AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has reiterated the compliance requirements for software and ITES exporters regarding the annual survey based on the previous financial year.
The RBI has clarified the reporting requirements for Portfolio Investment Positions, enhancing the accuracy and consistency of cross-border investment data.
FEMA mandates strict compliance for companies receiving foreign investments, including reporting and approval requirements, to avoid penalties and regulatory action.
The Institute of Chartered Accountants of India has announced a call for applications for faculty empanelment for live virtual classes. Eligible applicants must apply by June 24, 2026, indicating a push toward quality education delivery in chartered accountancy.
The Ministry has expanded the Board of Trade, adding 40 non-official members to enhance India's export competitiveness and trade policy. This reconstitution aims to bolster state-level participation and infrastructure development in foreign trade.
The NCLT Delhi has rejected an insolvency plea by Jiostar India, clarifying that unexecuted agreements do not constitute operational debt under section 9 of the IBC. The dismissal allows for recovery through other legal means.
The RBI has updated the financial statements directions for commercial banks to enhance compliance through improved presentation and disclosure standards.
The RBI has introduced amendments to the financial statements directions for local area banks, enhancing clarity for financial disclosures and presentations.
The RBI has announced updates related to the implementation of UAPA regarding changes to the UNSC sanctions list, impacting compliance protocols for financial institutions.
The RBI has announced the formation of a new district in Assam and the assignment of lead bank responsibilities, reflecting administrative changes in the region.
The RBI has issued new guidelines for Authorized Dealer Category-I banks regarding the submission of returns on the Centralized Information Management System (CIMS), aiming to improve data management and oversight.
The Reserve Bank of India has published its weekly statistical supplement, providing critical insights into the liabilities and assets of the banking system. This is vital for economic analysis.
The interest rate for the Government of India Floating Rate Bond 2031 has been set at 6.64% per annum for the upcoming half-year. This is based on the average yield of prior T-Bill auctions.