The penalty on HDFC Bank was levied under the provisions of Section 11(3) of the Foreign Exchange Management Act (FEMA) after ...

If you have invested in Dubai or other overseas properties, make sure your purchase was routed through authorized channels, ...

RBI allows scheduled commercial banks to use CareEdge Global IFSC Limited ratings for risk weighting non-resident corporate claims at IFSCs under Basel III capital ...

The nation's disaster relief agency — rocked by staff cuts and a push for its elimination by President Trump — is "not ready" for hurricane season, which starts in just two weeks, an internal ...

One FEMA official described the strategic plan as the agency's "organizational backbone," saying, "Without it, there are just a bunch of offices doing whatever they feel like doing." ...

International Financial Services Centres Authority (IFSCA)[1] is the unified regulator for the development and regulation of ...

Jeremy Greenberg was in charge of coordinating federal help after hurricanes, wildfires, earthquakes and other emergencies. He has resigned from leading FEMA's National Response Coordination Center.

Paytm parent One97 Communications has reportedly filed a compounding application with the Reserve Bank of India to settle an ongoing case pertaining to alleged violations of the Foreign Exchange ...

FEMA makes late push to bolster hurricane preparedness, but effort may be too little, too late, officials say ...

The Reserve Bank of India (RBI) on Wednesday announced it will extend trading hours for call money market, market repo, and Tri-Party Repo (TREP) from July 1 ...