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Top headlines: Feb fuel demand hits 24-yr high, NPOs face PMLA regulations

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BS Web Team New Delhi
Politically exposed persons, NPOs face tighter PMLA regulations

Tightening its oversight of non-profit organisations (NPOs) and politically exposed persons (PEPs), the government has lowered the threshold for reporting “beneficial ownership” in an entity to 10 per cent from 25 per cent under anti-money laundering laws. Read more

India's February fuel demand hit at least 24-year high, shows data

India's fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil. Read more

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