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ED issues FEMA notice to Kerala CM in Masala Bond case

The Enforcement Directorate has issued a Rs 466-crore FEMA show cause notice to Kerala Chief Minister Pinarayi Vijayan, former finance minister Thomas Issac, and the CM's chief principal secretary......

No concept of digital or online arrest under PMLA: ED

There is no concept of digital or online arrest under the anti-money laundering law and the ED undertakes such a procedure only in person, the federal probe agency said on Wednesday. Image used......

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......

Former Axis fund manager held for cheating investors

Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs......

ED grills BJP worker who filed case over Rahul's citizenship

A Karnataka Bharatiya Janata Party worker, who had petitioned the Allahabad high court claiming that Congress leader Rahul Gandhi is a British citizen, deposed before the Enforcement Directorate on......

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......

Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

Anil Ambani skips ED summons in FEMA case

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear before it on November 17 in a FEMA case after he skipped his scheduled date on Friday.......

RBI allows rupee to find its own level: Guv Malhotra

Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.......

RBI steers away from aggressive intervention as rupee touches new lows

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to......

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......

Davis Cup: Nagal Wins Reverse Singles; Powers India Into Qualifiers

This is India's first win over a European side in an away tie in 32 years after they had beaten France in the quarter-finals way back in 1993. IMAGE: Sumit Nagal outclassed Switzerland's Henry......

Lalit Modi's plea against BCCI backfires

HC imposes cost of Rs 1 lakh on Lalit Modi for plea seeking BCCI to pay ED penalty IMAGE: The plea claimed the BCCI is supposed to indemnify Lalit Modi as per bylaws. Photograph: Kind......