A 4:1 Constitution Bench verdict absolved the Narendra Modi government of rushing in with demonetisation, but the dissenting verdict notes the RBI did the government’s bidding without applying its mind.
Supreme Court upholds demonetisation by 4:1 majority, with most of the justices holding the decision to be legal, while Justice B.V. Nagarathna dissents to hold that the November 8, 2016 notification was unlawful
Supreme Court dismisses 58 petitions challenging the Union government's 2016 decision, which ceased the legal validity of currency notes in the denomination of Rs 500 and Rs 1000, says the decision, being taken by the Executive's Economic Policy, cannot be reversed now
In a proposal to make India’s financial system resistant to climate-connected risks and assist Regulated Entities to deal with matters of a warming planet, the Reserve Bank of India is mulling over potential rules and regulations.
A new series of rules to regulate the digital lending system in India is centred on the advice obtained from the RBI’s Working Group on Digital Lending, including lending through online platforms and mobile apps. What does this mean for consumers and the platforms that offer these services?
The introduction of 30% tax on digital assets has impacted the crypto industry, leading to trading volumes in main crypto exchanges plunging by 90% and entrepreneurs in the Web 3.0 space shifting base abroad