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.

The Enforcement Directorate (ED) has fined British broadcaster BBC $3,97,980 or Rs 3.44 crore for penalties. The fine comes in light of alleged foreign exchange violations.A Brief HistoryThe ED has be

The Enforcement Directorate (ED) has imposed a penalty on British Broadcasting Corporation (BBC) India for allegedly violating India's foreign funding regulations under the Foreign Exchange Management Act (FEMA),