Today, On 10th December, The Delhi High Court questioned the Centre over the IndiGo flight cancellations and the sudden spike in airfares, asking, “How were airlines allowed to overcharge?” The court said the situation “is harassment to passengers” and demanded accountability today.
CPIML MP Raja Ram Singh, urging urgent action against illegal IT layoffs, said, “Hard Work of Employees Built This Sector. Their Futures Cannot Be Sacrificed for Corporate Greed.”
Today, On 18th June, The Supreme Court denied bail to a Bulgarian man accused in a counterfeit currency case, calling it a serious offence. The bench said, “Such acts eat away vitals of economy and damage national financial stability.”
A viral claim said that Rs.500 currency notes will be discontinued by 2026. However, the government clarified that the RBI has not made any such announcement, calling the rumour completely baseless and misleading.
The Supreme Court has issued directions for strict implementation of the Rs.2 lakh limit on cash transactions, which was introduced by the government under the Finance Act, 2017, and came into effect from April 1, 2017.
Today, On 10th December, the Centre informed the Supreme Court about directives issued to state chief secretaries to comply with the Anuradha Bhasin case ruling on internet shutdowns. The petition highlighted concerns over shutdowns during exams disrupting economic activities, urging exploration of alternative anti-cheating methods. The Supreme Court is currently addressing these issues.
The Government has requested the Supreme Court to reconsider its ruling allowing states to tax mineral extraction, citing potential economic strain and undue burden on citizens. It argues for a uniform national system of mineral levies to ensure sustained economic growth and harmonized pricing. The plea highlights the impact on industrial growth and national development.
The Supreme Court granted bail to Ashutosh Garg, accused of tax fraud amounting to Rs 1,032 crores through fake firms. The Court took into account the maximum penalty of five years and time served in custody. Garg’s appeal highlighted the economic impact of his actions, leading to a different approach in bail consideration.
