BONDS, CURRENCIES & COMMODITIES


Moneylife Digital Team 03 December 2025
In a landmark slump that rattled markets, the Indian rupee breached the 90-a-dollar mark for the first time on Wednesday, sinking to a new all-time low of 90.21, amid sustained foreign portfolio investment (FPI) withdrawals, costlier crude and mounting doubts over the India–US trade agreement,...

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SN Thyagarajan (Bar  and   Bench) 27 October 2025
The Madras High Court on Saturday held that cryptocurrency qualifies as property under Indian law, capable of ownership and being held in trust. (Rhutikumari v. Zanmai Labs Pvt Ltd).   Justice Anand Venkatesh held that while cryptocurrency is intangible and not legal tender, it possesses the...

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Bhavini Srivastava (Bar  and   Bench) 15 July 2025
The Delhi High Court on Monday denied bail to a man accused of being part of a fraudulent cryptocurrency racket through a platform called Pluto Exchange, while observing that cryptocurrency has profound implications on the country's economy (Umesh Verma vs State).   Justice Girish Kathpalia...

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Moneylife Digital Team 05 June 2025
The imposition of a 30% anti-dumping duty (ADD) on bare printed circuit boards (BPCBs) has significantly boosted domestic production in India, but the long-term sustainability of this momentum will depend on the country’s ability to build a self-reliant raw materials supply chain, says a...

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Ummar Jamal (Bar  and   Bench) 20 May 2025
The Supreme Court on Monday orally questioned why no regulation is being considered to govern cryptocurrency (Shailesh Babulal Bhatt v. State of Gujarat & Another).   A Bench of Justice Surya Kant and Justice NK Singh observed that no one is suggesting a complete halt to cryptocurrency, as...

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Moneylife Digital Team 08 April 2025
A sharp swing in the rupee's value could destabilise earnings in key Indian export-driven sectors such as pharmaceuticals, information technology (IT) services and gems and jewellery, according to a research note issued by CRISIL Ratings. The rupee's sharp volatility against the US dollar in...

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Debayan Roy (Bar  and   Bench) 20 February 2025
The Supreme Court on Thursday stayed a recent order of the Lokpal ruling that it can entertain complaints against High Court judges under the Lokpal and Lokayuktas Act, 2013.   A bench of Justices BR Gavai, Surya Kant and Abhay S Oka issued notice to the Union of India and the Registrar of...

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Mohsin Dar (Bar  and   Bench) 13 January 2025
The Supreme Court recently dismissed a public interest litigation (PIL) petition alleging that the Reserve Bank of India (RBI) exchanged currency notes worth Rs30 crore that were defaced by a Kashmiri separatist group in 2013 (Satish Bhardwaj V/s Union of India).   A Bench comprising Justices...

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Moneylife Digital Team 27 November 2024
Following the withdrawal of Rs2,000 banknotes from circulation and processing of these notes in large numbers, counterfeit notes detected in this denomination increased during FY23-24, the Parliament was informed. During the past six years, total number of counterfeit notes of Rs500 Mahatma...

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Ayesha Arvind (Bar  and   Bench) 06 September 2024
The National Company Law Appellate Tribunal (NCLAT) at Chennai on Friday temporarily halted the recent acquisition of power generating company Coastal Energen by a consortium led by Adani Power.   A coram of judicial member Justice Sharad Kumar Sharma and technical member Jatindranath Swain...

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Moneylife Digital Team 04 June 2024
A year after announcing the withdrawal of Rs2,000 currency notes, Reserve Bank of India (RBI) says the total value of Rs2,000 banknotes in circulation has declined to Rs7,755 crore at the close of business on 19 May 2024.    In a statement, RBI says that out of Rs3.56 lakh crore worth of...

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Moneylife Digital Team 07 May 2024
Allaying concerns about the digital currency posing a risk to banks’ business models, Reserve Bank of India (RBI) governor Shaktikanta Das says RBI is working on making the central bank digital currency (CBDC or e-Rupee) transferable in the off-line mode while introducing programmability...

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Moneylife Digital Team 05 April 2024
The Reserve Bank of India (RBI) has decided to launch a mobile app for its retail direct portal, which will allow investors to invest in different types of government securities (G-Secs), such as central government bonds, state government bonds, and treasury bills through their mobile devices....

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IANS 11 January 2024
The US Securities and Exchange Commission (SEC) has finally approved a number of spot Bitcoin exchange-traded product (ETP) shares and with the decision, the world's largest cryptocurrency has joined the global financial system.   The decision will make around a dozen spot Bitcoin...

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IANS 09 January 2024
Government of India bonds are likely to get a further boost with global financial advisory firm Bloomberg proposing their inclusion in its index, a development that comes close on the heels of JPMorgan’s decision to include these bonds in its global index from June 2024.   "Following...

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Moneylife Digital Team 04 January 2024
Although the Reserve Bank of India (RBI) says that Rs2,000 notes continue to be a legal tender and currency and can still be exchanged, it has placed a nightmarish process to exchange notes after September. RBI announced the withdrawal of Rs2,000 notes in May circulation as part of its 'Clean...

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IANS 27 December 2023
The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation of money changers for facilitating foreign exchange-related services.   The review of the extant licensing framework aims to meet the emerging requirements of...

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IANS 24 November 2023
The Reserve Bank of India (RBI) on Friday added 19 entities/platforms/websites to its Alert List of unauthorised forex trading platforms from which people need to stay away as they are illegal.   These entities are neither authorized to deal in forex under the Foreign Exchange...

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Outside of hardcore market participants, not many people are aware of an ongoing crash in one of the largest markets in the world—the US bond market. Since March 2020, the 10-year US treasury bond has crashed by 46%, while the 30-year bond has plunged by 53%. It is important to note that this...

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IANS 28 September 2023
The Central government for the first time will sell 50-year bonds to meet the demand for longer dated securities from the country's life insurance and pension fund segments.   This comes as a major development in the country’s financial sector as a fast-growing middle-class looks for...

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