On July 21, 2026, the Reserve Bank of India (“RBI”) released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026 (“Draft Rules”) for public comments.[1] Once finalised, these Draft Rules will replace the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (“NDI Rules”). The review stems from the Union Budget 2026-27, which called for a comprehensive rework of the NDI Rules to make India’s foreign investment framework simpler. A committee was subs

Deepfakes – AI-generated synthetic media that realistically mimics a person’s face, voice, or likeness – are no longer just cybersecurity or social media concern; they have become a legal and business risk. Such content is increasingly being used to create fake endorsements, clone voices, manipulate videos and misuse an individual's identity. Recognising these risks, the government has amended the Information Technology (Intermediary Guidelines and Digital Media Ethics Code)

When a sexual harassment complaint is made against a CEO, director, managing trustee, principal or another senior functionary, a common question arises: Should the complaint be investigated by the Internal Committee (“IC”), or does it automatically fall within the jurisdiction of the Local Committee (“LC”) because the respondent heads the organisation? The Kerala High Court, in the case of Prof. (Dr.) J. Sundaresan Pillai v. Dr. K.K. Seethalakshmi, has clarified that design

On 29 May 2026, the Reserve Bank of India ("RBI") notified the Foreign Exchange Management (Cross Border Merger) (Amendment) Regulations, 2026 ("Amendment Regulations"), which came into force on 5 June 2026. The Amendment Regulations amend the Foreign Exchange Management (Cross Border Merger) Regulations, 2018 ("Cross Border Merger Regulations"), issued under the Foreign Exchange Management Act, 1999 ("FEMA"), to align India's foreign exchange framework with the corporate res

On 4 February 2026, the Ministry of Commerce and Industry notified the revised startup framework through G.S.R. 108 (E)[1] (“2026 Notification”), marking an important development in India’s startup regulatory landscape. The 2026 Notification updates the recognition architecture that had been previously been governed under G.S.R. 127 (E)[2], dated 19 February 2019 (“2019 Framework”). The 2019 Framework was designed for a startup ecosystem that was still relatively early in i