AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
RBI’s 2025 FEMA amendments allow exporters to hold overseas foreign currency accounts with strict reporting and repatriation obligations.
RBI revises valuation norms for InvIT and REIT units held by AIFIs, Small Finance Banks, and Payments Banks to enhance transparency in asset pricing.
SAFEMA Tribunal upholds NDPS property freeze, ruling bank statements and loan documents insufficient to prove lawful source of funds without full transactional trail.
Karnataka High Court quashed a FEMA NOC rejection for an overseas investment, holding that the denial must be grounded in reasoned nexus to investigation, not mere pendency.
The RBI has introduced amended Export-Import Regulations under FEMA, effective 1 October 2026, streamlining timelines, EDPMS compliance, and AD bank obligations for exporters and importers.
The Election Commission of India (ECI) informed the Supreme Court that over 37 lakh appeals from West Bengal's SIR process remain pending, while opposing TMC's plea for re-polls in 31 constituencies. The Commission argued that the revision did not materially affect electoral outcomes.
RBI amends investment portfolio norms for All India Financial Institutions, specifying classification and valuation standards to ensure uniformity and prudential oversight.
Exim Bank, supported by the Government of India, has extended a ₹4,850 crore line of credit to the Maldives for financing developmental projects.
The Reserve Bank of India has issued the Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026, updating compliance and procedural norms for foreign trade under FEMA, 1999.
RBI releases indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, for H2 FY2026-27.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for H2 of FY2026-27, with market loans to be triggered at 75% utilization.
The Reserve Bank of India released its September 2026 Bulletin, featuring economic assessments, including analysis of private corporate investment growth in 2025-26 and outlook for 2026-27, amid renewed geopolitical tensions in West Asia affecting global economic conditions.
The Madras High Court in TCRC v. Ganga Rudraiah examined Section 17(b) of the Copyright Act, highlighting issues of consideration and acquiescence in determining ownership of photographs from the film 'Aval Appadithan'.