Policy & Regulation
Recent stories on government policy, rules and regulators.
- SEBI issues regulatory frameworks for depository receipts on InvIT and REIT unitsThe Securities and Exchange Board of India (SEBI) has released formal frameworks governing the issuance of depository receipts for units of Infrastructure Investment Trusts…
- ETGovernment reports: India forms high-level committee to review banking sector reformsThe Indian government has established a high-level committee with a six-month mandate to evaluate the national banking sector. The group will analyze capital requirements,…
- CBIC reportedly mandates immediate halt to GST arrests pending legal reformsThe Central Board of Indirect Taxes and Customs has reportedly directed an immediate stop to arrests under the Goods and Services Tax regime. According to an October 30, 2026,…
- The Guardian reports: FTC probes algorithmic pricing and loyalty programs at nine firmsThe Federal Trade Commission has ordered Delta, United, JetBlue, Lyft, Uber, DoorDash, Instacart, Walmart, and Target to disclose how they use algorithms and loyalty programs.…
- ET Government reports: India and EU in talks on investment protection agreementIndia and the European Union are negotiating a bilateral investment protection agreement to bolster economic ties, according to Commerce Minister Piyush Goyal. Additionally, the…
- ET Government reports: India's Defence Acquisition Council approves ₹2.12 lakh crore in proposalsIndia's Defence Acquisition Council (DAC) approved procurement proposals worth ₹2.12 lakh crore. The package includes high-mobility vehicles, artillery systems, drones, air…
- Indian Express reports government considering reduction of 12.5% capital gains taxThe Indian government is reportedly weighing a reduction to the current 12.5% capital gains tax. According to an October 26, 2026, report from The Indian Express, officials are…
- Prime Minister Modi inaugurates new RBI data centre and cybersecurity institute in OdishaPrime Minister Narendra Modi inaugurated the Reserve Bank of India’s new Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. The ceremony was attended by…
- ET Government reports: India's finance committee to examine 46 economic subjects in FY27Parliament's Standing Committee on Finance has selected 46 economic topics for review this fiscal year. The agenda includes an examination of artificial intelligence in finance,…
- The Guardian reports: India caps prices on 137 cancer drugs following court rulingFollowing a 2022 legal challenge by a patient unable to afford treatment, the Indian government will implement price caps on 137 cancer drugs starting next month. The move…
- CBIC to begin phased rollout of GST process and structural reforms November 1The Central Board of Indirect Taxes and Customs will begin a phased implementation of reforms resulting from the 57th GST Council meeting. Sanjay Mangal, Member (GST), confirmed…
- RBI Issues Final Guidelines for Basel Committee Leverage Ratio 2017 StandardThe Reserve Bank of India has published the final 'Commercial Banks - Prudential Norms on Capital Adequacy (Eleventh Amendment) Directions, 2026.' This follows an August 2026…
- ET Government reports: Finance Ministry to invite GST return form feedback from November 1The Finance Ministry is opening a public consultation period from November 1 to November 30 to seek business feedback on proposed amendments to GST return forms. The initiative…
- ET Government reports: India notifies Telecommunications Regulatory Sandbox Rules 2026The Indian government has officially notified the Telecommunications (Regulatory Sandbox) Rules, 2026. The framework enables startups, researchers, and companies to test…
- RBI raises repo rate by 25 bps, shifts to calibrated tightening stanceThe Reserve Bank of India’s Monetary Policy Committee unanimously voted to increase the policy repo rate by 25 basis points to 5.50%. The standing deposit facility rate is now…
- New Mexico court orders Meta to pay $25 billion over privacy practicesA New Mexico court has ordered Meta to pay $25 billion, finding the company deceived users regarding data privacy on Facebook. The ruling penalizes the platform for what the…
- RBI asks banks for detailed checks on large overseas investments, ET reportsETGovernment reports that the RBI gave leading banks a standardised checklist last week for reviewing large overseas direct investments. The report refers to ODIs above $1…
- ET Government reports: India cuts sheep meat import duties ahead of New Zealand FTAIndia has notified the first customs duty reductions under its forthcoming Free Trade Agreement with New Zealand, effective October 20. Under the new terms, specified fresh,…
- ET Government reports: India likely to finalize critical minerals stockpiling policy within one monthAccording to Mines Secretary Keshav Chandra, India expects to finalize a new critical minerals stockpiling policy within the next month. Simultaneously, the government is…
- ET Government reports India to grant contract manufacturing export status under GST overhaulIndia announced a GST reform package scheduled for implementation on April 1, 2027. The changes grant export status to contract manufacturing and introduce accelerated refund…
- ET Government reports GST Council raises prosecution threshold to 5 crore rupeesAt its 2026 meeting, the GST Council raised the prosecution threshold to ₹5 crore and eliminated tax officers' powers of arrest. The Council also finalized new regulations for…
- BBC reports: White House blocks Microsoft from international visa programThe White House has reportedly barred Microsoft from a government-backed visa program previously used by the firm to hire foreign workers. According to the BBC, this restriction…
- ETGovernment reports: India steel ministry holds steady on import duties despite volume surgeThe Indian steel ministry does not plan to increase its 11.5% safeguard duty in the near term, according to ETGovernment. This stance is maintained despite a 29.5% surge in…
- ETGovernment reports: Indian Navy awards ₹661.5 crore BrahMos contractThe Indian Navy has awarded a ₹661.5-crore contract for BrahMos missile systems. According to ETGovernment, the deal prioritizes domestic defense manufacturing, with 68% of the…
- Recap from 4 October: Shah says criminal cases could finish within three years after full implementation of new lawsThe Hindu reports that Amit Shah said the process from FIR to Supreme Court disposal would take three years after full implementation of the new criminal laws. This is his stated…
- Shah says criminal cases could finish within three years after full implementation of new lawsThe Hindu reports that Amit Shah said the process from FIR to Supreme Court disposal would take three years after full implementation of the new criminal laws. This is his stated…
- UAE prosecutors classify Flydubai cockpit axe attack as attempted terrorismUAE prosecutors classified a Flydubai co-pilot's in-flight axe attack on the captain as an attempted act of terrorism. The Omani co-pilot, previously flagged for extreme views,…
- US Treasury says over 60 million more children have Trump Accounts ready to claimOn October 1, Treasury announced completion of automatic enrollment for Trump Accounts. It said over 60 million more eligible children have accounts ready to be claimed. A parent…
- ET Government reports: RBI directs banks to analyze root causes of repeat customer complaintsThe Reserve Bank of India has asked banks to identify systemic, process, and operational gaps behind recurring customer complaints. Lenders must conduct root-cause analysis to…
- RBI finalizes simplified approval rules for institutional bank shareholdingThe Reserve Bank of India issued final rules, effective immediately, simplifying the approval process for mutual funds, insurance companies, and pension funds making subsequent…
- ETGovernment reports: India replaces 1891 law to give digital and cloud banking records legal standingIndia has updated its banking evidence framework, replacing an 1891 law to grant electronic and cloud-based records explicit legal standing. Under the new rules, financial…
- aninews.in reports: India cuts export duties on diesel and aviation fuel effective Oct. 1India's Ministry of Finance reduced export duties on diesel to ₹16 per litre and aviation turbine fuel to ₹10.5 per litre, effective Oct. 1. The changes were implemented…
- Federal Reserve finalizes rules to increase stress test transparency and curb capital volatilityThe Federal Reserve Board has finalized changes to its bank stress testing framework to enhance public accountability and reduce volatility in stress test-related capital…
- UK Prime Minister Burnham vows to end pension triple lock in 2030 to help fund careDuring a party conference speech outlining a long-term plan for the UK, Prime Minister Burnham pledged to end the state pension triple lock in 2030, stating the change would help…
- India approves crop support price hikes of up to 10.3% for 2027-28 Rabi seasonIndia's Union Cabinet approved Minimum Support Price increases of up to 10.3% across mandated Rabi crops for the 2027-28 season. Wheat support prices rose by ₹25 to ₹2,610 per…
- White House directs agencies to use 'Super Intelligence' term, signs AI accordUS President Donald Trump signed an executive order instructing federal agencies to adopt the term "Super Intelligence" instead of "Artificial Intelligence." Alongside the…
- BBC reports Trump rules out joint US-China AI ventureUS President Donald Trump has ruled out forming a joint artificial intelligence development venture between the United States and China. Trump also continues to push back against…
- ET Government reports: US waives 100% tariffs on specialty drugs for 20 jurisdictionsThe United States has announced zero import duties on select specialty medicines and components across 20 jurisdictions, including India. The decision waives a 100% tariff on…
- SEBI finds Vinod Adani control allegations unproven; group companies settle separate proceedingsSEBI said allegations that Vinod Adani controlled investment decisions of certain offshore funds were not established. Separately, four Adani companies and 14 individuals,…
- The Hindu reports: Indian Supreme Court questions minor social media accounts over void contractsAn Indian Supreme Court bench led by the Chief Justice noted that social media user agreements signed by minors are legally void under Indian contract law. Highlighting questions…
- NITI Aayog to review India's RoSCTL and RoDTEP export support schemesNITI Aayog is initiating an evaluation of two major Indian export tax relief programs: the Rebate of State and Central Taxes and Levies (RoSCTL), introduced in 2019, and the…
- ET Government reports: RBI reduces export repatriation timeline to nine monthsThe Reserve Bank of India has reversed a policy that allowed exporters 15 months to repatriate overseas earnings, restoring a tighter nine-month deadline. The central bank also…
- US backs Elon Musk's legal bid to overturn €120m EU fine on XThe United States has backed Elon Musk in his legal challenge to overturn a €120 million fine imposed by the European Union against X. The EU issued the penalty after concluding…
- ETGovernment reports: India's power ministry submits draft National Electricity Policy 2026 to Union CabinetIndia's Power Ministry Secretary Pankaj Agarwal confirmed that the draft National Electricity Policy 2026 has been forwarded to the Union Cabinet for inter-ministerial…
- Federal Reserve requests public comment on payment stablecoin regulatory frameworkThe Federal Reserve Board requested public comment on two proposals to establish a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act. The…
- thestatesman.com reports: Supreme Court splits on Election Commission law, refers case to Constitution BenchThe Supreme Court delivered a split verdict on legal petitions challenging the 2023 Election Commission appointment law, referring the case to a Constitution Bench. Justice…
- India and Canada target year-end trade deal ahead of PM Modi's planned December visitCanadian Prime Minister Mark Carney announced that Indian Prime Minister Narendra Modi is expected to visit Canada in December, as both countries aim to finalize a trade deal by…
- BBC reports: US criticizes Australia's proposed tech algorithm opt-out lawsThe US government has criticized proposed draft legislation in Australia requiring technology companies to allow users to switch off recommendation algorithms. Tech firms would…
- Trump says he would back a ban on US diesel exportsDonald Trump stated he would back a ban on US diesel exports. The proposal follows pressure from Republican lawmakers on the president to curb foreign fuel shipments after…
- Ireland's data watchdog fines Google €403 million after six-year GDPR inquiryIreland's data watchdog has fined Google €403 million for violating the General Data Protection Regulation (GDPR). The penalty concludes a regulatory inquiry launched six years…
- RBI issues final directions for commercial bank market risk capital requirements under Basel IIIThe Reserve Bank of India issued the final Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026, finalizing draft guidelines…
- The Hindu reports: India's Supreme Court mandates immediate release for detainees denied written arrest groundsIndia's Supreme Court ruled that detained individuals must be released immediately if authorities fail to provide written grounds for arrest or deny legal counsel under Article…
- Trump signs Russia-Iran sanctions law allowing up to 100% tariffs on energy buyersUS President Donald Trump signed the Sanctioning Russia and Iran Act of 2026 into law. Named after the late Senator Lindsey Graham, a staunch advocate of aid for Ukraine, the…
- US House advances bill threatening up to 100% tariffs on Russian oil buyersThe US House of Representatives voted to advance a sanctions bill threatening tariffs of up to 100% on buyers of Russian crude oil. India's Ministry of External Affairs said the…
- m.economictimes.com reports: Supreme Court to hear appeal on tax reassessment ruleThe Supreme Court of India agreed to hear an urgent appeal by the Union Government after the Punjab and Haryana High Court struck down Section 147A of the income tax rules. The…
- EU plans to restrict social media account creation for under-15sThe European Union has announced plans to restrict social media access for children under 15, allowing only those over 15 to set up independent accounts. Specific details…
- Six Yamuna basin states sign agreement resolving eight-year dispute over Kishau projectSix Yamuna basin states have signed an agreement resolving an eight-year dispute over the 422-MW Kishau Multipurpose Project. Signed under Union Home Minister Amit Shah and Jal…
- European Commission submits India-EU trade agreement to European Council for approvalThe European Commission submitted proposals to the European Council to approve the India-EU Free Trade Agreement, targeting a formal signature by late 2026. The proposed terms…
- US banking regulators propose guidance to streamline risk rules for bank-fintech partnershipsThe Federal Reserve, FDIC, OCC, and NCUA are seeking public comment on proposed third-party risk management guidance. The agencies also issued a joint statement on community bank…
- RBI proposes draft guidelines for temporary debit holds on suspected money-mule accountsThe Reserve Bank of India issued draft Know Your Customer amendment directions proposing a standard operating procedure for banks to place temporary debit holds on accounts…
- business-standard.com reports: Maharashtra prepares DELTA Act framework to legalise real estate tokenisationThe Maharashtra government has prepared a legal framework under the proposed DELTA Act to legalise blockchain-based tokenisation of immovable real estate. The legislation creates…
- home.treasury.gov reports: US FinCEN identifies $17.5 billion in suspicious activity tied to healthcare fraudThe U.S. Treasury’s Financial Crimes Enforcement Network identified $17.5 billion in suspicious financial activity linked to healthcare fraud. The disclosure highlighted systemic…
- Australia proposes rules allowing users to turn off social media algorithmsAustralia has proposed legislation requiring major internet platforms to let users turn off algorithmic feeds. According to an Australian minister, companies including Meta,…