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NEW DELHI: The govt is set to introduce a bill in Parliament this week to amend the Foreign Contribution Regulation Act (FCRA), a move aimed at streamlining takeover of foreign-funded assets when an organisation’s registration is cancelled, surrendered or lapses.The bill proposes that foreign contributions and assets created by such organisations, including those partly funded…
India’s foreign exchange reserves declined sharply in the week ended March 6, reversing the previous week’s surge that had taken the country’s forex stockpile to a record high.Data released by the Reserve Bank of India on Friday showed the reserves dropped by $11.683 billion to $716.810 billion, reported PTI. In the preceding reporting week, the…
NEW DELHI: ED on Wednesday attached 31 land assets worth more than Rs 582 crore associated with Anil Ambani and his Reliance Home Finance Limited and Reliance Commercial Finance Limited.These properties are located across 13 states and the attachments are the result of searches on Reliance Power on March 6. The total attachment against Ambani…
This image provided by U.S. Central Command shows a F/A-18F Super Hornet preparing to make an arrested landing on the USS Abraham Lincoln (CVN 72)) in support of Operation Epic Fury, on Saturday, Feb. 28, 2026. (U.S. Navy via AP) The United States Central Command (CENTCOM) on Tuesday released a summary of the first 10…
Russia has been providing Iran with real-time intelligence on the locations of American military assets in the Middle East, including warships and aircraft, potentially helping Tehran target US forces during the ongoing conflict, according to a report citing officials familiar with the intelligence.According to The Washington Post, three officials said Moscow has shared information on…
The UAE is considering freezing key Iranian assets held in the Gulf state to curb Tehran’s access to foreign currency and global trade amid the ongoing Middle East crisis.According to the Wall Street Journal, UAE authorities are weighing measures ranging from freezing the assets of UAE-based shadow companies used to mask trade, to a sweeping…
Explosions rocked Iran’s capital before dawn Wednesday as the country’s escalating conflict with the United States and Israel entered its fifth day, marking one of the most intense periods of fighting in the region in decades. The latest blasts in Tehran came after days of sustained US-Israeli airstrikes on Iranian military and nuclear sites and…
Iran on Wednesday hit key American assets across Middle East amid the fifth day of its escalation with the joint forces of US and Israel.According to US media reports, Iranian drones struck US consulate in Dubai, a CIA station US Embassy compound in Riyadh and military base at Qatar’s Al-Udeid.US consulate in DubaiAccording to Wall…
Gold and silver began Wednesday’s session with strong gains on the Multi Commodity Exchange of India as intensifying US-Israeli air strikes on Iran and mounting geopolitical tensions spurred increased buying in safe-haven assets. April 2026 gold futures on the MCX climbed by more than Rs 2,157, or 1.33%, to trade at Rs 1,63,265 per 10…
Mumbai: Foreign exchange reserves rose by $8.66 billion to a record $725.73 billion in the week ended Feb 13, reflecting valuation gains in gold and non-dollar foreign currency assets amid global market volatility and a softer US dollar.Gold reserves rose by $4.99 billion to $128.47 billion following a surge in international gold prices. The increase…
