The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.
Megha Engineering and Infrastructures Limited was the top donor to the Bharatiya Janata Party at Rs 584 crore and the Bharat Rashtra Samiti at Rs 195 crore.
The proposal for American Depository Receipts by Nasdaq-listed Internet and eCommerce major Sify is aimed at creating "liquidity" for its Indian shareholders, according to a top company official.
"The voter turnout data for the first two phases of the ongoing 2024 Lok Sabha elections published by ECI on April 30 has been published after 11 days of the first phase of polling... on April 19 and four days after second phase of polling... on April 26.
In financial year 2020-21, the BJP declared assets worth Rs 4,990 crore, up by 21.17 per cent to Rs 6,046.81 crore in 2021-22.
Underscoring the importance of voter satisfaction and trust in the electoral system, the Supreme Court on Thursday told petitioners who sought its direction to go back to using ballot papers not to suspect the efficacy of Electronic Voting Machines (EVM) and appreciate if the Election Commission does good work.
Between 2016-17 and 2021-22, the last year for which the data is available, seven national parties and 24 regional parties received a total donation of Rs 9,188.35 crore through electoral bonds.
According to the report, 32 (73 per cent) out of 44 candidates analysed from the Rashtriya Janata Dal have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.
Mumbai accounts for the largest share of electoral bonds sold since inception.
Twenty-nine of the 30 incumbent chief ministers are crorepatis with Andhra Pradesh's Jagan Mohan Reddy having the highest assets totalling Rs 510 crore, according to poll affidavits analysed by the Association for Democratic Reforms (ADR).
The move, which requires approvals from the finance ministry and the Reserve Bank, will ensure that managements do not gain undue control over companies.
The portion of 'none of the above' option or NOTA dropped from 1.08% in 2014 to 1.06% in 2019.
The portion of 'none of the above' option or NOTA dropped from 1.08% in 2014 to 1.06% in 2019.
The report prepared by ADR also stated that 81 per cent are crorepatis.
In the last five years, 480 candidates with declared cases related to hate speech have contested elections to state assemblies, the Lok Sabha and the Rajya Sabha, the ADR said.
The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.
Out of the sitting MPs with serious criminal cases against them, nine face murder cases. The analysis revealed that five of these MPs belong to the BJP.
US stock market indices may be performing better than India's popular benchmark Sensex, but individual Indian stocks have outshined their own American Depositary Receipts by up to 25 per cent in the past one year.
In Kerala, 95 out of 135 MLAs, accounting for 70 per cent, have declared criminal cases against themselves.
The Supreme Court on Monday agreed to hear on May 17 a plea of an NGO seeking a direction to the Election Commission to upload polling station-wise voter turnout data on its website within 48 hours of conclusion of polling for each phase of the Lok Sabha elections.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
All political parties put together received more than Rs 12,000 crore till last fiscal since the introduction of the now-annulled electoral bond scheme in 2018, of which the ruling BJP got nearly 55 per cent or Rs 6,565 crore, according to the data available with Election Commission and Association for Democratic Reforms (ADR).
In 2023, this number has dropped to 90, nearly 39 per cent of the 230-member House, an ADR report said.
Around 62 per cent newly-elected legislators have criminal cases against them in Kerala, while 32 per cent in West Bengal face serious charges including murder and crime against women, a report said on Friday.
In a circular issued recently, the RBI has directed all banks that have issued GDRs or ADRs to take prior consent of the RBI before amending any agreement
The woman, hailing from Kerala, was undergoing training at the INS Hamla in Malwani area in the western suburb of Malad, an official said.
'Rather than criticising the kind of candidates fielded by political parties from our living rooms, NOTA in a sense implores the electorate to say this by turning up in person at a polling booth to ensure their protest is registered.'
The Association for Democratic Reforms, an non-government organisation working for electoral reforms, while supporting Election Commission's order to seize unaccounted cash in poll-bound states, has noted that legitimate business transactions based on cash should not suffer.
The BJP leads with 23 percent of its 90 Rajya Sabha members having declared criminal cases against themselves.
Shiv Sena (UBT) MLA Aaditya Thackeray has moved the Bombay high court seeking to be heard before any order is passed in a public interest litigation demanding a CBI probe in connection with the deaths of actor Sushant Singh Rajput and his former manager Disha Salian.
Infosys Technologies, India's No. 2 software services exporter, is undecided on the timing of its proposed American Depositary Share issue, a company official told Reuters on Friday.\n\n\n\n
A bench of justices Sanjiv Khanna, Dipankar Datta and Augustine George Masih told the petitioners, who pointed out that a meeting for the selection of ECs was pre-poned, to file a separate application pointing out the fact.
India topped the global chart for total amount raised through American depository receipts (ADRs) this year (January-July), beating China and Taiwan.
Patni Computer Systems Ltd on Monday said it would raise up to $150 million additional capital by the issue of American Depository Receipts.
The ruling BJP's income forms 76.73 percent of the total income of the six national parties during FY 2022-23, it said.
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