Electoral Bonds Scheme was first introduced by the Narendra Modi government in the year 2018 and since then it has been a significant source for the political parties to get funds. However, the scheme has often been under scrutiny for a long time. The Supreme Court of India struck down the Electoral Bonds Scheme in February this year and directed SBI to disclose details of all the donations to the Election Commission and this has raked up a big controversy. What is the Electoral Bonds case and how is to going to be impacting the upcoming Lok Sabha elections 2024? Watch the video to know more.
07 March,2024 07:33 PM IST
Israeli aircraft struck a compound beneath Al-Ansar Mosque in Jenin in West Bank early on October 22. The IDF has claimed that the compound was used by “Hamas and Islamic Jihad terrorists to plan and execute terrorist attacks”. The Palestinian medics told Reuters that at least one person was killed in this aerial strike by Israel. A resident of the refugee camp said that most of the people were asleep when the attack happened. Israel said the compound beneath Al-Ansar Mosque, in Jenin refugee camp, belonged to operatives from Hamas. IDF shared pictures of the mosque and the weapons recovered from there. IDF also claimed that the mosque was used for planning since July 2023. It has been fifteen days since the outbreak of the recent Israel-Hamas conflict. According to Reuters, over 4,300 Gazans and at least 1,400 Israelis have been killed.
22 October,2023 01:19 PM IST
The monetary policy committee of the Reserve Bank of India voted unanimously to keep the repo rate unchanged at 6.50 per cent. Experts say this means those with existing home loans should see no change in EMIs. However, the question of whether a borrower should choose a floating or fixed rate going. RBI Governor Shaktikanta Das informed about the unchanged repo rate.
10 August,2023 12:27 PM IST | Mumbai
In a fresh incident of train collision in India, two goods trains collided at Ondagram railway station in Bankura in West Bengal on June 25. Several wagons and engines of a goods train derailed in the accident. Rail operation on Kharagpur–Bankura–Adra line was halted for some time. As of now, 11 trains have been cancelled. West Bengal train accident comes days after the horrific triple train collision involving the Coromandel Express and two other trains in Odisha's Balasore that claimed at least 275 lives and injured 1,000.
25 June,2023 01:08 PM IST
Reserve Bank of India (RBI) Governor Shaktikanta Das held a press conference on June 08 where he informed that the monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent. He also spoke about the growth in the Gross Domestic Product (GDP) of India which was recorded at 7.2 per cent in 2022-2023. Earlier, it was estimated to be 7 per cent. He also said that by taking all the factors into consideration, the real GDP growth for the year 2023-24 is projected at 6.5 per cent. “India’s real Gross Domestic Product (GDP) recorded a growth of 7.2 per cent in 2022-23, stronger than the earlier estimate of 7 per cent. It has surpassed its pre-pandemic level by 10.1 per cent...Taking all factors into consideration, the real GDP growth for the year 2023-24 is projected at 6.5 per cent,” said Shaktikanta Das.
08 June,2023 03:49 PM IST | Mumbai
PM Modi’s successful three-nation visit to Japan, Papua New Guinea and Australia highlighted India’s growing stature. From ‘rockstar’ welcome in Australia, Papua New Guinea PM seeking PM Modi’s blessings to Biden asking for his autograph. The sequence of events raised eyebrows in Pakistan, giving the country a reality check about its neighbour’s growing global clout. After PM Modi’s Australia visit, a Pakistani national gave a reality check to his country for drawing comparisons. In a viral video, the man is seen pointing at tricolour-illuminated Sydney Harbour to make Pakistan introspect. Earlier this week, Prime Minister Narendra Modi’s three-nation tour grabbed international attention. PM Modi embarked on a six-day visit to three countries including Japan, Papua New Guinea and Australia on May 19. He first travelled to Hiroshima and participated in the G7 summit, where India was invited as a guest country. During a QUAD meeting, US Prez Joe Biden asked PM Modi for his autograph after discovering about his management of large crowds. From Japan, Prime Minister Narendra Modi embarked on a visit to Papua New Guinea on May 21. Papua New Guinea PM James Marape personally reached the airport to receive him in the evening breaking the protocol. PM Marape touched PM Modi’s feet and sought his blessings upon his arrival at the island nation. He attended the FIPIC Summit which witnessed participation from leaders of 14 countries. PM Modi then visited Australia on May 22 and attended an Indian community event at Qudos Bank Arena in Sydney. As he arrived at jam-packed Arena to address a community event, PM Modi was welcomed with thunderous applause and loud cheers. Australian Prime Minister Anthony Albanese called PM Modi “the boss” while addressing the community event. Albanese's remark came as he compared the crowd for PM Modi with legendary rockstar Bruce Springsteen who is also known as “The Boss” among his fans
26 May,2023 05:29 PM IST
At the community event in Qudos Bank Arena in Sydney, Australia on May 23 Prime Minister Narendra Modi said that wherever there is a disaster, India stands for all to help, and whenever there is a crisis, India stands for the solution. Furthermore, he added that for India the whole world is a family ‘Vasudhaiva Kutumbakam’. PM Modi is on a three-day visit to Australia.
23 May,2023 06:02 PM IST | Mumbai
Former Principal Secretary to Prime Minister Narendra Modi Nripendra Misra on May 22 said that the PM was not keen on the introduction of the Rs 2,000 notes but went along with the advice of his team. “PM Modi was not at all in favour of Rs 2000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it. PM never considered Rs 2000 note as a note of the poor, he knew Rs 2000 has hoarding value instead of the transactional value,” said Nripendra Misra.
23 May,2023 10:57 AM IST | Mumbai
Reserve Bank of India (RBI) Governor Shaktikanta Das while briefing the media persons assured that note of Rs 2000 will remain legal tender despite it being withdrawn from circulation.“Let me clarify and re-emphasise that it is a part of the currency management operations of the Reserve Bank. For a long time, the Reserve Bank has been following a clean note policy. From time to time, RBI withdraws notes of a particular series and issues fresh notes. We are withdrawing the Rs 2000 notes from circulation but they continue as legal tender,” said Shaktikanta Das.
22 May,2023 05:23 PM IST | Mumbai
The Reserve Bank of India on Friday announced the withdrawal Rs 2,000 note, from circulation, adding that the notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but with a limit “Rs 20,000 at a time”. The central bank advised the public to deposit Rs 2,000 notes — introduced during demonetisation in November 2016, into their bank accounts and/ or exchange them into notes of other denominations at any bank branch. It also advised banks to stop issuing Rs 2,000 notes with immediate effect. This decision received praise as well as criticism from political fronts.
20 May,2023 02:29 PM IST | MumbaiADVERTISEMENT
