Government Regulation and Public Sector Law

The judgment, Cloudthat Technologies Pvt. Ltd. v. Thoughtsol Infotech Pvt. Ltd.1 affirmed the ruling pronounced by the Allahabad High Court in Thoughtsol Infotech...

The Conference of the Parties (COP) is a global summit under the UNFCCC that brings together nations, civil society, and industry to address climate change, track progress on the Paris Agreement, and advance international efforts to reduce emissions and support vulnerable countries.

India is one of the countries that can boast of both diversity in terms of culture and ecology and the composites of accumulation of the knowledge and ingenuity passed over centuries and built by the indigenous people.

A Division Bench of the Rajasthan High Court has ruled that Build-Operate-Transfer concessionaires must pay GST on works contract services rendered to NHAI, treating toll collection rights as taxable consideration. This landmark judgment fundamentally reshapes the tax landscape for highway PPP projects, potentially affecting project bankability, investor appetite, and the cost mechanics for developers participating in India's infrastructure development bids.

Democratisation of air travel has been a policy priority for India to promote balanced economic development and to improve regional air connectivity. UDAN scheme is one such example that represents this significant...

India is positioning itself to reduce dependence on China for critical minerals through ambitious policy frameworks including the National Critical Minerals Mission and Rare Earth Permanent Magnets Scheme. This analysis examines how strategic India-Japan cooperation can build resilient supply chains across the Indo-Pacific region.

The Department for Promotion of Industry and Internal Trade (“DPIIT”), through its revised Standard Operating Procedure (“SOP”) dated 4 May 2026 for processing Foreign Direct Investment (“FDI”) proposals, has introduced what appears at first glance to be a procedural reform.

In the wake of the COVID-19 pandemic, the Department for Promotion of Industry and Internal Trade (“DPIIT”) had issued Press Note 3 of 2020 (“PN3”), mandating prior Government approval for investments originating from entities or citizens of countries sharing land borders with India (“LBCs”), or where the beneficial owner of the investment was situated in or was a citizen of such countries.

This edition of Defence Dispatch examines three pivotal developments from April 2026: India and Germany's ten-year defence industrial cooperation roadmap that advances the P-75I submarine deal, the newly published India-Russia RELOS agreement allowing unprecedented foreign military presence on Indian soil, and South Korea's state visit outcomes that shift the K9 Vajra partnership toward co-development and joint design of advanced military systems.

SEBI has issued a circular deferring penal consequences for listed entities that fail to meet minimum public shareholding norms during periods of external economic disruption. This regulatory relief measure allows companies additional time to achieve compliance under more favorable market conditions while maintaining the long-term integrity of public shareholding requirements.

The Union Budget 2026 has introduced several significant policy and regulatory changes that may impact businesses across various sectors. We highlight key elements of the budget which has implications on the businesses and the economy.

In a unanimous decision that emphasises a thoughtful approach to India's shifting economic environment, the Reserve Bank of India's Monetary Policy Committee (MPC) on October 1, 2025, kept the policy repo rate steady at 5.5%, upholding a neutral position.