Chastising the State Bank of India, the Supreme Court on Monday ordered it to disclose the details of the electoral bonds encashed by political parties to the Election Commission by the close of the business hours on March 12 and warned the country's largest public sector lender that the court may proceed against it for 'wilful disobedience' if it failed to comply with its directions and deadlines.
Jadeja was keen to reconnect with longtime teammate and bowling partner, Ravichandran Ashwin.
Future Gaming of lottery king Santiago Martin was the biggest purchaser of electoral bonds at Rs 1,368 crore, of which nearly 37 percent went to the DMK.
The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.
'So, they have taken away the word Waqf from the Bill.' 'It will now be known as the UMEED Act.'
With new rivalries, fresh team colours, and familiar faces reunited, this isn't just the start of a new season-it's a blockbuster waiting to unfold.
Noting that he fully respects the Supreme Court order on electoral bonds, Union Home Minister Amit Shah on Friday said the scheme was introduced to end black money in politics and added that it should have been improved rather than scrapped.
"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. An analysis of one-year performance of debt funds show that many of the schemes are set to deliver double-digit returns in CY 2024.
In its verdict last month, the top court directed the SBI to furnish the details to the Election Commission (EC) by March 6.
Rajya Sabha MP Kapil Sibal on Friday described the electoral bonds scheme as a 'very big scam' and demanded that a special investigation team (SIT) be set up with court-appointed officials to probe the alleged quid pro quo and wrongdoings under it.
Pahalgam Terrorist Attack: Dombivli families shattered in grief and grit. Demand dignity, justice and answers to unanswered questions.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
It was a surreal feeling for Nehal Wadhera when he found out that Virat Kohli knew him by his first name.
A 56-year-old Indian-origin man and his 24-year-old daughter were shot and killed at a convenience store in Virginia. Police have arrested a 44-year-old man, George Frazier Devon Wharton, in connection with the shooting. Wharton is charged with first-degree murder, attempted first-degree murder, possession of a firearm by a felon, and two counts of use of a firearm in the commission of a felony. The victims were identified as Pradipkumar Patel and his daughter, who were working at the store when the shooting occurred. The owner of the store, Paresh Patel, said the victims were his family members. The shooting sent shockwaves among the Indian community in the United States.
Despite the objections raised by Reserve Bank of India and Election Commission, India's politics has been funded anonymously and it is time to end this, asserts Aakar Patel.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
Virat Kohli presented Kevin Pietersen's son Dylan with an autographed India blue jersey.
The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore ($7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season. This came after an investment of Rs 15,446 crore in the entire December, data with the depositories showed.
Congress general secretary in-charge communications Jairam Ramesh said "surprisingly" the prime minister is grounded in New Delhi on Wednesday and not travelling around the country for new "inaugurations", for rebranding, or for claiming credit for past work.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
Arshdeep Singh, the left-arm seamer who has become a death-overs specialist for Punjab Kings in the IPL, credits constructive self-criticism and continuous improvement for his success.
State Bank of India on Monday moved the Supreme Court seeking an extension of time till June 30 to disclose details of each electoral bond encashed by political parties.
Signed as the brand ambassador of Bank of Baroda, the 51-year-old Tendulkar on Monday went back to his U-15 days, recalling a century he made in the city as a teen batting sensation some 38 years ago.
In a landmark judgment that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme, saying it violates the constitutional right to freedom of speech and expression as well as the right to information.
'Expect FPIs to continue selling for several months until the rupee stabilises.'
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.
Comedian Kunal Kamra has been granted interim anticipatory bail by the Madras High Court in a case filed against him for allegedly making defamatory remarks against Maharashtra Deputy Chief Minister Eknath Shinde during a stand-up comedy show. Kamra, who resides in Tamil Nadu, was summoned by the Mumbai Police and feared arrest, prompting him to seek bail from the Madras HC. The court granted him bail until April 7, on the condition that he executes a bond to the satisfaction of the judicial magistrate at Vanur in Villupuram district, Tamil Nadu.
State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.
Santiago Martin has funded Rs 1,368 crore to political parties between October 2020 to January 2024 through electoral bonds.
It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Reliance said the company is not a subsidiary of any Reliance entity.
A voter's right to know is 'far too important' in democracy than the privacy of a donor, Supreme Court judge Justice Sanjiv Khanna said on Thursday as the apex court scrapped the 2018 electoral bond scheme for funding political parties.
'Election funding needs a little more transparency.'
Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
Megha Engineering and Infrastructure Ltd made a number of electoral bond purchases close to the date of bagging crucial projects, including the all-weather Zojila tunnel that is being constructed at an estimated cost of Rs 4,500 crore in Jammu and Kashmir.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The Congress, on the other hand, earned Rs 171 crore from electoral bonds which was down from Rs 236 crore in FY 2021-22.
Sean Baker broke a record by winning four Oscars just himself for Anora: Best Picture, Best Director, Best Editing and Best Original Screenplay.
rediffGURU T S Khurana answers readers' personal income tax queries.
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