AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Several state governments, including Assam and Bihar, are auctioning state development loans worth ₹31,200 crore. Auctions to be conducted via RBI’s e-Kuber platform using yield and price methods.
RBI will conduct a 3-day Variable Rate Reverse Repo (VRRR) auction on October 12, 2026, for ₹2 lakh crore to absorb surplus liquidity. The auction window opens at 9:30 AM for one hour.
Guide to Overseas Direct Investment (ODI) in UAE under FEMA, covering LRS limits, 400% financial commitment rule, UIN, and exit compliance.
Comprehensive overview of FDI compliance under FEMA, covering entry routes, valuation, reporting (FC-GPR, FLA), LLP rules, and downstream investment obligations.
The 57th GST Council decided to auto-approve routine registration changes like trade name, partner names, and additional business places.
The RBI conducted a 10-day Variable Rate Reverse Repo (VRRR) auction on October 9, 2026, and announced a second 3-day VRRR auction the same day, both under the Liquidity Adjustment Facility. The 10-day auction accepted ₹18,170 crore at a cut-off rate of 5.49%.
Analysts examine conflicting approaches of the Calcutta and Delhi High Courts on whether non-use cancellation proceedings under Section 47 of the Trade Marks Act can trigger an automatic stay under Section 124. The divergence highlights uncertainty in procedural interplay between infringement and rectification actions.
RBI deletes Paragraph 38 on option premium deferment from commercial banks’ foreign exchange guidelines, effective 1 April 2027.
The RBI issued the Amendment Directions, 2026, revising provisions on deferment of option premium under the Commercial Banks (Miscellaneous) Directions, 2025.
RBI’s Treasury Bill auction on October 8, 2026, saw robust participation across tenors. 91-day, 182-day, and 364-day T-bills were fully subscribed, with competitive bids exceeding notified amounts.
RBI conducted a 29-day VRRR auction on October 8, 2026, with a notified amount of ₹2 lakh crore. Total bids received amounted to ₹79,655 crore, all accepted at a uniform cut-off rate of 5.49%, indicating insufficient demand.
The Reserve Bank of India conducted a 1-day Variable Rate Reverse Repo (VRRR) auction for ₹2 lakh crore on October 8, 2026, from 11:00 AM to 11:30 AM under the Liquidity Adjustment Facility. The auction was fully accepted, with reversal scheduled for October 9, 2026.
SEBI grants conditional exemption to certain listed entities from mandatory appointment of a merchant banker for private placement of debt securities.