Browsing Tag
foreign funds
12 posts
Govt notifies new rules, makes it tougher for NGOs to get foreign funds
Any organisation seeking prior permission for receiving a “specific amount from a specific donor for carrying out specific activities or projects” shall “submit a specific commitment letter from the donor indicating the amount of foreign contribution and the purpose for which it is proposed to be given”.
Lok Sabha passes amendments to FCRA that seek to make Aadhaar mandatory for NGOs to receive foreign funds
On getting clearance from the Rajya Sabha and the President, the amended act will empower the government to ask a violator to not use the funds by holding a “summary inquiry”.
Govt proposes to amend FCRA, make Aadhar mandatory for NGOs to receive foreign funds
The bill to amend the FCRA has been introduced in the Lok Sabha. It seeks to limit the use of foreign funds for administrative purposes from the current limit of 50 per cent to 20 per cent.
Sensex Crosses 40,000 Mark on hopes of tax sops
Mumbai, Oct 30: Markets witnessed a strong opening on Wednesday due to foreign fund inflow and hopes of…
Rupee close to 6-month low at nearly 72 a dollar
The negative divergence still continues with it. Thus, no sign of buying is indicated. A break above 72 would add buying pressure towards 72.20. Major support are 71.80 then 71.65."
Inflationary fears dent rupee; falls to new low of 72.67 per USD
Mumbai, Sep 10 : Indian rupee tumbled to a new record low of 72.67 against the US dollar…
High crude oil prices drive rupee to fresh low
Mumbai, Aug 30 : High global crude oil prices, along with continuous outflow of foreign funds pulled the…
Rupee devalues to record low beyond 70.20
Mumbai, Aug 16: Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to…
Subdued economic sentiment weighs heavy on equity indices
"Macro factors like fiscal deficit, CAD, inflation and new employment generation indicated weakness."
Global cues, FIIs’ fund movement to steer equity markets
New Delhi, Aug 20 : Global cues and direction of foreign funds’ flows are expected to affect the…
Chidambaram asks why six FIPB secretaries not named as accused
New Delhi, Aug 5 : Former Finance Minister P. Chidambaram on Saturday asked the government why it had…
69 NGOs barred from getting foreign funds
Sixty-nine NGOs have been barred from receiving foreign funds since May 2011, the government told parliament on Tuesday.…