AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
RBI released the indicative market borrowing calendar for State Governments and UTs for October–December 2026 under the Benchmark Issuance Strategy (BIS) pilot.
State governments including Andhra Pradesh will auction ₹25,100 crore of securities via re-issuance and price-based auctions, managed by RBI.
The semi-annual interest rate on the Government of India Floating Rate Bond 2028 (FRB 2028) has been fixed at 6.45% p.a. for the period October 4, 2026, to April 3, 2027.
RBI will auction 91-day, 182-day, and 364-day Treasury Bills on October 7, 2026, with ₹8,000 crore each for 91-day and 182-day bills. The settlement date is October 8, 2026.
RBI will conduct a Variable Rate Reverse Repo (VRRR) auction of ₹2 lakh crore on October 5, 2026, to manage liquidity. The 1-day auction will be held from 9:30 AM to 10:00 AM with reversal on October 6.
The IPO's Draft Guidelines for Examination of Pharmaceutical Patent Applications (2026) face criticism for misquoting statutes and introducing inconsistent standards, prompting calls for comprehensive revision before finalisation.
A third-year student at HPNLU Shimla is undergoing treatment after a suicide attempt; alleges false ragging complaint and university inaction in video note.
Justice Vinod Diwakar of the Allahabad High Court observed that full court meetings are often stage-managed like political confidence motions, with only 16 such meetings held in the past decade, raising concerns about judicial independence.
India’s services exports in August 2026 amounted to $37.5 billion, with imports at $20.3 billion. The trade surplus in services remained robust, supporting the current account.
The RBI conducted an Additional Competitive Underwriting (ACU) auction on October 1, 2026, setting cut-off rates for underwriting commissions on government securities. Details on specific rates and allocations were withheld in the release.
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks stood at 8.61% in August 2026, up slightly from 8.52% the previous month. The WALR on outstanding loans declined marginally to 8.96%.
The Reserve Bank of India conducted a 4-day Variable Rate Reverse Repo (VRRR) auction on October 1, 2026, with a notified amount of ₹2,00,000 crore. The auction was fully subscribed, with ₹1,68,055 crore accepted at a uniform cut-off rate of 5.24%.
CBIC notifies Special Notified Zone at Surat Diamond Bourse for rough diamond trade activities.