arrested by CBI for FEMA violation

Karti Chidambaram arrested by CBI for FEMA violation

This case relates to the approval given by the FIPB while his father was Union Finance Minister.

Feb 28, 2018, 08:52 AM IST
Come up with workable plan to repay dues: Punjab National Bank responds to Nirav Modi's letter

Come up with workable plan to repay dues: Punjab National Bank responds to Nirav Modi's letter

In his letter to PNB, Nirav Modi said that the over-zealousness on the part of the bank to deal with the issue destroyed his jewellery brand and also jeopardised his ability to clear the dues.

Feb 22, 2018, 17:58 PM IST
Here's why IndiGo says it can't accept Indian currency for on-board sales

Here's why IndiGo says it can't accept Indian currency for on-board sales

The clarification by the airline comes in the wake of allegation by a businessman that said the crew in an IndiGo flight plying from Bengaluru to Dubai refused to accept Indian currency.

Nov 22, 2017, 19:31 PM IST

US to meet 90% of Puerto Rico's reconstruction cost

US President Donald Trump has authorised an increase in the disaster assistance to Puerto Rico, taking up 90 per cent of the cost of rebuilding public infrastructure, including restoring the power grid destroyed by hurricane Maria in September.

Nov 03, 2017, 15:56 PM IST
FEMA chief says Irma path is 'worst-case scenario' for Florida Keys

FEMA chief says Irma path is 'worst-case scenario' for Florida Keys

The new path forged by Hurricane Irma posed a severe threat to Florida`s west coast and the Florida Keys, the head of the US federal emergency agency said on Sunday, and the storm was bringing tornado watches and warnings around the state.

Sep 10, 2017, 20:10 PM IST
Hurricane Irma will 'devastate' United States: Official

Hurricane Irma will 'devastate' United States: Official

He warned that parts of Florida would be out of electricity for days if not longer and that more than 100,000 people may need shelter.

Sep 08, 2017, 17:53 PM IST
KKR owner Shah Rukh Khan summoned over alleged FEMA violation in IPL

KKR owner Shah Rukh Khan summoned over alleged FEMA violation in IPL

In March, the agency had issued a show-cause notice to SRK and his wife Gauri, actor-friend Juhi Chawla and others. But Bollywood superstar had not appeared before the agency.

Jul 20, 2017, 19:52 PM IST

'IT dept sent 266 requests overseas in Panama papers probe'

The Income Tax department has sent over 260 requests overseas seeking information in connection with its tax evasion probe in the Panama papers leak case.

May 03, 2017, 23:20 PM IST
ED issues show cause notice to KKR owners Shah Rukh Khan, Gauri Khan, Juhi Chawla for violating FEMA guidelines

ED issues show cause notice to KKR owners Shah Rukh Khan, Gauri Khan, Juhi Chawla for violating FEMA guidelines

KKR are the two-time champions of cash-rich IPL.

Mar 24, 2017, 19:07 PM IST
RBI prohibits investments in 'non-cooperative countries'

RBI prohibits investments in 'non-cooperative countries'

Reserve Bank on Wednesday prohibited Indian entities from making direct investments in any entity located in 'non co-operative countries and territories', as identified by the inter-governmental body FATF.

Jan 25, 2017, 19:50 PM IST
ED to resume questioning of Air Asia CFO in FEMA violation case

ED to resume questioning of Air Asia CFO in FEMA violation case

Enforcement Directorate (ED) will once again question Air Asia Chief Financial Officer (CFO) Ankur Khanna under the Foreign Exchange Management Act (FEMA) to probe alleged fraudulent transactions of Rs. 22 crore.

Dec 26, 2016, 09:40 AM IST
Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and the case will now have to be legally settled.

Aug 01, 2016, 16:06 PM IST
RBI imposes Rs 27-crore penalty on 13 banks

RBI imposes Rs 27-crore penalty on 13 banks

Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.

Jul 27, 2016, 20:05 PM IST

Capt Amarinder slams Jaitley for 'fraud notice' against his son

Former Punjab chief minister Captain Amarinder Singh on Monday dubbed the Enforcement Directorate summon issued against his son Raninder Singh for alleged violation of the Foreign Exchange Management Act (FEMA) as 'fraud notice' and said Union Finance Minister Arun Jaitley can't get over his defeat in the 2014 general election.

Jun 06, 2016, 18:30 PM IST
VVIP chopper scam: Enforcement Directorate tried to dilute probe, delay money trail investigation?

VVIP chopper scam: Enforcement Directorate tried to dilute probe, delay money trail investigation?

Every day there is a new and shocking development in AgustaWestland VVIP chopper scam!

May 05, 2016, 10:55 AM IST
Freedom 251: ED probing Ringing Bells for alleged FEMA violation

Freedom 251: ED probing Ringing Bells for alleged FEMA violation

The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.

Mar 16, 2016, 18:05 PM IST
Black money: RBI invites applications for regularisation of declared wealth

Black money: RBI invites applications for regularisation of declared wealth

The Reserve Bank Wednesday said that those who have declared unaccounted overseas assets under the blackmoney law should file application with its central office for regularisation of declared wealth.

Feb 10, 2016, 22:26 PM IST

No FEMA action for disclosure under black money window: RBI

RBI Wednesday said no action under FEMA will be taken against declarations under one-time black money compliance window, which ends today.

Sep 30, 2015, 20:48 PM IST