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December 14, 2025, 06:05 PM - 2 min read
The Foreign Exchange Regulation Act (FERA), an Indian law enacted in 1973 to regulate foreign exchange and securities, was repealed and replaced by the Foreign Exchange Management Act (FEMA) of 1999, which took effect on June 1, 2000 and is a more liberal framework with less stringent restrictions compared to the original FERA
Read moreNovember 7, 2025, 11:58 AM - 6 min read
ED is investigating alleged illegal outward remittances, undisclosed foreign assets, and offshore entities in connection with Ambani and companies in the Reliance Anil Ambani Group (RAAG).
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