Updated ECB Framework – Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026

Feb 25, 2026

The Reserve Bank of India has significantly amended the framework for external commercial borrowings for Indian companies.  This will enable Indian companies, including subsidiaries of foreign companies, to borrow higher amounts for shorter timelines.  Please go through our PPT for more information.

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Proposed liberalization of FDI in e-commerce exports

Download .pdf The Indian government is currently evaluating a landmark policy shift that could allow Foreign Direct Investment (“FDI”) in inventory led e-commerce models, specifically for export purposes. Historically, India has maintained a strict prohibition on FDI...

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India’s Budget 2026-27: Key highlights

Download .pdf India’s Union Budget (the “Budget”) for the financial year 2026-27 was announced on February 1, 2026, and the Finance Bill, 2026 (the “Finance Bill”) was tabled in Parliament.  The Finance Bill will undergo discussion in Parliament before its...

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India’s insurance sector reforms – key highlights

Download .pdf On December 21, 2025, the Indian government published the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 (the “Amendment Act”) in the official gazette for general information.  The Amendment Act, once notified, will introduce...

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Primer on Doing Business in India – 2026 Update

India is one of the world’s fastest-growing economies, with a steadily liberalised regulatory framework and strong policy support for foreign investment. Most sectors permit 100% FDI under the automatic route, and investors can choose from multiple entry options,...

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Why FEMA compliance in India should not be taken lightly?

Compliance with India’s foreign investment regulations is now more critical than ever.  The Enforcement Directorate has initiated a number of investigations, especially in the fintech, e-commerce and similar sectors, where the purpose of foreign investment is...

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