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Page 4 - Electoral Bond

SBI submits all electoral bond details, including unique numbers, to ECI

The unique numbers would match the buyers and the recipient political parties of the electoral bonds

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Updated On : 21 Mar 2024 | 9:45 PM IST

EC releases electoral bonds data with bond numbers: See full list

The data also include details of redemption by political parties, including serial number, date of encashment, and name of political party, among other information

EC releases electoral bonds data with bond numbers: See full list
Updated On : 21 Mar 2024 | 7:23 PM IST

Gaps remain in electoral bond information despite additional disclosures

The Election Commission of India is set to release information on serial numbers enabling matching of donors with the parties to which they donated money

Gaps remain in electoral bond information despite additional disclosures
Updated On : 21 Mar 2024 | 5:11 PM IST

SBI furnishes complete electoral bond details with serial numbers to ECI

The move comes after the apex court had pulled up State Bank of India for giving 'selective details' and asked it to provide complete details regarding the electoral bonds scheme

SBI furnishes complete electoral bond details with serial numbers to ECI
Updated On : 21 Mar 2024 | 4:21 PM IST

Highlights of the day: Fed keeps key rates unchanged at 5.25-5.50%

Latest news updates: Catch all the news updates from around the world here

Highlights of the day: Fed keeps key rates unchanged at 5.25-5.50%
Updated On : 20 Mar 2024 | 11:59 PM IST

BJP engaged in extortion by misusing ED and CBI raids: Akhilesh Yadav

"The government has made extortion strategies, and now with the electoral bonds it has been proven that no one could have done extortion the way the BJP has done," said Yadav

BJP engaged in extortion by misusing ED and CBI raids: Akhilesh Yadav
Updated On : 20 Mar 2024 | 9:45 AM IST

Future Gaming, others halted govt's plans to amending lottery rules

The Ministry of Home Affairs proposal to amend Lottery Regulation Act was junked due to resistance from influential market players like Santiago Martin, an Economic Times report has claimed

Future Gaming, others halted govt's plans to amending lottery rules
Updated On : 19 Mar 2024 | 10:48 AM IST

India's key Opposition alliance flounders as general elections near

India's finance minister last week defended the electoral bonds, saying cash received under the system was "legitimate"

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Updated On : 19 Mar 2024 | 9:01 AM IST

India's key Opposition alliance flounders as general elections near

India's finance minister last week defended the electoral bonds, saying cash received under the system was "legitimate"

India's key Opposition alliance flounders as general elections near
Updated On : 19 Mar 2024 | 9:00 AM IST

Supreme Court directs SBI to disclose all poll bond details by March 21

Refuses to hear industry bodies' plea against sharing alphanumeric codes

Supreme Court directs SBI to disclose all poll bond details by March 21
Updated On : 19 Mar 2024 | 12:26 AM IST

Biju Janata Dal gets the lion's share of non-metro electoral bonds

The BJD received a total of Rs 944.5 crore. This includes Rs 213.5 crore in 2018-19, Rs 50.5 crore in 2019-20, and Rs 67 crore in 2020-21

Biju Janata Dal gets the lion's share of non-metro electoral bonds
Updated On : 18 Mar 2024 | 11:17 PM IST

SC refuses to entertain submissions of Assocham on electoral bonds details

Not ordering disclosure of details of electoral bonds prior to April 12, 2019 was a "conscious choice" by the Constitution bench, the Supreme Court said on Monday while refusing to entertain the submissions of ASSOCHAM and CII against the disclosure of bond details on the ground of their plea not being listed. A five-judge Constitution bench headed by Chief Justice D Y Chandrachud referred to the April 2019 interim order passed by the apex court in the case. On April 12, 2019, the top court had issued an interim order directing that the information about the donations received and donations which will be received must be submitted by political parties to the EC in a sealed cover. On Monday, the bench refused a hearing on unlisted pleas of industry bodies, Associated Chambers of Commerce & Industry of India (ASSOCHAM) and Confederation of Indian Industry (CII) against the disclosure of bond details. When senior advocate Mukul Rohatgi, appearing for ASSOCHAM and CII, referred to the

SC refuses to entertain submissions of Assocham on electoral bonds details
Updated On : 18 Mar 2024 | 8:08 PM IST

Industry bodies ask SC to defer release of electoral bond numbers

The apex court said that the industry bodies could not be given any precedence over other applicants and their plea was not listed for the hearing

Industry bodies ask SC to defer release of electoral bond numbers
Updated On : 18 Mar 2024 | 6:34 PM IST

Election Commission makes fresh electoral bonds data public: See full list

BJP encashed electoral bonds totaling Rs 6,986.5 crore; Congress redeemed a total of Rs 1,334.35 crore through electoral bonds

Election Commission makes fresh electoral bonds data public: See full list
Updated On : 18 Mar 2024 | 5:25 PM IST

Electoral bonds dropped at office, got by post: Political parties on donors

Several political parties declined to share details of electoral bond donors citing various legal provisions, while others said they received the funding instruments through "drop box" or by post without any name. The DMK, which received most of its donations from a lottery firm, reached out to its donors to seek details of the electoral bonds as demanded by the Supreme Court in 2019. The BJP cited the amendments to the Representation of People Act, 1951 and the relevant portions of the Reserve Bank of India Act and the Income Tax Act for not revealing its donors. "It is duly submitted that the electoral bonds were introduced with the aim of bringing only accounted for funds in political funding while protecting the donors from any consequences, therefrom," the BJP said in its letter to the Election Commission. The Congress shot off a letter to the State Bank of India (SBI) seeking details of donors of electoral bonds, the amount, the bank account in which it was credited and the .

Electoral bonds dropped at office, got by post: Political parties on donors
Updated On : 18 Mar 2024 | 5:01 PM IST

SBI to make complete disclosure of electoral bonds details by March 21: SC

The Supreme Court on Monday directed the State Bank of India to make a complete disclosure of all details related to electoral bonds, including the unique bond numbers that would disclose the link between the buyer and the recipient political party, by March 21. A five-judge constitution bench headed by Chief Justice D Y Chandrachud said there is "no manner of doubt" that the SBI is required to disclose complete details of the bonds. It directed the SBI chairman to file an affidavit before it by 5 pm on March 21 indicating that the bank has disclosed all the details. During the hearing, the bench, also comprising Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra, observed that the SBI can't be selective and has to disclose all "conceivable" electoral bond details in its possession, including unique bond numbers that would disclose the link between the buyer and the recipient political party. The bench said the apex court had, in its verdict in the electoral bonds cas

SBI to make complete disclosure of electoral bonds details by March 21: SC
Updated On : 18 Mar 2024 | 3:00 PM IST

'Pradhan Mantri Hafta Vasuli Yojana': Cong's swipe over electoral bonds

Stepping up its attack on the Centre over the electoral bonds issue, the Congress on Monday accused the Modi government of "hafta vasuli" (extortion) and claimed that a total of 21 firms which have faced investigations from the CBI, ED, or IT, have donated through electoral bonds. Congress general secretary Jairam Ramesh said that with each passing day, more examples emerge on the true depths of the "electoral bond scam". "Today, we zoom in on the 'Pradhan Mantri Hafta Vasuli Yojana', the second of the four channels of corruption in the Electoral Bond Scam: 1.Chanda Do, Dhandha Lo 2.Hafta Vasuli," Ramesh said in a post on X. On November 10, 2022, the Enforcement Directorate (ED) arrested P Sarath Chandra Reddy, the director of Aurobindo Pharma, in connection with its money laundering case pertaining to alleged irregularities in the Delhi government's liquor policy and five days later, on November 15, Aurobindo Pharma donated electoral bonds worth Rs 5 crore, he claimed. "Navayuga .

'Pradhan Mantri Hafta Vasuli Yojana': Cong's swipe over electoral bonds
Updated On : 18 Mar 2024 | 11:48 AM IST

Elections 2024: Electoral bonds may not be Opposition's core campaign issue

Without establishing quid pro quo and given their own handicaps, it is unlikely the Opposition parties can present an effective narrative about 'corruption' involving electoral bonds to the voters

Elections 2024: Electoral bonds may not be Opposition's core campaign issue
Updated On : 18 Mar 2024 | 9:24 AM IST

BS CEO poll: Electoral bond saga won't sway voters, say biz captains

Most rate Modi govt highly on governance, development fronts

BS CEO poll: Electoral bond saga won't sway voters, say biz captains
Updated On : 17 Mar 2024 | 11:51 PM IST

Future Gaming & Hotel accounts for 77% of DMK's electoral bond receipts

The latest dataset released by the EC included scanned copies of the disclosures made by the political parties, running into hundreds of pages

Future Gaming & Hotel accounts for 77% of DMK's electoral bond receipts
Updated On : 17 Mar 2024 | 10:43 PM IST