Election Financial News

earlier submitted the data to the ECI. Let’s take a look at 10 key takeaways. 1.

₹2 per litre each, effective from 6 am today (March 15). This is the first time since May 2022 that petrol and diesel prices have been reduced in the country and come days ahead of the 2024 Lok Sabha Elections.

PM Modi, Rishi Sunak discuss ‘early conclusion’ of Free Trade Agreement Though Sunak had repeatedly said his “working assumption" was that he would call it in the “second half" of 2024, his previous failure to explicitly rule out a May vote saw rumors build that he was considering a snap election if he judged that his political position was coming under threat. The prime minister has been under particular pressure in recent days after a series of controversies that provoked mounting criticism from within his own governing Conservative Party, including over racist remarks allegedly said by a top Tory donor.

Catch the latest updates on the Electoral Bond news on Mint's LIVE blog:The Bharatiya Janata Party (BJP), Trinamool Congress, and the Congress Party were among the top political parties that received a lion's share of funds from the electoral bonds.According to the Mint's analysis, only seven out of the 30 Sensex firms featured in the list that purchased electoral bonds since April 2019:According to the Election Commission's website, the list of top entities which purchased electoral bonds to make political donations are-Future Gaming and Hotel Services purchased bonds worth ₹1,368 crore while Megha Engineering and Infrastructure Ltd at ₹966 crore.

Megha Engineering and Infrastructure Ltd head the list of donors to parties through electoral bonds. Late on Thursday, the Election Commission of India (ECI) published details of bond buyers and beneficiaries since April 2019, as per the Supreme Court’s orders, ahead of the 18th Lok Sabha elections. The data release provides details of electoral bonds worth over Rs 12,000 crore. The information was provided by State Bank of India (SBI), the sole seller of the bonds, and published by the ECI. Other donor names include the Bharti Group and Vedanta. The information clearly shows the ruling Bharatiya Janata Party (BJP) got the lion’s share over the years, something that’s also clear from the party’s own annual audit reports.

EMPS). They also need to provide a three-year or 20,000-km comprehensive warranty to two-wheeler buyers — and an 80,000-km warranty on three-wheelers — to be eligible for the scheme. EMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers’ comprehensive warranty will have to cover the EV battery, the most crucial component of the vehicle, besides ensuring that there are adequate facilities for after-sales service for the life of sold vehicles,” a senior government official told ET.

Adhir Ranjan Chowdhury, the sole Opposition representative in the search panel that selected the two election commissioners, expressed his dissent by pointing out "procedural lapses" in the selection process. He has questioned the rationale and motive of the government in providing him a list of «212 names» as probable candidates when he arrived at Wednesday midnight in Delhi and then handing him over a shortlist of «six names» just «10 minutes before the search committee meeting» on Thursday noon. In his note of dissent, Chowdhury is learnt to have questioned the rationale and fairness of the composition of the search committee by saying it ensured «no decisive say» for the sole Opposition nominee in the matter of selection as the overwhelming majority of the government representatives in the panel made the ruling side's preference «a fait accompli». During the meeting, Chowdhury is also learnt to have briefly mentioned his disappointment about the government not including the Chief Justice of India in the search committee. He reportedly pointed out that no reason has been provided for the abrupt resignation of election commissioner Arun Goel a few days ago and also the delay in filling up the second vacancy of the EC, caused by the retirement of the incumbent last month.

IPL 2024 matches will be broadcast live in MENA countries such as United Arab Emirates (UAE), Qatar, Saudi Arabia, and nations. Mumbai Indians (MI), Chennai Super Kings (CSK), Kolkata Knight Riders (KKR), Gujarat Titans (GT), Rajasthan Royals (RR), Punjab Kings, Royal Challengers Bangalore (RCB), Lucknow Super Giants (LSG), Sunrisers Hyderabad (SRH), and Delhi Capitals will feature in this year's tournament.

SBI Electoral Bonds data LIVE updates: The Election Commission of India (ECI) on Thursday uploaded the electoral bond data on its website in compliance with the February 15 order of the Supreme Court. The electoral bond data, compiled by the State Bank of India (SBI) lays down two sets of information- one related to the name of the purchaser date, and denomination of the bonds.

₹2 per litre across all states. The fuel price reduction comes one week after cooking gas or LPG (liquified petroleum gas) prices were slashed by ₹100 per cylinder ahead of the schedule announcement of Lok Sabha elections 2024. State-run oil refiners such as Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL), and Hindustan Petroleum Corp Ltd (HPCL) and oil explorers such as Oil and Natural Gas Corp (ONGC), Oil India, and others may witness a slide in their respective stocks as the reduction in retail rates passed on to consumers may hurt the refining margins and inventories of the companies.

NEW DELHI : Simultaneous state and national elections will fuel growth, cool inflation and raise spending quality, a top government panel said, making a pitch for the so-called ‘one nation one election’ backed by the ruling Bharatiya Janata Party (BJP) for long. On average, real GDP growth after simultaneous polls was comparatively higher than otherwise, the panel led by former President Ram Nath Kovind said. The committee submitted its report to President Droupadi Murmu on Thursday, recommending Constitutional amendments to facilitate concurrent polls.

NEW DELHI : State-run oil marketing companies (OMCs) have decided to cut the price of petrol and diesel by around ₹2 per litre with effect from 6am on Friday. With the revision in prices, petrol will be sold at ₹94.72 per litre in the national capital, against the current price of ₹96.72.

Bhajanlal Sharma government in Rajasthan on Thursday announced a 4% hike in dearness allowance (DA) of state government employees and pensioners ahead of the upcoming Lok Sabha elections. The decision to hike the dearness allowance by 4% was taken in the state cabinet meeting held in Jaipur on Thursday evening. Speaking with the media after the cabinet meeting, Chief Minister Bhajanlal Sharma said in line with the central government employees, his government has increased the dearness allowance by 4 %.

Mint analysis of the data released by the Election Commission of India (ECI) on Thursday. Until the Supreme Court quashed the scheme last month, purchasing an electoral bond effectively meant making a political donation that could later be encashed by a political party. The list detailed bonds worth ₹12,155.51 crore purchased by over 1,300 companies in nearly five years.

PIYUSH GOYAL, MUMBAI LOCAL TRAIN, SIDDHIVINAYAK MANDIR, LOK SABHA ELECTIONS, PIYUSH GOYAL RIDES MUMBAI LOCAL TRAIN, PIYUSH GOYAL VISITS SIDDHIVINAYAK MANDIR, BJP : Piyush Goyal—the Minister of Commerce and Industry and Consumer Affairs—who will face his first electoral debut in the upcoming Lok Sabha elections, on Thursday embarked on a journey aboard a Mumbai local train. The minister who spent his childhood in Mumbai expressed his nostalgia for the city while admiring the resilience, perseverance, and hopeful spirit of the financial capital of the country.

Bar and Bench reported. The Supreme Court will now the matter regarding the compliance with its orders in connection with electoral bonds case. While scrapping the Centre's Electoral Bond scheme, the Supreme Court had asked the State Bank of India (SBI) to furnish details of the electoral bonds to the Elections Commision.

WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election.

President Droupadi Murmu on Thursday. The report mentions the list of political parties who were in favour and against the concept of holding simultaneous Lok Sabha and assembly elections.

Narendra Modi. However, there has been no official confirmation of the same. The Leader of Opposition in Lok Sabha, who attended the meeting to pick new election commissioners alleged that the process was “rigged".

Lok Sabha polls. Kalyan is a known Telugu actor and heads the JSP. After suffering a crushing defeat in the 2019 Lok Sabha elections, the TDP, which was part of the BJP-led National Democratic Alliance until 2018, expressed interest in reviving the alliance.

Samajwadi Party leader Shivpal Singh Yadav on Thursday started his Lok Sabha poll campaign in Badaun in western Uttar Pradesh with a 'Jan Sampark Yatra' and claimed that the INDIA bloc will defeat the BJP on all 80 seats in the state. Yadav, who has been fielded by his party from Badaun Lok Sabha seat, also said that the ruling BJP is not finding a candidate against him. Earlier in a post in Hindi on X, Yadav said he shares a decades-long relationship with the region. «I have several stories and memories related to Badaun,» he added. The SP leader also shared a couplet of famous poet Shakeel Badayuni along with his post on the microblogging platform.