AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has commenced its annual survey on computer software and IT services exports for 2025-26, aiming to gather critical data on the sector's performance. This survey will support the compilation of India's external sector statistics.
The Reserve Bank of India has initiated its annual survey to gather data on the foreign liabilities and assets of mutual funds for the financial year 2025-26. This data collection will aid in India’s external sector statistics compilation.
On 22 May 2026, the Delhi High Court ruled that Google infringes the HINDWARE trademark by allowing competitors to bid on it as a keyword. This decision highlights the legal interpretation of 'use' of a trademark in the digital advertising context.
The Delhi HC ruled that a company's ₹86 lakh ITeS turnover cannot be compared with American Express's ₹782 crore turnover for transfer pricing analysis due to the significant scale differences. This ruling impacts how companies approach transfer pricing assessments in India.
The ITAT ruled that reassessment proceedings through Section 148 of the Income Tax Act issued by the Jurisdictional Assessing Officer (JAO) necessitate remand for fresh adjudication. This decision highlights the procedural importance of adherence to established protocols in tax assessments.
The Reserve Bank of India has amended its guidelines on Responsible Business Conduct for Regional Rural Banks to enhance accountability and ethical operations.
The Reserve Bank of India has introduced second amendment directions aimed at strengthening credit risk management in Non-Banking Financial Companies (NBFCs).
The Reserve Bank of India has issued updates to the directions concerning the resolution of stressed assets for All India Financial Institutions, promoting financial stability in the sector.
The Reserve Bank of India has released second amendment directions aimed at improving credit risk management in Regional Rural Banks, enhancing overall financial resilience.
The Reserve Bank of India has amended its directives governing income recognition, asset classification, and provisioning in a bid to bolster the financial health of All India Financial Institutions.
The Reserve Bank of India has issued amendments to the Credit Risk Management directives applicable to All India Financial Institutions, aimed at enhancing their ability to manage financial stress effectively.
The Reserve Bank of India has introduced new directions governing the conduct of government business by Agency Banks, focusing on payment of agency commissions and oversight mechanisms. This aims to enhance transparency and efficiency in financial operations.
The Delhi High Court's recent ruling in favor of Anil Kumar Tiwari reveals the complexities surrounding personality rights jurisdiction in India, especially regarding social commentary and meme culture interactions.