Forex exchange

ED issues Rs 3,600 cr FEMA notice to Sahara for London property

Enforcement Directorate (ED) on Friday slapped a show cause notice on Sahara group for alleged violations of foreign exchange laws to the tune of Rs 3,600 crore in connection with the purchase of a luxury property in London few years back.

Feb 06, 2015, 21:37 PM IST

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Jul 09, 2014, 19:06 PM IST