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Foreign Exchange Department

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ED books BBC India for foreign exchange violations, seeks documents

The Enforcement Directorate (ED) has registered a case under FEMA against BBC India for alleged foreign exchange violations and called its staffers for questioning following which a deputy managing......

US to limit visas for foreign students, journalists

The Trump administration is proposing to limit the duration of visas for foreign students and media personnel in the United States. Image used only for representation. Photograph: Reuters The......

How India Got The MiG-21 63 Years Ago

The MiG-21 episode demonstrates that procurement is always strategic.Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are......

Jolt to Ukraine peace as Putin-Trump meet likely to be stalled

A meeting between Russian Foreign Minister Sergey Lavrov and US Secretary of State Marco Rubio, ahead of a summit between the two countries presidents Vladimir Putin and Donald Trump has been......

India, Canada unveil roadmap to revive ties

India and Canada on Monday unveiled an ambitious roadmap to boost cooperation in areas of trade, critical minerals and energy as Canadian Foreign Minister Anita Anand met Prime Minister Narendra......

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India’s leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial......

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns......

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign fund outflows and......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In September 2006, the Union government had put the Satara......

Sensex pares gains on profit-booking; ends up 130 pts

Equity benchmark indices Sensex and Nifty ended marginally higher on Thursday, helped by robust buying in IT and tech stocks amid growing optimism on the US-India trade deal front. Photograph:......

ED raids premises of Dulquer Salmaan, Prithviraj in luxury car smuggling case

The Enforcement Directorate on Wednesday raided premises linked to actors Prithviraj Sukumaran, Dulquer Salmaan, Amit Chakkalackal and some other persons across Kerala and in Tamil Nadu as part of......

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