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Showing posts with the label National News

The Indian Rupee’s Slide: Challenges and RBI’s Path to Stability

India’s rupee has recently crossed significant psychological thresholds, falling past 90 per US dollar and sparking widespread concern among households, businesses, and policymakers. This slide is not just a market event; it reflects deeper structural and cyclical forces that have implications for inflation, growth, and financial stability. The Reserve Bank of India (RBI) stands at the centre of efforts to manage this volatility, deploying a mix of market operations, regulatory tools, and strategic communication to prevent a currency crisis from becoming a broader economic shock. Declining Rupee The Rupee’s Fall: Symptom and Signal The rupee’s weakness is driven by a combination of global and domestic factors. A strong US dollar, rising American interest rates, and global risk aversion have pushed investors toward safe-haven currencies, dragging down emerging-market currencies like the rupee. Domestically, India’s persistent current account deficit—fueled by heavy imports of crude oil...

Rent Agreement Rules 2025: New Regulations, Security Deposit Limits & Digital Registration Explained

 The rental housing landscape in India has undergone a substantial transformation in 2025. With the introduction of the Home Rent Rules 2025 (built on the earlier Model Tenancy Act 2019 framework), the government aims to bring transparency, consistency and legal clarity to rentals — long plagued by informal, ambiguous, or exploitative practices. Photo by Ivan S In this post, I break down what’s new, how the new regime compares with the older (often informal) rental practices, and offer some analysis of its potential impact — whether landlords and tenants will truly benefit, or face fresh challenges. What’s New in 2025: Key Provisions Mandatory digital stamping and registration Every rent agreement, whether long-term or short-term, must now be digitally stamped and registered within 60 days of signing. Traditional stamp paper or informal, unregistered deals are no longer valid under the new rules.  Cap on security deposit For residential properties, security deposits are l...

Article 240 Under Fire: Why the Centre’s Move on Chandigarh Has Sparked a Political Earthquake?

 Introduction: A Constitutional Flashpoint Chandigarh, the shared capital of Punjab and Haryana, may soon find itself at the centre of a constitutional firestorm. The Union government is reportedly planning to introduce the Constitution (131st Amendment) Bill, 2025 , which would bring Chandigarh under the ambit of Article 240 , enabling the President to make regulations for its governance. The move has triggered a fierce backlash from political quarters in Punjab, drawing sharp accusations that the Centre aims to dilute Punjab’s historic claim over its capital. Credit - Wikipedia Understanding Article 240: What Does It Actually Do? At its core, Article 240 of the Indian Constitution empowers the President to frame regulations for certain Union Territories (UTs) for their “peace, progress and good government.”  These regulations are not symbolic — they can repeal or amend Acts of Parliament applicable to the UT, and once promulgated, hold the same force as a parliamentary s...

Bihar Election Results 2025: What the Verdict Means for the State and the Road to Lok Sabha Elections

Elections do not just choose governments; they reveal the direction in which a society wishes to move. Bihar has always been more than just a state election story. It is a political laboratory where caste, development, identity, and governance mix into one of India’s most complex electoral battlegrounds. The 2025 Bihar Elections, with high voter turnout and intense multi-party competition, have once again reshaped the political mood—not only inside Bihar but across India. Bihar Election Results, 2025 This article breaks down the results, explains why people voted the way they did, and analyses how these outcomes could influence future state policies and the upcoming Lok Sabha elections. Bihar’s Political Landscape Before the Election For decades, Bihar’s political discourse revolved around three pillars: Caste equations Coalition politics Governance vs. identity narratives Different governments have experimented with development agendas, welfare schemes, social justice meas...

Article 142 of the Indian Constitution: Meaning, Importance, Recent Cases, and Insights

  Introduction In recent times, Article 142 of the Indian Constitution has emerged as a point of heated discussion in legal, political, and public discourse. From landmark judgments to controversial verdicts, this Article is often cited as the ultimate power of the Supreme Court to “do complete justice.” But what exactly is Article 142, why is it important, and why is it making headlines? Let’s explore. What is Article 142? Article 142 of the Constitution of India empowers the Supreme Court to pass any decree or order necessary for doing “complete justice” in any pending matter. The Article reads: “The Supreme Court in the exercise of its jurisdiction may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it...” This gives the apex court the power to go beyond the boundaries of procedural law, if it believes that justice demands it. Importance of Article 142 Extraordinary Powers : Article 142 provides th...