A bench of Chief Justice of India DY Chandrachud and Justice PS Narasimha dismissed the plea filed by advocate Ashwini Upadhyay citing it as an "area of executive domain".
The Supreme Court once again declined an urgent hearing of a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
Indian stock indices managed to trade on a positive note throughout Wednesday's session and settled substantially high with all eyes now focused on the Reserve Bank of India's (RBI) decision from the ongoing bi-monthly monetary policy review.
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad on Tuesday reserved the order in the matter after noting down the submissions of petitioner and repondents. The RBI has opposed the plea stating that Rs 2000 note continues to be legal tender.
A Public Interest Litigation (PIL) has been moved in Delhi High Court seeking direction to quash the Reserve Bank of India (RBI) Notification dated May 19, 2023, whereby the RBI has taken a decision to withdraw the Rs 2000 denomination banknotes from circulation under the clean note polic
RBI on Friday announced that it has decided to withdraw the Rs 2,000 denomination banknotes from circulation but they will continue to remain legal tender.
Retail inflation in India having moderated sharply in April substantiated the Reserve Bank of India's (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.
New Delhi [India], June 9 (ANI): Union Minister for Home and Cooperation Amit Shah on Thursday welcomed the important steps announced by the Reserve Bank of India (RBI) to increase credit flow through cooperative banks.
New Delhi [India], May 5 (ANI): Home loans are set to become costlier after the Reserve Bank of India's (RBI) decision to hike the policy repo rate by 0.40 per cent, experts said.
New Delhi [India], February 11 (ANI): Real estate sector has welcomed the Reserve Bank of India (RBI) decision to maintain the status quo on key policy rates saying the low-interest rate regime would boost the growth of the housing sector.
New Delhi [India], December 9 (ANI): The estate industry lauded the Reserve Bank of India's (RBI) decision to keep the interest rates unchanged for the ninth consecutive time.