So why do we need to analyse inflows under FCRA? Because of the sheer magnitude of inflows. Reported inflows into India were $2 billion in 2007-08 and app $2.5 billion in 2006-07.
The Delhi high court on Thursday asked the Centre to look into "afresh" the accounts of Aam Aadmi Party to find out the source of money received by it after its inception.
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
In September 2013, FMC was brought under the Finance Ministry.
'The only positive I see are the youth of India who were earlier just after money. The young now want to do something for society.'
The Centre may soon come out with an ordinance to amend the Forward Contracts (Regulation) Act to give autonomy to commodity market regulator Forward Markets Commission. "The issue is likely to come up before the Cabinet on January 24," Minister of State for Food Processing Industries Subodh Kant Sahai said on the sidelines of an Assocham-organised conference on futures trading.
Indian commodity market can treble in size to an annual turnover of Rs 100 trillion by 2010, if the government allows investment by FIIs, banks and mutual funds as well as new products like options trading, top market officials believe.
'The BJP gets most of its contributions in cash.' 'Now they may show that donations are made in small amounts, less that Rs 20,000, but everyone knows this is just absurd.'
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
Muzzling NGOs is unbecoming of a democracy. Self-confident democracies encourage, indeed applaud, the involvement of citizens' associations, including NGOs, in social and political decision-making and development planning. Instead, our paranoid government bullies and terrorises them, says Praful Bidwai.
'Suspect all, fix all.' 'It is this mindset that begins at the very top of an establishment and then trickles down and across,' notes Shekhar Gupta.
The Congress on Wednesday approached the Supreme Court challenging the Delhi high court's verdict holding it along with the Bharatiya Janata Party prima facie guilty of violating the foreign funding law by receiving donations from United Kingdom-based Vedanta Resources' subsidiaries.
The United States on Friday expressed concern over India's crackdown on Ford Foundation and Greenpeace, and said it is seeking "clarification" on the action.
Vedanta Resources has huge interests in India. The promoter and majority shareholder of Vedanta Resources, Anil Agarwal, also founded Sterlite Industries.
In a fresh crackdown on foreign fundings to NGOs, the Union Home Ministry has put the Ford Foundation of the USA on its "watch list" and ordered that all funds coming from the international organisation have to be routed only with its nod due to "national security concerns".
Greenpeace's registration to operate in India has been cancelled, the environmental group said on Friday, marking yet another action which, it alleged, came under the directions of the Union home ministry as part of the crackdown on NGOs.
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The Central Board of Direct Taxes has issued new directives for selection of scrutiny cases during the financial year 2013-14 by the taxman which also includes big ticket international transactions.
Continuing his stand that Congress vice-president Rahul Gandhi had taken British citizenship to set up a company in the United Kingdom, Bharatiya Janata Party leader Subramanian Swamy on Wednesday said that he will ask the Enforcement Directorate to register an FIR against the former.
The data provided by the SBI shows that highest purchase of electoral bonds for the year 2019 was reported from Mumbai where the bonds worth Rs 495.6 crore were sold.
How will the Modi Sarkar's likely return affect other nations?
'The most fundamental flaw with the electoral bond scheme is that it is designed to make anonymous donations.' 'It makes it easy for black money holders as well as corrupt corporates to donate money to the ruling party and ask for a quid pro quo without anybody getting any idea about it.'
DEA officials to push for this at a meeting with FM Jaitley.
The Centre on Wednesday told the Delhi high court that AAP leaders, including Chief Minister Arvind Kejriwal, have not provided the information sought by them on the funding received by the party.
The list has been handed over to Enforcement Directorate.
Home Minister also said CDs of Naik's speeches are being examined and asserted that the government will not compromise on the issue of terrorism.
In a severe indictment, commodity market regulator FMC has said Jignesh Shah and his firm FTIL are not 'fit and proper' to run any exchange in the country and charged him of being the "highest beneficiary" in the NSEL scam.
Activist Teesta Setalvad on Monday recorded her statement before the CBI in connection with a case against her firm for alleged violation of FCRA.
"Whose money is this? From where did the money in these bank accounts have come," a bench headed by Justice Dipak Misra asked the counsel for Setalvad.
Following the Centre's tough stand on Islamic preacher Zakir Naik's controversial comments on terrorism, nine teams from the National Intelligence Agency, the Intelligence Bureau and other agencies are scanning the former's activities, while special teams are scanning every footage of his speeches.
Controversial Islamic preacher Zakir Naik on Sunday claimed that there has been no misuse of funds by his banned NGO and rejected all allegations of involvement in terror-related activities.
'Even if something appears to be wrong, we can always request the government and Parliament to make amends.'
In a breather to social activist Teesta Setalvad and her husband, the Bombay high court on Friday granted the duo 17-day interim relief from arrest in a Central Bureau of Investigation case alleging that her company received Rs 1.8 crore from abroad without mandatory approval from Centre.
For the first time the Ford Foundation is placed under a watch.
'Little about this regime, given its vindictive credo, is a complete surprise. But we were still taken aback by the CBI raid as it was a complete abuse of due process.' 'These are not legal inquiries, but abusive use of State power. They are not legitimate investigations, but a witch-hunt.' 'Ours is a typical, classic case of the State and its organs being used as an outlet for motivated vendetta of the vilest kind.'
The million dollar question that begs for an answer is: Why is it that an amateurish attempt to convert a handful of Muslims by fringe Hindu elements garners so much attention while large scale systematic attempts to subvert Hinduism go unnoticed or are deliberately overlooked? If this is not double standards then what is, asks Vivek Gumaste.
'No private citizen can be prevented from holding or propagating in India or abroad, a view contrary to that of the government of the day. The government, it seems is misreading the mandate in the Lok Sabha as being a mandate to crush dissent. In times when ruling parties have brute majorities in Parliament, the true test of safeguarding democracy is its ability to allow dissenting voices to be heard,' says Indira Jaising, the former additional solicitor general.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
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