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News Flash

Draft Reserve Bank of India (NBFC – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026

On 10 February 2026, the RBI issued Draft Amendment Directions to the 2025 framework for NBFCs, set to take effect on 1 April 2026 once finalized. Our News Flash summarizes the highlights of the draft.

Foreign Exchange Management (Export & Import of Goods & Services) Regulations 2026

Reserve Bank of India through its notification dated 13 January 2026, has issued the Foreign Exchange Management (Export & Import of Goods & Services) Regulations, 2026, superseding previous regulations.  Our News Flash summarizes the key provisions and provides an in-depth comparison of these regulations with the earlier ones.

Union Budget 2026 | Regulatory Reforms

The Hon’ble Finance Minister of India presented the Union Budget 2026 where some key regulatory reforms were announced.  Our News Alert summarizes the key reforms for you. Do reach out to us if you have any questions.

Foreign Exchange Management (Guarantees) Regulations, 2026

The Reserve Bank of India through its notification dated 6 January 2026, has issued the Foreign Exchange Management (Guarantees) Regulations, 2026 (“FEMA 8(R)”, thereby superseding the previous regulations.  This News Flash summarises the key aspects of these regulations.

 

Regulatory Prism | January 2026 | Outbound investments from India

We are pleased to introduce the first edition of Regulatory Prism, a newsletter that articulates our perspectives on key regulatory subjects. In this inaugural edition, we examine outbound investments from India, highlighting recent trends and certain practical challenges which, if addressed, could make this investment route significantly more attractive for investors.

Happy reading!

Maharashtra Industries, Investment and Services Policy 2025

The Maharashtra Industries, Investment and Services Policy, 2025 has set a bold vision to transform Maharashtra into a global business destination, driving sustainable growth through massive investments, world-class infrastructure, and inclusive opportunities for industries and services. Our News Flash highlights the key features of this policy.

 

Companies (Appointment and Qualification of Directors) Amendment Rules, 2025 | Revised KYC process for Directors

On 31 December 2025, the Ministry of Corporate Affairs promulgated the Amendment Rules revising compliance obligations for Directors holding a valid DIN, which shall take effect from 31 March 2026.  Our News Flash summarizes the amendments Companies Act for you.

Highlights of the Draft Foreign Exchange Management (Establishment in India of a Branch or Office) Regulations, 2025

On 3 October 2025, the Reserve Bank of India (“RBI”) issued the draft regulations which aim to replace the existing regulations governing establishment of offices in India by foreign entities i.e., the Foreign Exchange Management (Establishment in India of a Branch or a Liaison Office or a Project Office or any other place of business) Regulations, 2016 (“FEMA 22(R)/ 2016”).

Some of the key features of the draft regulations have been highlighted in our News Alert.

Highlights of the Draft Foreign Exchange Management (Borrowing and Lending) (Fourth Amendment) Regulations, 2025

On 3 October 2025, the Reserve Bank of India (“RBI”) issued the Draft Amendment Regulations making certain amendments to the existing regulations i.e., the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 (“FEMA 3(R)/ 2018-RB”).  

Some of the key features of the draft regulations have been highlighted in our News Alert.

 

Highlights | Master Direction on Regulation of Payment Aggregator

On 15 September 2025, the Reserve Bank of India (“RBI”) has issued New Master Direction on Regulation of Payment Aggregators (“PA”). Some of the key take aways are provided in this News Flash.

 

 

 

 

The Promotion and Regulation of Online Gaming Act, 2025

The Central Government enacted the Promotion and Regulation of Online Gaming Act, 2025, which received Presidential assent on August 22, 2025.  This development shall pose challenges before several stake holders be it the online gaming platforms that already exist, their investors, employees, developers or the State Governments that permit games of skill.

Production Linked Incentive Scheme For Advanced Automotive Technology Products Manufacturing In India

Production Linked Incentive Scheme For Advanced Automotive Technology Products Manufacturing In India

Automotive Technology products and attract investments in automotive manufacturing value chain, the Government of India (‘GoI’) has approved the PLI Scheme for automobile and auto component industry…

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