The iShares MSCI India ETF (INDA), a key indicator of US investor sentiment toward Indian equities, dropped 1 percent intraday following the announcement
The ECI had said that Aadhaar and ration cards can be obtained through fraudulent or falsified documentation. ADR argued that other 11 documents accepted by the ECI are equally susceptible to being forged.
Justice Dutta wrote a separate, 18 page-judgement, in which he stated that “certain vested groups” are endeavouring to undermine the nation’s accomplishments, “earned through hard work and dedication”.
HSBC has a 'buy' call on the stock with a target price of Rs 1,750 per share after the lender in Q4FY24 reported deposit performance that exceeded street estimates of Rs 12-13 lakh crore.
The Congress declared the second-highest income of Rs 452 cr, which forms 14.7% of the total income of the six national parties
The average worth of assets per MP from Lok Sabha and Rajya Sabha is Rs 38.33 crores and 53 (seven per cent) are billionaires, the ADR said.
West Bengal Chief Minister Mamata Banerjee has the lowest total assets of about Rs 15 lakh, the ADR said.
Among the parties, the BJP topped the list with Rs 1033.70 crore donations as electoral bonds, while All India Trinamool Congress (AITC) received Rs 528.143 crore.
According to a report by the Association for Democratic Reforms (ADR), the total donations (above Rs 20, 000) declared by the national parties for 2021-22 was Rs 780.774 crore from 7,141 donations.
Of these 40 MLAs, 29 members (16 per cent of a total 182) are facing serious criminal cases, such as the attempt to murder and rape, the ADR analysis showed. Among the 29 members, 20 belong to BJP, four to Congress, two are from Aam Aadmi Party, two are Independents, and one is from Samajwadi Party.
The case which has remained pending for several years raises questions about the scheme which allows political parties to sell electoral bonds without having to disclose details about the donor.
Available data shows that over 41 million cases are pending in the district courts, 5.9 million in the high courts and 71,000 in the Supreme Court. Systemic change is needed to reduce the backlog, experts say.
According to the poll rights organisation ADR, more than 70% of the recently sworn-in ministers in Bihar have filed criminal charges against themselves.
The report by ADR showed that among the major parties, 23 of the 24 members from the Bharatiya Janata Party (BJP) declared assets valued at more than Rs 1 crore each.
“If it was not for COVID, we would have heard these matters…”, Chief Justice of India NV Ramana said after Prashant Bhushan, representing the petitioner Association for Democratic Reforms, sought urgent listing of the plea owing to the scheme's significance for political funding.
By relegating water management to the sidelines, we impede true progress in women’s education and employment in India.
More than a fourth (26%) of the candidates contesting the 2022 Goa Assembly elections have criminal cases against them, 62% candidates are crorepatis, and 42% are college graduates or higher.
The highest number of MPs/MLAs, 177 or 35 percent, left the Congress to join another party during the elections held in this period, the report said.
In a new report, the ADR said the BJP declared a total income of Rs 3,623.28 crore during the financial year 2019-20, but spent only 45.57 percent (Rs 1,651.022 crore) of it.
The income from unknown sources refers to the funds declared in the Income Tax returns without naming the source for donations below Rs 20,000.
Donations for the BJP increased from Rs 437.04 crore during 2017-18 to Rs 742.15 crore during 2018-19, a rise of 70 per cent, the ADR said.
The number of Lok Sabha election candidates with cases of crimes against women went up from 38 to 126, an increase of 231 percent, during the period, an ADR report said.
The Indian government should nevertheless take the rebalancing as a wake-up call to push India’s weight in the MSCI index higher
The average assets per sitting MP for Lok Sabha 2014 elections are Rs 14.72 crore.
The ADR on Wednesday released the findings of an analysis of six national parties' IT returns and donation statements filed with the Election Commission.