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Foreign varsities can now set up campuses in India

For the first time, foreign universities will be able to set up their campuses in India with the University Grants Commission (UGC) on Thursday unveiling draft norms for their establishment and......

ED registered highest money laundering, FEMA cases in FY22: Govt tells Parl

In the last 10 years, the Enforcement Directorate registered the highest number of money laundering and foreign exchange violation cases in the 2021-22 financial year -- at 1,180 and 5,313......

Top 500 ranking, no online class: Rules for foreign universities in India

The University Grants Commission (UGC) on Wednesday notified the regulations for foreign universities to set up and operate their campuses in India with complete autonomy to decide their admission......

Now, ED files money-laundering chargesheet against Amnesty India

A day after Enforcement Directorate issued a FEMA show-cause notice of Rs 61.72 crore against Amnesty India and its former head Aakar Patel, the agency on Saturday said it has filed a......

ED slaps Rs 10 cr fine on Aakar Patel, Rs 51.72 cr on Amnesty India

The Enforcement Directorate on Friday said it has slapped a total penalty amount of more than Rs 61 crore against Amnesty India and its former head Aakar Patel for contravening the Indian foreign......

RBI issues framework for reclassification of FPI to FDI

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches......

Healthy FDI inflows into India to continue in 2025

India, averaging over $4.5 billion in monthly foreign direct investment (FDI) inflows since January this year despite global uncertainties and challenges, is tipped to sustain the trend in 2025 on......

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio......

Cross-border share swaps eased by govt

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that......

What Are New RBI Governor's Challenges?

'Challenge is basically near-term growth as the outlook has turned a bit adverse.' IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council......

Here's why ED slapped 121-crore penalty on BCCI

IMAGE: Narayanaswami Srinivasan. Photograph: BCCI The Board of Control for Cricket in India and its officials did not open a separate bank account in South Africa after transferring Rs 243......

ED slaps show-cause notice to SRK, Gauri, Juhi

ED notice to SRK, Gauri, Juhi for 73 Cr violation under FEMA IMAGE: Shah Rukh Khan and Juhi Chawla. Photographs: Pradeep Bandekar The Enforcement Directorate, on Friday, issued a......

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