The Enforcement Directorate (ED) has initiated a probe against Amazon.com Inc to examine if it has violated any provisions of the Foreign Exchange Management Act (Fema) in a 2019 deal with the Future ...
Reserve Bank of India governor Shaktikanta Das has said that a lot of imperfections have crept into the Indian bond market that the regulator needs to weed out before it can emerge as a vibrant altern...
According to the Press Note 4 (2020 series): “FDI up to 74 per cent under the automatic route shall be permitted for companies seeking new industrial licences”.
The Press Note said infusi...
The Enforcement Directorate has issued a notice to Amnesty International India for alleged violations under the Foreign Exchange Management Act (Fema).The international non-profit has been accuse...
The rupee on Monday appreciated by 49 paise, the biggest single-day gain in two months, to close at 69.74 against the dollar following sharp gains in equities and forex inflows after exit polls sugges...
The Reserve Bank is expected to come out with a report next month to facilitate the development of the secondary market for corporate loans. The central bank had set up a task force to suggest policie...
The Congress on Thursday continued to defend embattled senior leader P. Chidambaram and attacked the Narendra Modi government for allegedly using the investigative agencies to settle personal scores.T...
The Enforcement Directorate has told Delhi High Court it has started investigations into whether e-commerce giants Amazon and Flipkart had violated the Foreign Exchange Management Act by creating a ma...
P. Chidambaram was on Wednesday night arrested by CBI officials who scaled a wall to enter his home, soon after he had addressed a news conference at the Congress headquarters where he denied being ac...
Market benchmarks Sensex and Nifty suffered heavy losses in a volatile session on Monday as investors braced for an extension to the nationwide lockdown amid mounting Covid-19 cases. The weak equities...