Foreign Exchange Regulation Act

Foreign Exchange Regulation Act News

Express Economic history series- 3: How ‘draconian’ FERA clause triggered flush of retail investors

The Foreign Exchange Regulation Act, or FERA, of 1973 came in the backdrop of major inflationary pressures and an uncertain outlook on exports.

Bengaluru to Bhavnagar: Many moved offshore before RBI relaxed forex limits

Offshore account holders claimed NRI status, bought entities from Mossack Fonseca for a few dollars.


How India treats its NGOs

True democracies celebrate involvement of citizens, make consultation a habit