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OLD FOREIGN ASSET CASES
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...- ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
- ED case against five Bengaluru-based entities for 'unauthorised' cross-border crypto transactionsThe Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...
- India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...
- US Stock Market: Foreign investors add $103 billion to US long-term securities in AprilForeign investors showed strong interest in U.S. assets in April. They purchased $103 billion in long-term securities. Holdings of U.S. Tre...
- 3-year-old boy left critically injured after ending up in crocodile enclosure at UK zoo; stranger arrestedA 30-year-old man has been arrested on suspicion of attempted murder after a three-year-old boy suffered serious injuries inside a crocodil...
- Ghaziabad 4-year-old rape case: “She was alive for two hours”, father of victim alleges two private hospitals denied emergency careA father claims two private hospitals refused to treat his critically injured daughter after an alleged sexual assault. The four-year-old d...
- BCCI wants Vaibhav's parents on tour to ease him into senior team environment: SaikiaBCCI Secretary Devajit Saikia confirmed parents will accompany 15-year-old Vaibhav Sooryavanshi on Ireland and England tour. This decision ...
- The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
- ED to file money laundering case over ₹95 crore foreign funds routed to Maoist areasThe Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds allegedly sent into Left-Wing Extr...
- FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
- Rupee also rises to 5-week high on peace deal hopesThe Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news o...
- Homebuyers 'fraud' case: ED attaches fresh assets worth Rs 503 crore of Raheja DevelopersThe Enforcement Directorate has attached fresh assets worth approximately Rs 503 crore in a money-laundering probe against Raheja Developer...
- HDFC and Nippon Life India AMC shares rally upto 6% after FM Sitharaman hints at more foreign capital measuresHDFC AMC and Nippon Life AMC shares surged up to 6% after Finance Minister Nirmala Sitharaman indicated further measures to attract foreign...
- 7 smart ways to reuse old bedsheets instead of throwing them awayMost Indian households have at least a few old bedsheets tucked away in cupboards. They may be faded, torn at the edges, or no longer suita...
- Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
- A huge breakthrough in the Nancy Guthrie case: Did a cybersecurity firm just uncover a digital trail to her kidnappers? Here's what you need to knowA former FBI agent has labelled a new development in the Nancy Guthrie case a significant breakthrough. A cybersecurity firm has suggested ...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
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