Big win for Modi govt as SC approves DeMo process with 4:1 majority

In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500......

Manner of govt's decision-making can always be examined: SC on note ban

The Supreme Court on Tuesday said limited scope of a judicial review in economic policy matters does not mean that the court will fold its hands and sit back, observing that the manner in which a......

Don't unscramble scrambled egg, govt tells SC on note ban

Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of......

Why RBI Was Worried About Consumer Credit Growth

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......

Paytm Crisis: StartUp Founders Take Note

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular......

RBI conducts 4-day VRRR auction as overnight rates fall below repo

The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo......

Record FPI inflows in debt market mark over 6-year high in December

Foreign portfolio investors’ (FPIs’) net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. Illustration: Dominic......