The cumulative seizure of such illegal inducements in the five poll-going states -- Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab -- stood at Rs 1,039.50 crore, the sources said, adding that it included drugs worth Rs 571.34 crore.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
The manner in which Members of Legislative Assembly spent their funds during the recent four-state assembly elections is something that needs to be looked into.
In a first, central paramilitary forces will be deployed at all 62,779 polling stations during the 5-phase Bihar assembly polls, the Election Commission said on Monday.
In fresh trouble for former Maharashtra chief minister Ashok Chavan, the Election Commission on Sunday slapped a showcause notice on him for failing to lodge his election expenses as per law in a paid news case and asked him why he should not be disqualified.
The massive crowds during the Lok Sabha election rallies of Prime Minister Narendra Modi that defined the historic win of Bharatiya Janata Party seem to have taken their toll on a member of Parliament from Rajasthan.
Of Rs 1,034.27 crore, the ruling party spent Rs 606.64 crore, while the Congress spent Rs 149.65 crore of its Rs 225.36 crore.
S Y Quraishi assumed charge as new chief election commissioner of India on Friday.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
On the directive of the Hyderabad High Court, the BCCI, on Tuesday, appointed Ratnakar Shetty as observer for the one-off Test match between India and Bangladesh, scheduled to be held in Hyderabad from Thursday.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Tamil Nadu, Kerala, West Bengal, Assam and the Union Territory of neighbouring Puducherry are likely to go to polls in April or May.
The Election Commission has done its homework pretty well on political hashtags, observes ad guru Sandeep Goyal.
In the run-up to the 2024 Lok Sabha elections, political parties are extensively using social media to propagate their achievements and seek support from voters.
This is not an election Budget in the sense that I might target the voter in the coming elections. But if you look beyond this round of state elections, and tilt the periscope to graze at the more distant horizon, see how the Narendra Modi government wishes things looking by the summer of 2024, observes Shekhar Gupta.
India's economic growth will be above 6 per cent in the current fiscal as the country has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Monday. Goyal further said that a global slowdown reducing India's export growth, geopolitics fueling oil and food prices, and erratic weather are some of the continuing risks that the country faces. "India has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks.
'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'
On Saturday, in locations including Korukkupet at R K Nagar allegations of cash distribution were made against some men, whose identity was not known immediately.
Will the EC would make an example of the RK Nagar by-election, either by ensuring free and fair polls or by countermanding the same, asks N Sathiya Moorthy.
'The diversity of geography and demography of India is truly reflected in the challenges faced during the election process.' 'International observers have never been encouraged in India. The internal system of monitoring by neutral and senior government officers has become time tested and proving to be very useful during elections.' We, at the Commission, have to continuously strive to do things right and make sure that we conduct elections which are credible and transparent,' India's Chief Election Commissioner V S Sampath tells Radhika Rajamani/Rediff.com in an exclusive interview.
'Initially, we had 48 teams, now it has been enhanced to 133 teams: that is for every 10 to 12 villages, there is a team that is working round the clock.' '133 x 3, that is, given the 8-hour shifts.' 'They are monitored every hour, they are equipped with GPS -- everything is tracked live, real time, from the control room.'
It said it won't respond to the averment to prove its image.
Political parties will have to bear the expenses on inviting star campaigners but in case a candidate shares dais with the star or exhibits his photo or poster with his name, the money spent will be included in his account, Delhi Election Commission said.
Deputy Election Commissioner Umesh Sinha said here that that it has now been established the amount belongs to SBI.
Rajasthan is all set to vote on Saturday to elect members of a new assembly with the Bharatiya Janata Party aiming to unseat the ruling Congress, which is fighting hard to change the trend of alternate governments in the state.
The Supreme Court had observed that issues of national economic interest; disclosure of information regarding currency or exchange rates/interest rates/ taxes; regulation or supervision of banking, insurance and other financial institutions; proposals for expenditure or borrowing, and foreign investments, could all, in some cases, harm the national economy, especially if released prematurely.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Counting of votes in all elections will be held on May 2.
The apex court, which dismissed the pleas filed by the West Bengal government and the State Election Commission (SEC) challenging the high court order, said the tenor of the high court order was ultimately to ensure free and fair election in the state.
Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. "What we have been observing for quite some time now is that India has been growing at a very robust rate. "It's one of the star performers when it comes to real growth when you look at peer countries.
Banks asked to maintain record of cash being ferried in these vehicles all the time
B R Ambedkar's fears about personality cults in politics and money power in elections seem to be coming true, says Nitin Desai
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
The candidates contesting the upcoming Lok Sabha polls will now be able to spend Rs 40 lakh, an increase of Rs 15 lakh from the last poll expenditure limit.
While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.
The SBI said its officials were ferrying Rs 570 crore after the Reserve Bank of India asked them to, to address a temporary cash shortage in Andhra Pradesh.
'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
Counting of votes would be take place on March 3
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
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