ARTICLE · 01 OCTOBER 2025
Recent Developments In India's Corporate & Commercial Laws - September 2025
The September 2025 edition of Fox & Mandal's newsletter examines SEBI's amendments to the RPT, FPI, anchor investor, and MPS frameworks; enhanced scope of fast-track mergers; conversion of private InvITs to public; new framework for coastal trading; signs of speculative investments in housing projects; classification of REITs as equity; RBI's guidelines for payment aggregators; and other changes in India's corporate, capital markets, infrastructure, insolvency, and banking sectors.
IndiaCorporate/Commercial Law
Indian economy | September 2025
Snapshot of key indicators

HIGHLIGHTS
- India's forex reserves grew by USD 4.7 billion to cross the
USD 700 billion mark, shy of its all-time high of USD 704.8
billion, even as the rupee depreciated to a historic low against
the US dollar at 88.82 in the same week (ending September 12).
- The top 5 positive contributors for industrial production in
July 2025 were manufacture of wood and wood products except
furniture (17.3%); electrical equipment (15.9%); basic metals
(12.7%); transport equipment other than motor vehicles, trailers,
or semi-trailers (11.5%); and tobacco products (10.8%).
- In August 2025, the highest export growth was seen in cereals
other than rice, wheat, maize, and millet (89.69%); electronic
goods (25.93%); mica, coal, and other ores/minerals (24.57%); tea
(20.52%); and meat, dairy, and poultry products (17.69%).
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