The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
Lakhs of people had come for the event held on a 306-acre ground in Kharghar. The nearest weather station to the spot had recorded a maximum temperature of 38 degrees Celsius.
The study showed the ruling BJP has 132 crorepati MLAs, followed by 14 of the Congress, all three Independents, and one each of the Aam Aadmi Party and the Samajwadi Party.
The Congress raised Rs 918.03 crore, of which 383.26 crore came through the debt instrument, which can be purchased from select branches of State Bank of India and donated to any political party.
Only 18 Bharatiya Janata Party legislators switched parties to contest the polls in this period
Patni's margin pressures have eased and their topline growth is robu
The government would take a number of steps to energise and deepen the country's corporate bond as well as currency derivatives market.
Donations from corporates to the national parties increased by 109 per cent between FY 2017-18 and 2018-19, said an analysis by the Association for Democratic Reforms (ADR), an NGO working for bringing in transparency in electoral politics.
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
The total income of seven political parties from unknown sources was Rs 2,512.98 crore in 2018-19.
Followed by the BSP at Rs 698.33 crore and the Congress at Rs 588.16 crore.
A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said a representation may be made by petitioner Ashwini Upadhyay to the poll panel or other authorities for consideration.
Sixteen per cent of the candidates contesting in the first phase of Assam assembly elections have declared criminal cases against themselves, according to a report by poll rights group Association for Democratic Reforms (ADR).
Investors willing to pay premium for only software, banking stocks.
India now has three companies in the global top 100 list in terms of market value: Reliance Industries (RIL) ranks 72, Tata Consultancy Services (TCS) is at 86 and HDFC Bank at 99.
Securities and Exchange Board of India on Tuesday said it would introduce Indian depository receipts (on the lines of American Depository Receipts or Global Depository Receipts
The Supreme Court on Tuesday said it will consider whether the pleas challenging the validity of the electoral bond scheme for political funding of parties can be referred to a Constitution bench for an "authoritative pronouncement".
MR Poovamma was a member of the gold-winning 4x400m women's and mixed relay teams in the 2018 Asian Games and also part of the 4x400m relay squad that won the gold at the 2014 Asian Games.
Infosys Technologies Ltd, India's No. 2 software services exporter, said on Friday its board will consider on Sunday a plan to ‘sponsor’ an issue of American Depositary Receipts against existing equity shares.\n\n
About 24 or 31 per cent ministers have declared serious criminal cases including cases related to murder, attempt to murder, robbery etc.
Earlier on Tuesday, the Indian Navy officials, in their statement, informed that 'in an unfortunate incident today at Naval Dockyard Mumbai, 3 naval personnel lost their lives in an explosion in an internal compartment onboard INS Ranvir. Responding immediately, the ship's crew brought the situation under control. There is no major material damage', the officials said.
The stage is set for the high-stakes civic polls in Delhi on Sunday, with poll authorities and security forces all geared up for the elections, largely being seen as a three-way contest among the Aam Aadmi Party, the Bharatiya Janata Party and the Congress.
British Olympic 4x100m relay silver medallist Chijindu Ujah's B-sample has also confirmed an Adverse Analytical Finding (AAF) and his case will be referred to the Court of Arbitration for Sport, the International Testing Agency (ITA) said on Tuesday.
The BJP has the maximum number of such politicians.
The divestment of government holding in Bharat Petroleum Corporation and National Aluminium Company would be undertaken simultaneously in the Indian and American markets, according to Communications and Divestment Minister Arun Shourie.
Congress a distant second with Rs 198.16 crores.
The domestic hospitality industry is looking to 'fly' in 2023 cashing in on India's G20 presidency, having received the 'oxygen' to run in 2022 after being crippled in the past two years by the pandemic. Domestic travel, especially the leisure segment, gave wind to the industry this year and is expected to continue into the next. Industry players believe that as international arrivals are also likely to pick up even further, the outlook for 2023 is buoyant.
Andhra Pradesh's Chandrababu Naidu has emerged as the wealthiest chief minister with declared assets worth over Rs 177 crore, followed by Arunanchal Pradesh's Pema Khandu (over Rs 129 crore) and Amarinder Singh of Punjab (over Rs 48 crore).
'No Indian political party functions in a democratic way.'
Among MLAs with criminal cases, 33 have declared serious cases including cases related to murder, attempt to murder, dacoity, robbery etc.
The 15 Indian entities listed on the New York Stock Exchange and Nasdaq saw their cumulative market value plummet.
Former India all-rounder Yusuf Pathan was on Tuesday handed a five-month retrospective suspension for failing a dope test, a sanction which will end on January 14, after the Board of Control for Cricket in India accepted that the violation was inadvertent.
Regional political parties received a total of Rs 91.37 crore in donations in 2016-17.
