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CAG report flagging ammo shortage factually wrong: Sitharaman

Defence Minister Nirmala Sitharaman dismissed as “factually wrong” a Comptroller and Auditor General’s report which had stated that the defence forces had ammunition that could......

Former home secretary Rajiv Mehrishi to be next CAG

Former home secretary Rajiv Mehrishi will be the next Comptroller and Auditor General of India, sources said on Thursday. Incumbent Shashi Kant Sharma completes his term as the country’s......

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

National auditor Comptroller and Auditor General has said a 30 per cent failure rate was found in the surface-to-air missiles Akash during testing and held that such deficiencies posed an......

Acute shortage of ammunition in army, no improvement since 2013

The Comptroller and Auditor General on Friday flagged critical shortage of ammunition in the Indian Army. In its report that was tabled in Parliament, the CAG found deficiencies in the performance......

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

The Comptroller and Auditor General of India has picked holes in the e-auction of coal mines by the NDA government last year saying multiple bids by corporate groups through joint ventures or......

CAG to audit fallout of demonetisation

The Comptroller and Auditor General of India plans to audit the impact of note ban and the affect it has had on government tax revenues, said CAG Shashi Kant Sharma. In an interview, he said the......

'Congress using GSPC issue to deflect attention from Agusta'

Last month, the Comptroller and Auditor General of India termed the Rs 19,000-crore investment of the Gujarat State Petroleum Corporation in the Krishna Godavari basin as ‘wasteful’.......

All corporate loan defaults not frauds: Vinod Rai

The cacophony of uninformed voices should not impact decision making process of bank executives. Vinod Rai, former comptroller and auditor general and chairman of Banks Board Bureau (BBB), said on......

Govt flayed for unrealistic expenditure estimates

  The Comptroller and Auditor General of India has picked holes in the budgetary projections for expenditures made by various government departments for 2014-15, saying the projections were......

CAG pulls up ONGC for poor rig management practices

  The Comptroller and Auditor General of India has pulled up state-owned Oil and Natural Gas Corporation for poor planning in hiring and use of drilling rigs, which resulted in a loss of Rs......

Former Deputy CAG to look after DDCA tenders for 4th Test

The Delhi High Court-appointed observer Justice (Retd) Mukul Mudgal said that a former Deputy Comptroller and Auditor General (CAG) will look after the tender process for the fourth cricket Test......

Sehwag back among runs as T20 match ends in tie

India discard Virender Sehwag scored a breezy 48 off just 20 balls as CAG (Comptroller &Auditor General of India) were involved in a tie with Mumbai Customs, in a concluding Group C league match of......
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EPFO to consider crediting ETF units to PF accounts

Retirement fund body EPFO is likely to consider next month a proposal to credit subscribers' share of its ETF investments to their provident fund... ...

http://www.business-standard.com/article/pti-stories/epfo-to-consider-crediting-etf-units-to-pf-accounts-117102200098_1.html
reports

(Reuters) - Wells Fargo & Co is facing fresh regulatory scrutiny in both its consumer and institutional businesses, according to reports in the New... ...

http://www.sify.com/finance/wells-fargo-regulatory-woes-continue-in-autos-forex-reports-news-economy-rkuvH1fiaaiai.html
Of irresponsible journalism and power play

Last week, the news-based portal The Wire published a piece on Jay Amit Shah, insinuating without proof that he was involved in shady business... ...

http://www.sify.com/news/jay-amit-shah-of-irresponsible-journalism-and-power-play-news-columns-rkqlnqhidaehf.html
India's homoeopathic state of mind

A homoeopathic state of mind pervades our thinking in governance and infrastructure-building.Do it in small, harmless doses, but nothing bitter,... ...

http://www.rediff.com/money/column/indias-homoeopathic-state-of-mind/20171011.htm
RTI plea for information on appointment of CAG, EC refused

The central government has refused to divulge information on appointment to various important posts like the Comptroller and Auditor General (CAG),... ...

http://www.business-standard.com/article/news-ians/rti-plea-for-information-on-appointment-of-cag-ec-refused-117100400732_1.html

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