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Fresh PIL in Delhi HC against RBI decision to withdraw Rs.2000 notes
Law and Order

Fresh PIL in Delhi HC against RBI decision to withdraw Rs.2000...

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Another PIL in Delhi HC against the withdrawal of Rs.2000 note A fresh Public Interest Litigation (PIL) has been filed in the Delhi High Court...
In its announcement on Friday evening, the RBI said that it will withdraw the Rs 2,000 denomination banknote from circulation but it will continue as legal tender
Politics

Twitter war erupts between Mamata-Amit Malviya over phasing out of Rs.2000...

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Amit Malviya takes on Mamata over her tweet on the withdraw of Rs.2000 banknotes by RBI West Bengal Chief Minister Mamata Banerjee and in-charge of...
About 89 percent of the 2,000 denomination banknotes were issued prior to March 2017 and are at the end of their estimated life-span of 4-5 years
Banking

RBI withdraws Rs.2000 notes from circulation; to continue as legal tender

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RBI makes a big announcement regarding Rs.2000 currency notes On Friday the Reserve Bank of India (RBI) said it will withdraw the Rs.2000 denomination banknote...
IMF had projected India's GDP to grow at 5.9% in the current fiscal while the World Bank pegged it at 6.3%
Economy

India’s growth to hold at 5.8%; will be fastest growing major...

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India continues to be ‘the bright spot’ in the world economy with ‘many positives’, the inflation has come down significantly On Tuesday the UN said...
RBI is optimistic and fairly confident over India's 6.5 per cent real GDP growth rate though other analysts have differing views
Economy

‘Monetary policy on right track’: RBI Guv Shaktikanta Das

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Real GDP growth of 6.5 percent expected by the RBI With the latest official data indicating a cooling off in the headline inflation to 4.7...
India's foreign currency assets, the biggest component of the forex reserves, rose by $4.99 billion to $519.48 billion
Finance

India’s foreign exchange reserves surge to $588.78 billion

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India's forex reserves rise to 10-month high According to Reserve Bank of India (RBI) data released, India's foreign exchange reserves increased marginally by $4.53 billion...
The old pension regime is not fiscally sustainable as it is not contributory in nature and the burden on the exchequer keeps on mounting
Finance

RBI cautions on Old Pension Scheme, says it may add to...

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Why has RBI non-BJP-ruled warned states against the old pension scheme? Even as several non-BJP-ruled states like Rajasthan, Chhattisgarh, Himachal Pradesh, Punjab, and Jharkhand have...
The PIL has sought directions to the Centre and others to ensure that unclaimed deposits of the public that get transferred to government-owned funds be given to the legal heirs of the depositors
Justice System

SC asks Finance Ministry to respond to Sucheta Dalal’s PIL seeking...

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Top Court seeks Fin Min's response in PIL seeking mechanism to inform legal heirs about unclaimed funds in dormant accounts The Supreme Court on Thursday...
RBI Governor said that the war against inflation to continue till the decline in inflation rate is closer to the target -- 4 percent
Economy

Repo rate to remain unchanged; GDP projected at 6.5% for FY24,...

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RBI raises India FY24 GDP growth forecast marginally to 6.5% On Thursday, in a unanimous decision, the Reserve Bank of India's (RBI) Monetary Policy Committee...
The TTD chairman said the TTD currently has foreign currency amounting to Rs.30 crore
Finance

RBI imposes penalty of Rs.3 cr on TTD for violation of...

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TTD fined for FCRA violation The Reserve Bank of India (RBI) has imposed a penalty of Rs.3 crore on India's richest religious trust, Tirumala Tirupati...
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