ELECTORAL BONDS
Zero tolerance for violence; repoll if any disruption: EC
West Bengal is preparing for elections with a focus on intimidation-free polling. Super-sensitive booths have been identified across districts like Malda, Murshidabad, and Cooch Behar. Enhanced security measures and customized plans are being implemented. The Election Commission of India emphasizes zero tolerance for violence. Repolls will be ordered if necessary to ensure fair elections.
Bridges to Majuli: Connectivity push sparks outsider anxiety in Assam’s river island battleground
Majuli islanders anticipate the completion of new bridges connecting them to mainland Assam, hoping for improved access to healthcare and easier travel. While welcoming development, residents also express concerns about potential influx of outsiders impacting the island's unique cultural and spiritual identity.
DMK fulfilled 85% poll promises, blames Centre for pending pledges
DMK MLA Ezhilan Naganathan states the ruling party fulfilled 85 percent of its election promises. He contrasts this with the previous AIADMK government's implementation rate. Naganathan attributes delays in fulfilling some promises to the Union government. He also describes the DMK alliance as ideologically driven and calls the Union government's petrol and diesel excise duty cuts an election stunt.
West Bengal Poll violence concerns dominate voters' psyche at Dinhata, Sitalkuchi assembly seats
An eerie unease grips Cooch Behar's Dinhata and Sitalkuchi constituencies as elections approach. A history of political violence between TMC and BJP workers casts a shadow. New discontent simmers over voter roll issues affecting thousands, including former Bangladeshi enclave residents. This volatile landscape sets the stage for a tense electoral battle.
Victory with record margin will be answer to conspiracy behind jailing me: TMC's Jyotipriya Mallick
Jyotipriya Mallick, a TMC leader, seeks a record victory in the upcoming assembly polls. He views this as his response to a conspiracy that led to his imprisonment in an alleged ration scam. Mallick believes the people's verdict will prove his innocence.
Will the Iran conflict end Meloni's long Italian honeymoon?
US-Israel Iran War: Italy's economy faces new challenges. Recent strikes in Iran have impacted oil and gas prices. This affects Italian businesses and families. Higher borrowing costs and rising energy bills are concerns. The manufacturing and agriculture sectors are also feeling the strain. Tourism from the Middle East is disrupted. These issues could affect Prime Minister Giorgia Meloni's popularity.
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For Trump, a promised economic boom collides with the costs of war
President Trump's decision to initiate conflict in Iran has significantly impacted the U.S. economy. Rising energy prices are pinching American families and businesses. This surge threatens to derail projections for robust growth and raises concerns about a potential recession. The economic fallout comes as Trump faces midterm elections, with voters already showing dissatisfaction with his economic handling.
Supreme Court seeks centre, ECI reply on PIL against poll money power
A three-member bench headed by Chief Justice of India (CJI) Surya Kant observed that the issue raises complex constitutional questions.
DMDK aligns with DMK, party it once fought with zeal; Captain's 'athma' won't forgive, says BJP
Tamil Nadu elections: DMDK's move came amidst reports that the opposition AIADMK was also actively wooing the party to its led NDA. Key NDA constituent BJP slammed DMDK, saying while it has boarded a "sinking ship," Vijayakanth's "athma (soul) will not forgive" the party for forging ties with the DMK.
Long-term bonds lead JGB rally on PM Takaichi's 'responsible' stimulus pledge
Japanese government bonds rallied on Thursday, particularly, as investors reacted positively to Prime Minister Sanae Takaichi's pledge for "responsible" stimulus following her electoral victory. This reassurance led to falling yields across various tenors, including the 40-year and 30-year JGBs, as the market digests her commitment to fiscal prudence.
BRS ''extorted crores via phone tapping'', claims Telangana CM Revanth Reddy
Telangana Chief Minister A Revanth Reddy accused the previous BRS government of blackmailing businessmen and extorting vast sums through phone tapping. He labeled the BRS as the 'Blackmail Rajakeeya Samiti'. Reddy claimed the BRS used phone tapping to collect Rs 1,500 crore in electoral bonds. He also alleged the BRS facilitated the BJP's Lok Sabha victories to evade these cases.
Karnataka HC orders interim stay on FIR against Nirmala Sitharaman, BJP's Kateel in an electoral bond case
The Karnataka High Court has ordered an interim stay on the First Information Report (FIR) against Union Finance Minister Nirmala Sitharaman and former Karnataka BJP president Nalin Kumar Kateel, alleging extortion through electoral bond misuse. The stay will remain in effect until October 22, 2024.
SC to hear on July 22 plea to seize money received by political parties under electoral bonds scheme
On July 22, Chief Justice D Y Chandrachud's bench will review Khem Singh Bhati's plea on the 2018 electoral bonds scheme. Filed by Jayesh K Unnikrishnan and settled by Vijay Hansaria, it alleges misuse of corporate funds, seeking tax audits and penalties for 2018-2024. It involves alternative relief and Election Commission's public disclosures directed at Centre's involvement.
Mystery donations: TMC and JD(U) claim electoral bonds left anonymously at their offices
Both the Trinamool Congress and JD(U), in their disclosures regarding electoral bonds for the fiscal year 2018-19, claimed that unidentified individuals had delivered sealed envelopes to their respective offices in Kolkata and Patna. Consequently, they asserted their lack of awareness regarding the identities of the donors.
Electoral bond mystery: Who paid Rs 162 crore in the name of Yashoda Hospital?
Yashoda Hospital, a top donor in electoral bond data, faced confusion with multiple hospitals of similar names. Denials of donations and clarifications from different management groups added to the mystery surrounding the situation.
Why withhold info that links electoral bond donor, beneficiary: SC to SBI
Electoral bonds: SBI to respond Monday on why it didn’t disclose unique IDs SBI, the sole issuer, faced scrutiny for not revealing the unique IDs, as directed by the top court.
'Legalised bribery': Chidambaram slams electoral bonds scheme after data made public
P. Chidambaram, senior Congress leader and former finance minister, criticized the electoral bonds scheme, calling it a means to "legalize bribery" and ensure the ruling party's benefit. He expressed his views at the India Today Conclave 2024, stating that elections should allow more open campaigning and larger expenditure limits for candidates.
Electoral Bonds scrapped, what's next? FM Nirmala Sitharaman comments over poll bond controversy
Finance Minister Nirmala Sitharaman responded to the Electoral Bonds controversy, suggesting that assumptions are shaping the discourse. At the India Today Conclave, she acknowledged imperfections in the electoral bond system but highlighted the need to learn from the Supreme Court's ruling for greater transparency. The system, though imperfect, is an improvement from the past, where money wasn't routed through bank accounts.
What EC Electoral Bonds data may expose, and the veiled realities within
The Supreme Court had set a deadline for the State Bank of India (SBI) to provide important details regarding electoral bonds (EB) to the Election Commission (EC) by March 12. This includes the purchase date, purchaser's name, and amount of each bond. Additionally, the EC and SBI are required to upload their data on EB contributions to political parties. While this move aims to consolidate EB-related information, it may not fully address the issue of undisclosed corporate donors.
Electoral bonds: SC dismisses SBI's plea for extension, seeks details by tomorrow
The Supreme Court dismissed the State Bank of India's plea for an extension until June 30 to disclose details of electoral bonds. The court ordered the SBI to provide details by March 12. Harish Salve, representing the SBI, cited the complexity of matching donor details with political parties.
SBI requests SC to extend deadline for sharing electoral bond data till June 30
As March 6 approaches, the State Bank of India has submitted an application to the Supreme Court requesting an extension until June 30, 2024, to provide information regarding Electoral Bonds to the Election Commission. According to a Supreme Court ruling, SBI is obligated to furnish this information to the ECI by March 6.
Electoral Bonds: Bank rules may stand in way of SC ruling to reveal hidden information, sources say
Poll bonds: Indian banks' norms may hinder the disclosure of subscribers' names in electoral bonds. The Supreme Court banned these bonds, citing transparency and accountability concerns. The State Bank of India has been ordered to disclose donor details, including the BJP's lion's share of Rs 16,518.11 crore funding, ahead of the general elections.
Electoral Bonds: BJP took home lion's share of Rs 16,000 crore political funding
Poll Bonds: The Supreme Court's landmark order banned electoral bonds, declaring them unconstitutional due to concerns about transparency and accountability. The ruling BJP received the majority of funds through these bonds, significantly increasing its income. Other parties also relied on electoral bonds for financial support.
Scrapping electoral bonds may make funding transparent: India Inc execs
Others fear striking down of these bonds could see more cash being used to fund parties. Electoral bonds previously enabled companies and individuals to contribute to political parties without revealing their identities or facing restrictions. Certain companies fear that opposing parties may now scrutinize such funding and damage their reputations.
Opposition tears into BJP's 'corrupt' electoral bonds scheme after SC calls it unconstitutional
The Supreme Court has ruled against the electoral bond scheme, which was criticized by several opposition leaders. Congress leader Jairam Ramesh praised the decision, stating it would strengthen the power of votes over notes. He criticized the Modi Sarkar government for inflicting injustice on the Annadatas and privileging the Chandadatas.
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