The Enforcement Directorate on Monday said it has imposed a Rs 184 crore penalty under the Foreign Exchange Management Act (FEMA) on news portal NewsClick and its editor-in-chief, Prabir Purkayastha, officials said. According to the order, the company that owns the portal–PPK NEWSCLICK Studio Private Limited–has been fined Rs 120 crore, while Purkayastha has been penalised Rs 64 crore for alleged FEMA violations.
