AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI is set to conduct an auction of Treasury Bills amounting to ₹18,000 crore on May 20, 2026. This auction includes 91-day, 182-day, and 364-day bills, marking an important liquidity management tool for the government.
The Government of India has notified the redemption price for premature redemption of the 2020-21 Series-VIII Sovereign Gold Bond, applicable on May 18, 2026. This applies to bonds redeemed five years post-issue.
On May 18, 2026, the RBI conducted a successful 7-day Variable Rate Repo (VRR) auction, allotting ₹16,005 crore at a cut-off rate of 5.26%. Total bids received were ₹16,005 crore, indicating full participation at the set cut-off rate.
This weekly round-up provides an analytical summary of significant cases reported from the Supreme Court and High Courts in India, covering various legal issues.
The Calcutta High Court dismissed an eviction appeal, ruling that khajna receipts and municipal tax records are sufficient to establish better title to land. This decision emphasizes the reliance on such records in property disputes.
The Income Tax Appellate Tribunal (ITAT) has issued critical rulings from 9 to 16 May 2026, including significant interpretations of tax provisions. Key takeaways include rulings on depreciation of goodwill and the application of Section 45(5A).
The RBI has issued new directions concerning the disbursement of government pensions through agency banks. This framework aims to streamline pension payments and outlines the responsibilities of agency banks in implementing these directives.
The Reserve Bank of India has issued new directions regarding the conduct of government business by agency banks. These guidelines detail the payment of agency commission and the oversight responsibilities of agency banks in managing these transactions.
The RBI has announced auctions for various treasury bills, crucial for government financing and liquidity management.
The RBI has published the monthly data on India’s international trade in services for March 2026, outlining significant receipts and payments.
The RBI has released data regarding lending and deposit rates for scheduled commercial banks for April 2026, showing marginal changes in rates.
The RBI has announced an auction for state government securities, aiming to raise ₹18,600 Crore across multiple states.
The Reserve Bank of India has released its weekly statistical bulletin detailing liabilities and assets as of April 2026. The bulletin provides insights into the financial status of the central bank during this period.