Latest FEMA News & Updates

Washington, Jan 25 (IANS) A massive winter storm swept across a broad stretch of the United States, dumping snow and ice, plunging temperatures far below normal, knocking out power to tens of thousands of homes and forcing authorities in more than 20 states to declare emergencies, according to multiple media reports and government officials.Nearly 190 million people — more than half the US population — were under winter weather alerts across 37 states, from the Rocky Mountains to New England…

Washington, Jan 24 (IANS) A massive winter storm moving across the United States is threatening millions of people across multiple regions, disrupting travel and raising the risk of power outages, dangerous road conditions, and extreme cold. The storm is forecast to affect large parts of the Midwest, the East Coast, and the South. Authorities warned of heavy snow, freezing rain, and life-threatening wind chills as the system spreads eastward.Flights have been disrupted, and road travel is expect…

New Delhi, Jan 9 (IANS) The Reserve Bank of India (RBI) has issued a compounding order on December 12, 2025, under section 15 of the Foreign Exchange Management Act (FEMA), 1999, in the case of Kakinada Seaports Limited, which has resulted in the termination of the proceedings against the company for alleged contraventions of provisions of FEMA, according to an Enforcement Directorate (ED) statement on Friday.The order was passed by the RBl after issuance of a “no objection” certificate by the E…

New Delhi, Jan 8 (IANS) Capital markets regulator Securities and Exchange Board of India (SEBI) has found that a Bank of America (BofA) unit improperly shared material non‑public information about a $180 million block sale and misled investigators, a report has claimed.SEBI’s November show‑cause notice alleges the bank’s deal team disclosed price‑sensitive details of a 2024 sale of Aditya Birla Sun Life AMC shares to employees outside the execution team and later provided inaccurate st…

Kochi, Dec 29 (IANS) Malayalam film actor and producer Jayasurya appeared before the Enforcement Directorate (ED) at its zonal office in Kochi on Monday, as part of an ongoing investigation into alleged violations of the Foreign Exchange Management Act (FEMA) linked to the controversial Save Box app fraud case. The questioning marked the second time the actor had been summoned by the central agency in the past week.Jayasurya, 47, reached the ED office around 10:30 a.m., accompanied by his wife S…