Mar 24, 2017 at 19:55 | Source: PTI
The Enforcement Directorate today issued a show-cause notice to actor Shah Rukh Khan, his wife Gauri, actor-friend Juhi Chawla and others for alleged loss of Rs 73.6 crore foreign exchange in a FEMA case related to the T-20 cricket league IPL.
Mar 06, 2017 at 21:16 | Source: PTI
The Enforcement Directorate has summoned former AirAsia India CEO and MD Mittu Chandilya in connection with a FEMA probe.
Feb 24, 2017 at 19:46 | Source: PTI
The ED has issued a show cause notice to NRI businessman C C Thampi and his firms for alleged violation of forex laws amounting to over Rs 288 crore in acquiring vast tracts of land in Delhi and adjoining areas.
Feb 02, 2017 at 21:40 | Source: PTI
RBI today allowed NRIs access to the exchange traded currency derivatives (ETCD) market to hedge currency risk arising out of their investments in India, a move aimed at providing them additional heding options.
Jan 24, 2017 at 19:40 | Source: Moneycontrol.com
This article explains how an NRI can exchange old currency notes.
Jan 04, 2017 at 20:56 | Source: PTI
The RBI will remove restrictions on cash withdrawals after assessing market situation, Finance Minister Arun Jaitley said today even as he ruled out interfering with the conditions barring anyone other than NRIs and Indians returning from abroad from depositing the junked notes in select central bank branches.
Jan 03, 2017 at 19:34 | Source: PTI
Hundreds thronging the RBI office to exchange old Rs 500 and 1,000 notes returned empty handed as the central bank is allowing the facility only for NRIs or those who were abroad during the 50-day demonetisation period.
Jan 03, 2017 at 08:00 | Source: Housing.com/news
The Indian property market has always been quite attractive for non-resident Indians (NRIs). The only concern, has been with the opaque nature of the business, with its lack of information and scientific process of R
Jan 01, 2017 at 12:46 | Source: PTI
RBI tonight came out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till yesterday, the last day for depositing the invalid currency notes in banks.
Dec 30, 2016 at 21:50 | Source: PTI
The agency has registered over 26 criminal cases under the Prevention of Money Laundering Act (PMLA), arrested 18 people and over 150 inquiries have been launched under the Foreign Exchange Management Act (FEMA) since November 8, official sources said.