Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.
A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
In a first, the New York State Senate has formally adopted a resolution honouring the Indian Constitution on the occasion of its 75th anniversary, recognising it as a guiding framework for India's ongoing progress as a nation and celebrating the country's democratic values.
The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.
While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.
;The entire INDIA bloc, led by Rahul Gandhi, was against the bonds and they wanted the old system of cut money to rule over politics once again;
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
It's IPL season again and that means Thala's back in action! Fans wait all year to see Mahendra Singh Dhoni back doing what he does best.
Justice Bhushan Ramkrishna Gavai was on Wednesday sworn in as the 52nd Chief Justice of India.
Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.
'By uploading an intimate video on Facebook, the applicant (husband) has gravely breached the sanctity of the marital relationship. A husband is expected to honour the trust, faith, and confidence reposed in him by his wife, particularly in the context of their intimate relationship'
The State Bank of India, which unsuccessfully sought extension of time till June 30 to disclose the details of electoral bonds, on Monday faced searching questions from the Supreme Court which wanted to know about the steps taken to comply with the directions it had issued while scrapping the controversial scheme of anonymous political funding on February 15.
Following is the chronology of events in the case related to validity of the electoral bonds scheme, a mode of funding to political parties, in which a five-judge Constitution bench of the Supreme Court on Thursday delivered a landmark verdict annulling it.
'It's not really going to bring about purity in the election process.'
Kharge also raised the issue of several companies purchasing electoral bonds soon after they faced raids by central agencies such as Enforcement Directorate and Income Tax Department.
The State Bank of India (SBI) on Wednesday told the Supreme Court that a total of 22,217 electoral bonds were purchased by donors between April 1, 2019 and February 15 this year, out of which 22,030 were redeemed by political parties.
After eight seasons, countless memories, and a captaincy stint with DC, Pant will walk out in Vizag wearing different colours -- for the very first time.
Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.
Why was the former skipper absent from the Alibaug session?
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
The Election Commission (EC) had, in 2019, flagged its concerns in the Supreme Court on the changes made in several laws relating to political funding to facilitate the electoral bonds scheme, saying it will have 'serious repercussions' on transparency.
The Bharatiya Janata Party on Thursday defended the electoral bonds scheme, struck down as unconstitutional by the Supreme Court, saying it had a laudable objective of bringing transparency in poll funding.
Not ordering disclosure of details of electoral bonds prior to April 12, 2019, was a "conscious choice" by the Constitution bench, the Supreme Court said on Monday while refusing to entertain the submissions of ASSOCHAM and CII against the disclosure of bond details on the ground of their plea not being listed.
I learned a lot from Sunil Narine when I was with KKR: Kuldeep Yadav
As we continue our climb, I meet 59-year-old Pushpa Devi from Banaras. I stare at her in wonderment when she tells me this is her 45th visit to the temple. She is equally bewildered to hear this is my first visit!What is it that draws her here each year? 'Bas ek shabd hai. Shraddha. (There is just one word. Faith.)'
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
Harbhajan Singh and Andrew Symonds resolved their differences and forged an unlikely friendship while playing for Mumbai Indians in IPL 2011.
Shah Rukh Khan is known for his wit and humour, and it was on full display at the World Audio Visual and Entertainment Summit (WAVES) 2025 event on May 1.
The State Bank of India has not shared details of the electoral bonds encashed by political parties till Wednesday, the deadline set by the Supreme Court.
The Congress on Friday alleged that the electoral bonds data has exposed 'corrupt tactics' of the Bharatiya Janata Party such as quid pro quo, seeking donations for the company's protection, kickbacks and money laundering through shell companies.
With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.
The National People's Party, which rules Meghalaya, is another national party which received no donations through electoral bonds.
Sai Sudharsan, a rising star, playfully dubs GT 'Gujarat Tamilians'.
All-rounder Krunal Pandya starred with a four-wicket haul, including three in the last over, to help RCB beat Mumbai Indians by 12 runs.
Leaders of several opposition parties on Thursday hailed the Supreme Court verdict striking down the electoral bonds scheme and termed it an important step in ensuring transparency in electoral funding.
Christian Michel James, an alleged middleman in the AgustaWestland case, has claimed that attempts were made to poison him inside Tihar Jail. A Delhi court has sought a response from the prison authorities on his plea. The court has also directed that James be taken to AIIMS on April 7 for a check-up. James was extradited from Dubai in 2018 and has been in custody since then. He has been granted bail in the ED and CBI cases against him but has refused to accept bail citing security concerns. He has also alleged that he was subjected to an incident at AIIMS, the details of which he is willing to share with the court in private. The court has ordered James to furnish a personal bond and surety of Rs 10 lakh in both cases and surrender his passport. The CBI chargesheet claims an estimated loss of 398.21 million euros (about Rs 2,666 crore) to the exchequer due to the deal for the supply of VVIP choppers. The ED chargesheet filed against James alleged he received 30 million euros (about Rs 225 crore) from AgustaWestland.
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