Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Preliminary balance of payments data for August 2026 shows a current account deficit of $5.2 billion, narrowing from $6.1 billion in August 2025, driven by export performance and remittance inflows.
RBI mandates specific risk management protocols for Authorised Dealer banks operating IFSC Banking Units in inter-bank foreign exchange transactions.
Net claims of non-residents on India increased by US$16.5 billion to US$220.3 billion by end-June 2026, driven by a rise in external liabilities and a dip in foreign-owned assets abroad.
India’s external debt stood at US$778.2 billion by end-June 2026, up US$15.4 billion from March 2026. The external debt to GDP ratio declined to 20.8%, indicating improved sustainability despite rising liabilities.
Exim Bank has inked a ₹4,850 crore Line of Credit (LOC) agreement with the Maldives government, backed by the Government of India, for key development projects, marking a strategic foreign economic initiative.
The RBI has issued amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, streamlining compliance for forex transactions and updating procedural requirements under FEMA, 1999.
Export-Import Bank of India (Exim Bank) has formalized a ₹4,850 crore Line of Credit (LOC) to the Government of Maldives, supported by the Government of India, to finance developmental infrastructure projects.
Exim Bank signs GOI-supported $4,850 crore line of credit with Maldives for development projects, notified by RBI to authorised dealer banks.
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.
Exim Bank has finalised a ₹4,850 crore Line of Credit to the Maldives government for developmental projects, supported by the Government of India.
RBI mandates exporters to file Electronic Declaration Forms (EDF) with designated banks from October 1, 2026, digitizing export documentation and enhancing data tracking.