Bengaluru court orders FIR against Finance Minister Nirmala Sitharaman

BENGALURU: A Bengaluru court in Karnataka has ordered an FIR to be registered against Union Finance Minister Nirmala Sitharaman.The Special Court of People's Representatives in Bengaluru has ordered the registration of an FIR on charges of extortion,according to reports.

The court has given this order in connection with the allegations of extortion through electoral bonds. In fact, Adarsh ????Iyer of Janadhikar Sangharsh Sangathan had filed a private complaint against Nirmala Sitharaman and others.

It has been alleged that extortion was done through electoral bonds.Tilak Nagar police will now register an FIR against Nirmala Sitharaman and others,according to reports.

The central government has launched the Electoral Bond Scheme in 2018. The scheme was intended to replace cash donations given to political parties, so that transparency in political funding could be improved.

Related Business News

Wholesale Inflation Rises to 3.88% in March; Oil and Metals Become Costlier, Sharp Surge in Jewellery Prices

The Wholesale Price Index (WPI)-based inflation rate rose to 3.88 percent in March, up from 2.13 percent in February,the Ministry of Commerce and Industry said on Wednesday. The rise in wholesale inflation in March was primarily driven by an increase in prices of crude petroleum and natural ga....

‘We Will Not Allow China to Buy Iranian Oil’: US Treasury Secretary Scott Bessent

Amid ongoing tensions in the Middle East, the United States has taken a tough stance on China, making it clear that it will not allow Beijing to purchase oil from Iran. US Treasury Secretary Scott Bessent said that the proposed blockade will ensure that no Chinese or other ships can pass throu....

Economy News: Stock market falls and gold-silver prices drop after US-Iran talks fail

Local stock markets witnessed a decline on Monday. The BSE Sensex fell by 703 points, while the NSE Nifty dropped 208 points. The failure of talks between the US and Iran for an agreement, along with fears that the conflict may continue for a long time, caused crude oil prices to rise sharply,....

LPG Crisis Deepens Amid War; Opposition Targets Government Over Black Marketing

NEW DELHI: As the US-Israel-Iran conflict enters its fourth week, the deepening energy crisis is severely affecting households across the country, leading to a growing shortage of cooking gas. Complaints about LPG shortages and rising black marketing have intensified political confrontations an....

Gold prices surge again, silver becomes over Rs10,000 more expensive

BHUBANESWAR: On Wednesday, a sharp rise was seen in the prices of gold and silver. As a result, the price of 24-carat gold reached over ?1.46 lakh per 10 grams, while the price of silver crossed ?2.34 lakh per kg. According to the India Bullion Jewellers Association (IBJA), the price of 24-car....