India: International Trade & Investment

The Supreme Court of India has applied the principle of 'transnational issue estoppel' in foreign arbitral award enforcement proceedings, preventing parties from relitigating issues already decided by seat courts.

The Reserve Bank of India has introduced comprehensive new regulations consolidating the entire export-import framework, set to take effect from October 2026.

India and New Zealand have on 27 April 2026 signed a Free Trade Agreement (FTA). The negotiations were officially launched on 16 March 2025 and after five formal rounds of negotiations and several intersessions...

India's foreign trade regulatory landscape is undergoing a major transformation with the introduction of the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026...

On 2 April 2026, the United States issued a Presidential Proclamation titled “Adjusting Imports of Pharmaceuticals and Pharmaceutical Ingredients into the United States,”...

India's energy, infrastructure, and natural resources sectors witnessed significant regulatory developments in February and March 2026, spanning power generation frameworks, oil and gas supply regulations, maritime investment mechanisms, and mineral governance reforms. Key measures include amendments to captive power plant rules, carbon credit trading regulations, enhanced consumer protection in petroleum distribution, and stricter environmental compliance standards for solar waste and plastic management.

On 12 February 2026, the Department for Promotion of Industry and Internal Trade (‘DPIIT') issued a set of important orders introducing transitional exemptions applicable to several Quality Control Orders (‘QCOs').

Indian Customs authorities are increasingly issuing show cause notices (‘SCNs') directly to the importers, disputing preferential duty claims under Free/Preferential Trade Agreements...

On January 13, 2026, the Reserve Bank of India ("RBI") issued Notification No. FEMA 23(R)/2026-RB, promulgating the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 ("the 2026 Regulations").