FEMA adjudicating authority imposes ₹184 crore penalty on NewsClick, founder Prabir Purkayastha

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<!–[if IE 9]><![endif]–>“Prabir Purkayastha, the director of the NewsClick company, was found to be in charge of and responsible for the conduct of business at the relevant time and was therefore held liable under Section 42 of FEMA,” said the ED. File

“Prabir Purkayastha, the director of the NewsClick company, was found to be in charge of and responsible for the conduct of business at the relevant time and was therefore held liable under Section 42 of FEMA,” said the ED. File

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The adjudicating authority under the Foreign Exchange Management Act (FEMA) has passed an order imposing a penalty of ₹184 crore in the case of PPK Newsclick Studio Private Limited, the Enforcement Directorate said on Monday (February 16, 2026).

The company owns NewsClick, a digital news platform, which was founded by its editor-in-chief Prabir Purkayastha.

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