Supreme Court shouldn't fail people's trust
Supreme Court is the lone pillar that can uphold the democracy under all circumstances because it can always insist on measures that can rectify to set the country on the track of democracy when legislative or executive goes on a different track.
The court has to caution the government when when it does not work to uphold the democratic values. After Narendra Modi's NDA government came into power, people are forced to place all their hopes on Supreme Court decisions to uphold their interest.
Misuse of Election Commission, interference in CBI and Army, series of fake encounters in Gujarat, reservation etc, there are way too many issues that are awaiting a final sentence by SC to reach conclusion while upholding democracy.
These are the issues that will decide the future of the country. Apart from all those that cases, just as the government's decisions are coming under scanner, the cases that are reaching the doorstep of Supreme Court are increasing rapidly. Now under such circumstances, if there is a situation where the supreme court's credibility becomes questionable, who would save the democracy of the nation?
This question is not being raised by general public, but by persons who held the most responsible position in the Supreme Court, a justice has such concerns now.
Former justice Joseph Kurien has made these observations and this seems to be a case of the fence eating the crop.
In a recent statement to the media, Kurien has said Justice Deepak Misra was influenced by external elements in the recent times and that was detrimental to the Supreme Court since the highest legal institution seemed to have lost track with respect to some very significant cases. One cannot dismiss those words as the rant of a retired person. He had revealed these facts with his colleagues even when he was serving in the court.
This was made evident in a press conference some of the justices held on earlier occasion. This wasn't a personal grouse one held against another colleague. Few of Dipak Misra's colleagues had voiced their concern to the chief justice himself when he held the office. Their main complaint was that Misra was handing over very significant cases to some junior judges without any experience in handling them.
When Misra didn't heed to their words, they were forced to call a press conference. It was for the first time in the history of Supreme Court and the country that such a press conference was held ever.
Politically too, this press meet had created some ripples and Misra seemed to have rectified his stand after that only to some extent, as per Kurien.
Kurien has made another explosive statement now.
His allegation is that Misra was being influenced by external forces.
But he is hesitant to reveal the sources of those ‘forces’. However, guessing what those forces' could be, is anybody's guess.
While people trusted Supreme Court could control the unhindered run of politicians, justice Deepak Misra kneeled before the very legislative.
A weakened judiciary is the reason behind unhindered and unhesitant execution of dictatorial conduct and implementation is unconstitutional measures by Narendra Modi government.
If some of the judges hadn't spoken against this, the future would have been even more scary. If a person who occupies the highest post in judiciary becomes subservient to the ruling dispensation?
And how does one have faith that they'd be served with justice when the Prime Minister works to his convenient and not by the book.
If the other judges had kept silent, future would have been darker than we'd like to assume. At the same time anti constitutional forces are getting bolder with time in India. At a time like this, Kurien's allegations have shows a new reality that doesn't look very bright.
At the same time if Supreme Court also gives anti-constitutional viewpoint through it's judgements, there might be judgements that would even be against the very constitution we believe in.
Manusmriti might take the place of constitution in the coming days using the judiciary route. A sword of fake encounter is hanging on the neck of PM's Man Friday. But for him to be punished, the judiciary needs to retain its independence. If not, people on the guise of policeman may commit murders and Judiciary may be forced to offer their respects to him. Ram Janma Bhoomi and Babri Masjid are the big bones of contention to the country. No one can serve justice to this case except for supreme Court.
At the same time, allegations on the court by a former justice are not very bright. Anybody who cares for democracy needs to come together now to create awareness among people about Misra's leniency towards some particular ideology which is against the spirit of law and constitution. Through this, we also need to uphold the values of democracy.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai (PTI): Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.
The governor's statement came at a time when the rupee breached the 90-mark against the US dollar, and is hovering near that level.
"We don't target any price levels or any bands. We allow the markets to determine the prices. We believe that markets, especially in the long run, are very efficient. It's a very deep market," he said while replying to a question on rupee depreciation at a post-monetary policy press meet.
Malhotra said fluctuations in the market keep taking place, and the effort of the RBI is always to reduce any abnormal or excessive volatility.
"And that is what we will continue to endeavour," he added.
In its bi-monthly monetary policy, the RBI announced three-year USD/INR Buy Sell swaps of USD 5 billion this month.
When asked if the USD-INR swap is aimed at checking rupee depreciation, Malhotra said, "It is a liquidity measure. It is not to support the rupee".
Stressing that RBI does not target any level of rupee against the US dollar, he said the central bank allows "the rupee find its correct position, correct level".
The governor further said the country has sufficient foreign exchange reserves and the current account is manageable, and given the strong fundamentals of the economy, the country should witness good capital flows going forward.
Foreign portfolio investment (FPI) to India recorded a net outflow of USD 0.7 billion in 2025-26, so far (April-December 03), due to unabated withdrawal from the equity segment.
Flows under external commercial borrowings and non-resident deposit accounts moderated compared to the last year.
As of November 28, 2025, India's foreign exchange reserves stood at USD 686.2 billion, providing a robust import cover of more than 11 months.
The governor further said that, having reduced the policy rate (repo) by 25 basis points, the focus will now be on transmission of the rate cut to the real economy.
According to the RBI's November bulletin, the depreciation of the rupee in October was due to a stronger dollar, following the US Fed's policy announcement to lower the Federal funds rate.
Nevertheless, strong fundamentals, such as stable inflation, a resilient growth outlook for the Indian economy, a narrower current account deficit, steady services exports, robust private remittances, and robust foreign exchange reserves, have contributed to the rupee being the least volatile among emerging market and developing economies.
The rupee has performed better than the Euro, and its depreciation has been in line with that of other currencies, such as the Japanese Yen and the Korean Won (for April to November 2025-26).
The central bank has announced various measures over the last 3 years to diversify and expand the sources of foreign exchange funding, aiming to mitigate exchange rate volatility and dampen global spillovers.
The RBI bi-monthly policy in October had announced some measures to enhance the use of the rupee in international trade.
