NEW RULES
India to launch new cheque book rules from January 1, 2027? RBI clarifies
RBI has clarified that there will be no changes to the standard CTS cheque books in 2027. Social media messages claimed new cheque books with security features would be introduced from January 1. The central bank has emphasized these claims are misleading and factually incorrect. RBI urges the public to rely only on information published by the bank.
Sebi’s new settlement regulations to come into force from Nov 7; rolls out online application, calculator
Sebi's new settlement regulations take effect November 7, 2026, allowing eligible entities to settle specified administrative and civil proceedings at different stages. The framework introduces application deadlines, revised fees, settlement notices and stricter eligibility conditions.
Passenger wins Rs 3,100 after taking IRCTC to court over just Re 1; Kerala man challenges train ticket refund shortfall; consumer court delivers verdict
A Kerala passenger won Rs 3,100 in compensation after taking IRCTC to the consumer commission over a Re 1 shortfall in a cancelled train ticket refund. The Kasaragod commission termed the shortfall a deficiency in service. Meanwhile, Indian Railways revised its confirmed ticket cancellation and refund rules in March 2026.
Bengalureans, for the next 18 months, no KSRTC buses or goods vehicles on this key airport road. Check new traffic rules and diversions from November 6
Traffic movement on Bengaluru’s Ballari Road will be affected for 18 months from November 6 as the BDA begins construction of a four-lane elevated corridor between UAS Staff Quarters and Mekhri Circle. The traffic police has banned goods vehicles, KSRTC and private buses on the affected stretch and issued alternative routes for commuters travelling to and from Kempegowda International Airport and central Bengaluru.
Why Nithin Kamath believes NRI investing in India has become easier than ever
Zerodha CEO Nithin Kamath welcomed Sebi's simplified NRI account-opening rules, enabling eligible overseas investors to complete digital KYC within two to three days. Effective December 3, 2026, the framework aims to boost overseas participation in Indian equities.
UGC to relook controversial caste discrimination, ragging rules: Govt tells SC
The Centre has told the Supreme Court that it is considering appointing a committee to revisit the UGC's 2026 regulations on caste discrimination in higher education institutions. The submission comes after the top court put the rules on hold in January, citing concerns over vague provisions and their potential consequences.

All Agniveers to get permanent jobs after 6 years? Is Agnipath scrapped? Defence officials answer
The revised Agnipath scheme has raised questions about regular jobs, seniority and whether the original recruitment model has been scrapped. The government has clarified that the first 25% of Agniveers will enter regular service after four years, while the remaining 75% will serve an additional two years before enrolment, with their seniority protected.

Oman tightens expat worker recruitment rules from January 2027; agencies must provide insurance, refunds
Effective January 1, 2027, Oman is set to enforce new, tougher rules for hiring expatriate workers, which will necessitate insurance coverage and adherence to recruitment timelines. Recruitment agencies will shoulder increased financial duties, including the possibility of refunds for employers.

A New York family owned half of a private road, but a fish and game club maintained it for decades; what did the court decide?
Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The eastern half belonged to the Dix family and its predecessors. The court concluded that the association had established ownership through adverse possession because it had maintained and controlled the entire road for decades.

India eases forex reporting rules for small value service exports, imports
The Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for resident individuals and setting a ₹1 million threshold for certain transactions. Resident individuals exporting services will be deemed to have filed export declarations after submitting payment details to banks, while reporting obligations for larger transactions and non-individual entities will continue.

Telcos to face up to Rs 20 lakh fine per quarter per circle for complaint redressal lapses
Telecom Regulatory Authority of India has introduced new rules for telecom operators and internet providers to enhance complaint redressal. These providers will face penalties up to Rs 20 lakh if they fail to resolve consumer complaints quickly. The rules require complaint centres to operate 24 hours with human representatives available for assistance. Consumers will now have a shorter time frame of 15 days to appeal complaint resolutions.

Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MD
Muthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company expresses confidence that clients will gradually acclimate to the revamped monthly payment system. The managing director mentioned it is still too early to assess the regulation's overall influence on the industry.

No more land acquisition for toll plazas: Future highway tolls to collect tolls from moving vehicles through overhead cameras, eliminating the need to build physical toll booths
NHAI has made Multi-Lane Free Flow tolling mandatory for all future National Highway projects, including eligible ongoing construction. The new system will use overhead gantries, FASTag readers and number plate recognition cameras instead of conventional toll booths. Toll plazas will have up to eight tolling lanes, reducing land requirements and vehicle queues.

Government notifies new airfare rules, allows intervention in extraordinary situations
The government has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public interest, amid concerns over high airfares in the backdrop of elevated crude oil and Aviation Turbine Fuel (ATF) prices.

New GST norms to simplify pan-India expansion for D2C brands
Among a set of changes approved by the 57th GST Council meeting on October 8, are new rules that allow brands to declare an ecommerce platform's warehouse as their local principal place of business (PPO) starting November 1, subject to conditions.

Uttarakhand helicopter operators suspend Char Dham flights over DGCA's new two-pilot rule
Helicopter operators in Uttarakhand have decided to suspend their Char Dham charter operations from November 2. This action follows a letter sent to the Directorate General of Civil Aviation expressing their concerns. The operators oppose the new regulation that requires all helicopters to have two crew members on board. They argue that the mandate will significantly impact their financial viability and operational efficiency.

CBDT tightens merger rules for charity trusts, imposes five-year curbs on changing objectives
The Central Board of Direct Taxes (CBDT) has made it mandatory for organisations merging with another registered non-profit to inform the I-T Department within a prescribed deadline, get their accounts audited and disclose the reasons for the merger. The new rules, notified on October 30, also prevent organisations with regular registration from merging with those holding provisional registration, and vice versa.

Delhi vehicle entry rules: When will new GRAP restrictions begin? Check which vehicles are allowed and which are not
Beginning November 1, 2026, the government of Delhi will impose new vehicle entry restrictions aimed at reducing air pollution levels. To gain entry, all vehicles must adhere to BS-VI emission standards and must possess a valid Pollution Under Control Certificate. This initiative addresses the urgent need for improved air quality, prompting motorists to verify their vehicle's compliance before traveling into the national capital.

FASTag new rules from November 1: Live within 20 km of a toll plaza? You can get this annual pass from next month
Starting from November 1, 2026, vehicle owners residing within a 20 km radius of toll plazas can apply for a discounted local FASTag pass. The yearly fee is set at Rs 1,500 for locations outside city limits and Rs 3,000 for those within.
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