The Congress declared Rs 526 crore as income from unknown sources which is 15.57 per cent of the total income of the national parties from unknown sources, the ADR said.
Nearly 57 per cent of total income of five national parties during financial year 2013-14 was from sale of coupons (smaller donations), a leading election watchdog NGO has said.
As many as 13 (93%) are crorepatis with their average assets pegged at Rs 3.93 crores, the report said.
A three-year-old boy died after he fell from the fifth floor of a club in south Mumbai where his family had gone to watch the FIFA World Cup final, a police official said on Tuesday.
Income of political parties from known donors was Rs 1,835.63 crore, which is 16 per cent of their total income.
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 Medicines and Healthcare Products Regulatory Agency said in its latest Yellow Card monitoring of the coronavirus vaccine programme this week that of the 18.1 million people who had the Oxford vaccine in the UK, 30 people developed blood clots and seven had died as of March 24.
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.
The income of these parties from "unknown" sources was Rs 689.44 crore, which is 53 per cent of their total income.
The Supreme Court on Thursday directed the Election Commission of India (ECI) to produce before it in sealed cover the "up to date" data of funds received by political parties through electoral bonds till September 30, 2023.
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".
Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.
'ADR's success is its ability to remain non-partisan for a very long period, sheer professionalism and tenacity, and that makes it one of the good things to happen to our democracy.'
The driver of the car in which Cyrus Mistry was travelling lost control due to overspeeding and rammed into the divider, said Palghar Police sources on Sunday.
Re-elected MLAs from the ruling party added more wealth in the last five years than re-elected candidates from other political parties, shows an analysis of ADR electoral data.
The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.
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).
It keeps getting harder every day for the government to drive its narrative that ample jobs are being created. They sound increasingly silly as they try to defend the indefensible, says Mahesh Vyas.
The BJP, which has been taking potshots at the Akhilesh Yadav government over lawlessness in the state finds itself in no position to take a high moral ground.
There are a total 623 candidates in the fray, and affidavits of eight of them could not be analysed because they were either badly scanned or incomplete, the ADR said.
The University Grants Commission (UGC) on Friday declared 21 universities as "fake" and not empowered to confer any degree, majority of which are in Delhi followed by Uttar Pradesh.
The market breadth has turned sharply positive since May amid hopes that a decline in Covid-19 infections will lead to a revival in the economy. At 3.8, the advance-decline ratio (ADR) for May was the best since June 2020. So far this month, the ratio has remained above three - in simpler words, for every declining stock, there were nearly four advancing stocks in May and three this month. ADR is a popular market breadth indicator, with a ratio of more than two signalling an extremely bullish undercurrent.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
After years of being sequestered by the pandemic, some intrepid travellers are planning to settle their score with the novel coronavirus. With fewer or no travel curbs, they are eager to get back on the road, again. Hotels and tour operators, too, are eager to shed excess Covid baggage. And this year's Diwali promises to add that extra layer sparkle with the introduction of new flights.
The total income of seven political parties from unknown sources was Rs 2,512.98 crore in 2018-19.
About 24 or 31 per cent ministers have declared serious criminal cases including cases related to murder, attempt to murder, robbery etc.
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
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.
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.
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.
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.
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
Congress a distant second with Rs 198.16 crores.
For some of the business majors, the fund outgo for the 2019 elections has risen as much as 15 to 20 times, compared to the amount given to political parties five years ago.
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".
Among MLAs with criminal cases, 33 have declared serious cases including cases related to murder, attempt to murder, dacoity, robbery etc.
Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.
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.
According to the ADR analysis, during the period 2016-18 business houses donated a total of Rs 985.18 crore, constituting 93 per cent of the total contribution to political parties from known sources.
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