Foreign Funding

  • Maoists getting support from organisations in Europe: MHA July 15, 2014

    New Delhi: The Ministry of Home Affairs on Tuesday told Parliament that Maoists were getting support from organisation in Europe including Germany, France, Holland and Italy. Minister of State for Home Kiran Rijiju said that the matter is being taken up with the European countries. Rijiju added that the Maoists have...
  • Budget 2014: FDI in insurance to be hiked to 49 per cent July 10, 2014

    New Delhi: In a big relief to the capital-starved private insurance sector, Finance Minister Arun Jaitley on Thursday proposed raising the Foreign Direct Investment (FDI) cap from 26 per cent to 49 per cent. "The insurance sector is investment starved. Several segments of insurance sector need expansion. The composite cap of...
  • Don't allow NGO Greenpeace to collect foreign funds: IB to PMO June 19, 2014

    New Delhi: After an Intelligence Bureau called Greenpeace a threat to national economic security, it has now clamped down on the international NGO recommending cancellation of permission given to it for collecting funds abroad besides reassessment of its tax compliance. In the fresh report, submitted to Prime Minister's Office and National Security...
  • Noted international NGO Greenpeace a 'threat to economic security': IB June 11, 2014

    New Delhi: International non-government organisation Greenpeace is in a spot of bother after an Intelligence Bureau report called it "a threat to economic security" and accused it of impacting the country's GDP by initiating agitations and campaigns against coal and nuclear power plants. In its report on foreign-funded NGOs, the IB...
  • AAP targeted by Cong as it has gained immense popularity: Kejriwal November 12, 2013

    New Delhi: As Congress-led UPA Government announced a probe into the source of funding of the Aam Aadmi Party, Arvind Kejriwal alleged that his party is being targeted as it has gained immense popularity. "We are open to any kind of probe. We are not afraid of anything as we...
  • Government orders probe into Aam Aadmi Party's source of funding November 11, 2013

    New Delhi: Trouble seems to be brewing for the Aam Aadmi Party as the government has now ordered a probe into the party's funding. Home Minister Sushil Kumar Shinde has said that the government has received complaints stating that the party is receiving foreign funding. This comes even as the Aam...
  • Sri Lanka to approve setting up of foreign-funded casinos September 12, 2013

    Sri Lanka, on Thursday, approved the setting up of foreign-funded casinos that are expected to bring in one billion dollars in investments despite a threat of protests from influential Buddhist monks. Information Minister Keheliya Rambukwella, who is also the government spokesman, said the federal cabinet had decided to grant a tax...
  • Congress, BJP get court notice on foreign funding February 4, 2013

    New Delhi: The Delhi High Court on Monday issued notice to the Congress and the BJP on a plea seeking directive for a CBI or SIT probe for allegedly taking donations from subsidiaries of Britain-based Vedanta Group. A division bench of Justice Sanjay Kishan Kaul and Justice Indermeet Kaur sought...
  • Decide on plea against Team Anna: HC to Centre May 30, 2012

    New Delhi: The Centre was on Wednesday directed by the Delhi High Court to consider in three months a plea seeking CBI inquiry against members of Team Anna for allegedly receiving funds from foreign organisations to run their agitation for Lokpal Bill. A bench of Acting Chief Justice A K Sikri...
  • MFs can now invest globally June 22, 2007

    New Delhi: Indian investors can now invest into global markets by buying foreign funds through their domestic portfolio. The Reserve Bank of India is simplifying its guidelines for investing abroad through local mutual funds. Mutual funds will now be able to invest in existing international funds as RBI's latest...
  • Foreign funds want Indian investors June 20, 2007

    New Delhi: Indian markets doing reasonably well but Indians still looking for new ways to make money. Foreign asset managers want Indian money. Some of these companies are promising returns of up to 40 per cent. If you have an appetite for risk and want to earn more bang for...
  • Foreign funds find new route to India May 18, 2007

    Mumbai: The more the government tries to curb foreign funds, the more these funds seek innovative routes. The new favourite is getting money through convertible debentures. While this route has its pitfalls, the government may be looking at curbing foreign convertible debentures as well. Foreign flows, desperate to reach India...
  • Govt to scan foreign funds to NGOs November 10, 2006

    New Delhi: The Union Cabinet on Thursday approved the Foreign Contribution Management and Control Bill that seeks to restrict NGOs and other organisations from receiving foreign funding. The Government says some of the NGOs are being used to route funds for terror outfits and some are re-routing funds for private...