AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The NCLAT has mandated Modi Lifecare to pay ₹63 lakh in admitted liability, clarifying that invoices are not essential under the Technical Guidance Agreement for proving operational debt.
The Indian government has approved ₹996 crore for the extension of the Investment Promotion Scheme until financial year 2030–31. This initiative aims to bolster the investment environment by targeting investors and enhancing outreach.
The Reserve Bank of India has released the data on India’s international trade in services for March 2026, showing trends in service exports and imports during the month.
India has levied an anti-dumping duty on Monoisopropylamine imports from China following evidence of price undercutting. This measure aims to bolster local manufacturing.
The Ministry of Finance has extended the anti-dumping duty implementation until November 2026 via new customs notification, reinforcing protective measures for domestic industries.
The RBI has revised Investment Fluctuation Reserve norms for Urban Co-operative Banks, allowing drawdown of excess IFR balances beyond mandatory thresholds.
The RBI has revised Investment Fluctuation Reserve norms for Payments Banks to address operational challenges, linking reserves to investment portfolio exposure.
RBI has amended Investment Fluctuation Reserve norms for Small Finance Banks to address operational difficulties and prescribe a minimum reserve linked to exposure.
RBI’s new framework exempts certain Type I NBFCs from mandatory registration, reducing compliance burdens for private investment vehicles.
The RBI has released draft amendments for capital adequacy disclosures under Basel norms, focusing on transparency and improved risk reporting standards.
The RBI has standardized the 90-day NPA classification for all NBFC categories and detailed provisioning requirements effective from 31 March 2026.
The Reserve Bank of India has announced an auction for 91-Day, 182-Day, and 364-Day Treasury Bills totaling ₹18,000 crore, set for May 27, 2026.
The Reserve Bank of India has released its May 2026 Bulletin detailing the state of the domestic economy, indicating resilience in various sectors amidst global uncertainties.