India Briefing News

New FEMA Guarantees Framework: From Approval-Centric Controls to a Principle-Led Regime

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The RBI has replaced the Foreign Exchange Management (Guarantees) Regulations, 2000, with the 2026 Regulations, introducing a principle-based, eligibility-driven framework under FEMA while retaining the underlying statutory prohibition structure.

India’s Orange Economy: Creative Industries Outlook After Budget 2026

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As of 2026, India’s orange economy is emerging as a high-growth services opportunity, spanning media, live concerts, AVGC, and creative industries, supported by policy reform.

India’s Antitrust Regulator CCI Fines Intel US$3.01 Million for Abuse of Dominant Position

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Antitrust regulator CCI has imposed a US$3.01 million fine on Intel Corporation for an India-specific warranty policy deemed discriminatory and restrictive of parallel imports. The ruling clarifies how dominance is assessed under Indian competition law and highlights key compliance risks global companies.

Deepfake, Content Labeling & Safe Harbor Risks for Global Platforms: India’s 2026 AI Regulation

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India’s latest updates to the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, tighten artificial intelligence (AI) and deepfake regulation with mandatory labeling and 2-3 hour takedowns, putting safe harbor protection at risk for foreign platforms.

India Fast-Tracks New Drug & Clinical Trial Approvals with 2026 NDCT Amendments

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India’s 2026 amendments to the New Drug and Clinical Trials (NDCT) Rules, 2019, materially improve the operating environment for pharmaceutical companies, contract manufacturers, and foreign investors by compressing approval timelines and reducing pre-licensing bottlenecks.

India’s Component Warehousing Safe Harbor: A Competitive Tax Proposition for Global Manufacturers

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India’s Budget 2026-27 introduces a 2 percent safe harbor for bonded component warehousing and a five-year tax exemption for non-resident suppliers, offering transfer pricing certainty and strengthening India’s role in global manufacturing supply chains.

After 10 Months of Tariff Deadlock, US and India Find Common Ground on Trade

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The White House has revised its February 2026 factsheet on the interim India-US trade framework, softening procurement language from “committed” to “intends” regarding over US$500 billion in US goods.

Uttar Pradesh Updates Shops & Establishments Law: Check Applicability, Working Hours, and Compliance

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The Indian state of Uttar Pradesh has overhauled its Shops and Commercial Establishments Act, expanding statewide applicability and modernizing employer compliance. The latest updates include threshold-based coverage, digital registration, revised working hours, and stronger enforcement for businesses operating in the state.

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