India's financial crime fighting agency has fined British broadcaster BBC 314,510 pounds ($397,980) for alleged foreign exchange violations in the South Asian nation, three government sources told Reuters.

ED’s FEMA case came after an Income Tax Department survey of the BBC’s offices in New Delhi and Mumbai in February 2023 found violations.

Tesla growth grinds to a halt. A full-scale Tesla factory is unlikely. That's been the case for the nearly two years since Musk spoke of the need to expand Tesla's production netw

Following Tesla CEO Elon Musk’s recent meeting with Prime Minister Narendra Modi, Tesla has reportedly begun producing vehicles that it intends to import to the India market, while also scouting for potential locations to set-up a factory,

Tesla tried to enter India before too. However, the company pulled back from it over issues like high tariff rates. Its plans advanced quickly after Prime Minister Narendra Modi met with Chief Executive Officer Elon Musk last week in Washington,