India

Election Commission Releases Data on Electoral Bond Transactions

The Election Commission of India has met the Supreme Court’s deadline by releasing electoral bond transaction data on its website. The data, received from the State Bank of India (SBI) on March 12, includes information on entities purchasing the now-defunct electoral bonds and political parties redeeming them.

The Supreme Court had mandated the EC to disclose details of donors, donation amounts, and recipients following its ruling declaring the electoral bonds scheme unconstitutional. Despite the SBI’s request for an extension until June 30, the apex court rejected it and instructed the bank to provide all necessary information to the Election Commission by Tuesday’s end.

This is a developing story. Follow up for more updates.

Kavya Bhatt

Recent Posts

India Strengthens Economic Ties With EFTA: A New Era Of Growth And Partnership

India’s growing partnership with the European Free Trade Association (EFTA) offers promising opportunities for economic…

13 hours ago

Apple’s Projected Revenue Surge In 2024, Driven By iPhone 16e Launch

Apple is set to generate an estimated $11 billion in revenue from iPhone sales this…

13 hours ago

PM Modi Emphasizes Leadership’s Role In National Progress At SOUL Conclave

PM Modi highlighted vital role of leadership in driving national progress, stressing need for a…

13 hours ago

Uttar Pradesh Chief Minister Highlights Growth Plans to Achieve $1 Trillion Economy Goal

UP CM Yogi Adityanath reaffirmed the state's commitment to reaching a $1 trillion economy by…

13 hours ago

NPS AUM Set To Double, Expected To Reach Rs 29.5 Lakh Crore In 5 Years

The National Pension System (NPS) is poised for significant growth, with AUM expected to more…

14 hours ago

NCS Portal Hits Milestone, Mobilizes Over 440 Million Vacancies And Registers 4 Million Employers

India’s National Career Service (NCS) portal has made significant strides in connecting job seekers and…

14 hours ago