Saturday, February 5, 2022

Government says has received complaints against online firms alleging FDI policy violation

Any violation of FDI regulations are covered by the penal provisions of the FEMA (Foreign Exchange Management Act). The Reserve Bank of India (RBI) administers the FEMA, while the Directorate of Enforcement (ED) under the Ministry of Finance is the authority for the enforcement of the Act. https://ift.tt/xUcol7A

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Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June (Lauren McCarthy/New York Times)

Lauren McCarthy / New York Times : Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on...