Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Indian rupee can drop to 90-92 levels against dollar in next 6-10 months
Update / Judgement Date
06 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
A debate is ongoing regarding the RBI’s approach to currency flexibility. Experts suggest that it may be time for the RBI to relax its rigid stance on currency management, particularly in light of evolving economic conditions. Current policies are perceived by some as inflexible, potentially hindering the economy’s responsiveness to global changes. Critics argue that the RBI should adopt a more flexible approach to managing India’s currency in a way that facilitates growth, minimizes market volatility, and supports global trade while maintaining fiscal stability.