POLL BOND VERDICT
Labour predicted to rout Sunak's Conservatives as Britain goes to polls
Britain is poised to elect Labour Party leader Keir Starmer as the next prime minister, ending the Conservative Party's 14-year rule. Polls indicate a significant lead for Labour, reflecting voter desire for change rather than strong support for the party. Starmer promises a new chapter for Britain, while outgoing Prime Minister Rishi Sunak warns of economic risks under Labour. Labour's lead follows Conservative turmoil, including multiple prime ministers and economic instability. Polls open from 7 a.m. to 10 p.m., with results expected early Friday.
Asian stocks slide, yen wobbles ahead of BOJ verdict
Asian stocks fell as investors reacted to U.S. rate outlook post Federal Reserve's tempered views. Yen was shaky ahead of Bank of Japan meeting.
Stage set for Modi 3.0; which sectors are likely to see growth?
With BJP bagging 240 seats and NDA 291, a much less than expected results in the polls, investors will be looking forward to reviewing their portfolio, prompting predictions on policy recalibration by experts.
These stocks resist market bloodbath to rally up to 4% amid election outcome jitters
Initial poll result trends triggered a market bloodbath but some stocks like HUL, Dabur, and DMart resisted the . NDA leads but may not get a strong majority. Market fell over 7%, with HUL gaining. Analysts predict more correction if NDA falls below 300 seats.
India election 2024: How markets may react to the outcome
India's national election, spanning six weeks and concluding on Saturday, has financial markets eagerly awaiting the verdict after counting on June 4.
GIFT Nifty up 35 points; here's the trading setup for today's session
Tech View: "The recent decline has disrupted the positive momentum, with Nifty falling below its crucial short-term moving average, the 20 DEMA. A decisive break of the 22,400 level could trigger a further drop to the 22,000-22,150 zone. We suggest aligning trades accordingly and adopting a hedged approach," Ajit Mishra, Senior Vice President, Research at Religare Broking.
- Go To Page 1
View: Not-too-Swachh a Bharat? Majority of voters in a pre-poll survey think corruption is up from the last poll
Whom do voters blame for rising corruption? The central or state governments? They blame the central government (25%) a bit more than state governments (18%). But no less than 56% of voters say 'both'.
Govt's hypocrisy knows no bounds: Cong slams Centre for seeking 'modification' in 2G case verdict
Congress criticizes BJP's double standards on 2G spectrum, accusing Modi government of seeking SC approval for non-auction allocation after condemning UPA's administrative allocation as a scam.
From Ponnuswami case to Electoral Bond verdict: How the Supreme Court shaped India's democracy
From interpreting laws to ensuring transparency, India's judiciary has significantly influenced the country's electoral landscape through key legal decisions over the years, impacting processes before, during, and after general elections.
SBI refuses to disclose SOP for sale, redemption of electoral bonds in RTI reply
In its landmark verdict on February 15, the court scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it "unconstitutional", and ordered disclosure by the EC of the donors, the amounts donated by them and the recipients by March 13.
Electoral bonds: Congress demands SC-monitored SIT probe, says scheme used for prepaid, postpaid bribes
Congress accuses BJP of enabling corruption through electoral bonds, demanding SC-monitored probe. Ramesh exposes quick donor-party matches, vows investigations if INDIA bloc wins. Allegations of corporate donations post-raids raise further concerns.
"Accounts of BJP should be seized": Sachin Pilot on electoral bonds
Sachin Pilot welcomed SC's electoral bond verdict, urging BJP's profit clarification and account seizure in Mumbai. Election Commission shared data from SC registry, including pre-April 12, 2019 transactions like DMK receiving Rs 656.5 crore.
EC releases data on electoral bonds: BJP biggest beneficiary; Vedanta, Airtel, Essel among top donors
"In compliance of Hon’ble Supreme Court's directions, contained in its order dated Feb 15 & March 11, 2024 (in the matter of WPC NO.880 of 2017), the State Bank of India (SBI) had provided the data pertaining to the electoral bonds to the Election Commission of India (ECI) on March 12, 2024," the poll body said in a press release.
Electoral bonds: SBI files compliance affidavit, says 22,217 bonds were purchased and 22,030 redeemed
Earlier, in a landmark verdict, the SC had scrapped the poll bond scheme on the ground that it was unconstitutional. The SBI, the only authorised seller of these bonds, was subsequently ordered to share the details with the poll watchdog.
Electoral Bonds case: SC assures listing of ADR's contempt plea against SBI, after bank's 'mala fide' extension request
Electoral Bonds case: The Supreme Court (SC) on Thursday asserted that the Association for Democratic Reforms' (ADR) contempt plea against the State Bank of India (SBI) will be heard on March 11, 2024. This development comes after SBI requested an extension to the deadline for disclosing details of electoral bonds cashed by political parties, missing the earlier set deadline of March 6.
Desperate Modi govt trying to use SBI to bulldoze SC judgment on electoral bonds scheme: Congress
The Congress party has accused the Modi government of using the State Bank of India (SBI) to hide its "dubious dealings" by seeking more time to disclose details of electoral bonds. The SBI has requested an extension until June 30 to provide the information, which the Supreme Court had previously ordered to be disclosed by March 6. The Congress party maintains that the electoral bonds scheme is "opaque, undemocratic, and destroyed the level playing field."
ECI to follow apex court order on electoral bonds issue: Poll panel chief Rajiv Kumar
Chief Election Commissioner Rajiv Kumar stated that the Election Commission will abide by the directives of the Supreme Court regarding the electoral bonds scheme, emphasizing transparency in information dissemination and involvement. Kumar mentioned that the commission's affidavit to the Supreme Court expressed support for transparency, and it will take action as directed by the court once the order is issued.
Beyond electoral bonds, 2024 Lok Sabha polls is an opportunity for voters to break new moral ground
The Supreme Court's verdict deeming electoral bonds unconstitutional raises concerns about the flow of anonymous funds in elections. The Election Commission's efforts to monitor funds during assembly polls have led to significant seizures. The issue of corporate lobbying and the need for voter awareness and ethical voting are also important. In the recent assembly polls in Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana, seizures worth over ₹1,760 crore were reported - seven times more than in 2018 elections.
Electoral Bonds: Why are they banned & how will it affect BJP?
Poll bonds: India’s Supreme Court has banned the use of anonymous electoral bonds by political parties for fundraising. This decision affects funding across party lines but is seen as a setback for the ruling BJP, which benefited the most from the scheme.
"Last 10 years are proof of corporates appeasements": Asaduddin Owaisi hails SC verdict on electoral bonds
AIMIM President Asaduddin Owaisi welcomes Supreme Court's verdict on the electoral bonds scheme, terming it 'unconstitutional' and highlighting BJP's favoritism towards corporates. He questions the legitimacy and transparency of elections since 2017 due to unlimited corporate funding.
Transparency has been hallmark of EC: Poll panel sources on electoral bond verdict
The Supreme Court's verdict annulling the electoral bonds scheme for political funding has been welcomed by Election Commission sources, highlighting transparency as a hallmark of the Commission's approach. The court directed the State Bank of India to disclose details of each electoral bond encashed by political parties, including date and denomination, to the poll panel by March 6. Former Chief Election Commissioner Sunil Arora also emphasized the need for transparency in the system.
SC verdict on electoral bonds: Still a long way to go, says former CEC
The Supreme Court's verdict striking down the electoral bonds scheme is a "great boon for democracy," according to former chief election commissioner S Y Quraishi. The five-judge bench of the apex court, headed by Chief Justice of India D Y Chandrachud, ruled that the scheme violates the right to information and freedom of speech and expression under the Constitution.
Opposition tears into BJP's 'corrupt' electoral bonds scheme after SC calls it unconstitutional
The Supreme Court has ruled against the electoral bond scheme, which was criticized by several opposition leaders. Congress leader Jairam Ramesh praised the decision, stating it would strengthen the power of votes over notes. He criticized the Modi Sarkar government for inflicting injustice on the Annadatas and privileging the Chandadatas.
Electoral bond SC verdict: India will know all info about all donors and receivers, hidden so far, by March 13
Electoral bond case: The State Bank of India, the authorised seller of these poll bonds, was directed by the apex court to provide details of donations made through these bonds, as well as all relevant info on whoever the money went to.
Electoral bonds verdict by Supreme Court: Landmark dates and events
The apex court not just struck down the scheme but also ordered the SBI, the only authorised seller, to furnish all relevant info to the election watchdog in a time-bound manner. The EC will put up these details on its portal, allowing anyone interested to find out who was giving how much money to which political party.
Electoral Bonds Case Verdict: SC unanimously strikes down poll bonds scheme, terms it ‘unconstitutional’
Striking down the validity of poll bonds scheme, the Supreme Court ruled that electoral bonds violate the Right to Information. The Chief Justice of India, DY Chandrachud asked banks to stop selling these bonds and asked SBI to furnish details of donations and parties that got these donations. Narendra Modi's BJP government in 2018 introduced electoral bonds as an alternative to monetary contributions to political parties.
SC rules electoral bonds scheme 'unconstitutional'; Here are the key takeaways from the verdict
The Supreme Court has deemed the electoral bonds scheme "unconstitutional," citing its violation of the right to information. The scheme allowed anonymous corporate contributions to political parties. The court has directed the State Bank of India (SBI) to stop issuing electoral bonds and disclose details of parties that received them. The decision, coming ahead of the Lok Sabha elections, aims to enhance transparency in political funding. The ruling BJP reportedly received significantly more funding through electoral bonds than the Congress, raising concerns about fairness and transparency in political financing.
SC announces verdict on electoral bonds scheme: What is it and how is it connected with poll funding?
The Supreme Court is preparing to announce its decision on the legality of the electoral bond scheme, following a series of petitions challenging its validity. The scheme allows individuals and companies to purchase bonds for political donations, offering tax exemptions and donor anonymity. Critics argue the scheme promotes corruption and violates transparency, while the government asserts it checks illicit money use in elections. The verdict follows a bench's reservation of judgment last November, led by Chief Justice DY Chandrachud.
Load More
