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Government accepted that it was procedurally FAULTY: Ex-CAG Rai

Vinod Rai, the Comptroller and Auditor General of India till May and probably the most talked-about government official in the last few years, participated in a Live Chat with readers of Rediff.com......

Bihar govt sacks 110 MNREGS officials for corruption

The Bihar government has sacked 110 officials of the Mahatma Gandhi National Rural Employment Guarantee Scheme from service for corruption.Bihar Rural Development Minister Nitish Mishra on Thursday......

Four arrested for whistleblower KAS officer's murder

Nearly three weeks after a 'whistleblower' senior state official was killed here sparking a national outrage, the police on Thursday arrested four persons, including an accountant in a cooperative......

Kashmir issue not UN business, says Tharoor

Asserting that the Kashmir issue does not fall under the purview of the United Nations, Congress MP and ex-UN official Shashi Tharoor has said there are specific instances when the world body can......

The most democratic nations on earth

Denmark is the most democratic nation on earth, according to a list published by the World Democracy Audit. The organisation ranks nations on how they fare in terms of granting political rights,......

Lenders want forensic audit of Bhushan Steel

A consortium of lenders headed by Punjab National Bank has decided to conduct a forensic audit of debt-laden steel maker, Bhushan Steel, and appoint three nominee directors on the company’s......

CAG gears up to audit books of 5 private telcos, Delhi discoms

The Comptroller and Auditor General’s office, with its across-the-spectrum audits in recent times, has ruffled many a feather in the political and corporate establishments. But its status as......

Who will foot the Rs 1,700-crore NSEL bill?

A forensic audit commissioned by the Forward Markets Commission has found National Spot Exchange Ltd gave away Rs 1,700 crore as returns during its life span. According to regulatory officials,......

Take cue from no-frill airlines, Air India told

An official panel that recommended measures to enhance savings of ailing Air India, has suggested that the national carrier take cue from no-frill airline model and prune costs, including those on......

RIL to retain entire D6: CAG lambasts ministry

National auditor Comptroller and Auditor General on Thursday castigated the Oil Ministry for allowing Reliance Industries to retain its entire eastern offshore KG-D6 block in contravention of the......

Aamir: Rs 200 crore movie numbers are FUDGED!

'All those claims of films breaking records, it is utter nonsense.' Aamir Khan, who is credited with being the first Bollywood star to break into the Rs 200 crore (Rs 2 billion) club with his......

'I never imagined I would be playing Swami Chinmayananda some day'

'Acting for On The Quest was a very fulfilling experience,' Sandeep Hebbar tells Praveen Sundaram/ Rediff.com Sandeep Hebbar plays the young Swami Chinmayananda in Tamil filmmaker R S......

Kal Penn: I would love to shoot five Bollywood films simultaneously

'...But my strong suit will not be dancing,' Kal Penn tells Vaihayasi Pande Daniel/Rediff.com, in the concluding part of the interview. Part I of the interview: 'I'm not related to......

Going back in time with Master Raju

'I got to know things early in life.' On Childrens' Day, one of Hindi film industry's most memorable child actors -- Raju Shrestha -- lets us into his life with a twinkle in his eye. One of the......

Shweta Prasad: I want to move on now

'I want to know what grave crime I committed, and why a section of the media was having so much fun at my expense,' says a livid Shweta Basu Prasad. There was no businessman, no politician in my......

Olympic funds misused by Beijing officials

China's National Audit Office said on Thursday it has uncovered corruption by the country's sports authorities in which 131 million yuan ($15.8 million) earmarked for the 2008 Beijing Olympics was......

Australia cricketer Phillip Hughes succumbs to head injury

File Photo of Phillip Hughes. Photograph: Ryan Pierse/Getty Images Australian cricketer Phillip Hughes died in hospital in Sydney on Thursday, two days after the international batsman was struck......

Supreme court restores Sethi as PCB head

The Supreme Court on Wednesday restored Najam Sethi as chairman of the Pakistan Cricket Board just four days after the Islamabad high court reinstated his predecessor, Zaka Ashraf, as head of the......

  People speak for national audit office

  • QNA
sweet swati
Q. In India other than ensuring that public funds are used efficiently and for intended purpose what is the importance of the office of the CAG?1- CAG exercises exchequer control on behalf of the parliament when the president of India declares national emergency/ financial emergency2-CAG reports on the execution of projects or programmes by the ministries are discussed by the PAC/3-Information form CAG reports can be used by investigating agencies to press charges against those who have violated the law while managing public finances.4-While dealing with audit and accounting of govt. comp
Sweet Swati:  A.  more

http://qna.rediff.com/questions-and-answers/in-india-other-than-ensuring-that-public-funds-are-used-effi/22883547/answers/

sweet swati
Q. In India other than ensuring that public funds are used efficiently and for intended purpose what is the importance of the office of the CAG? CAG exercises exchequer control on behalf of the parliament when the president of India declares national emergency/ financial emergency CAG reports on the execution of projects or programmes by the ministries are discussed by the PAC/ Information form CAG reports can be used by investigating agencies to press charges against those who have violated the law while managing public finances. While dealing with audit and accounting of g
Sweet Swati:  A. 2-CAG reports on the execution of projects or programmes by the ministries are discussed by the PAC/3-Information form CAG reports can be used by...... more

http://qna.rediff.com/questions-and-answers/in-india-other-than-ensuring-that-public-funds-are-used-effi/22883497/answers/22883556

sweet swati
Q. I did a mistake today and bought 500 shares of Satyam @ 49. Should I sell day after tomorrow when market opens and book the loss at whatever price available may be @10 ?
Sweet Swati:  A. future of Satyam is not at all good. Earliest posible exit will be better . Otherwise you will have to wait till valuation of the assets is done by...... more

http://qna.rediff.com/questions-and-answers/i-did-a-mistake-today-and-bought-500-shares-of-satyam--49.-s/22883497/answers/12647809

Mukesh Kumar
Q. I have 2000 satyam shares @ Rs 218. Should I commit suicide?
Mukesh Kumar:  A. Leave the fate on God. these are as good as natural calamities. Wehn earthquake or cyclone comes many are tapped. Man proposes God disposes.You are...... more

http://qna.rediff.com/questions-and-answers/i-have-2000-satyam-shares--rs-218.-should-i-commit-suicide/12646810/answers/12647856

vijay kumar
Q. While the current school system focuses on our weakness, it also focuses on fixing the weaknesses while neglecting the strengths. Government spend lot of money on education of SC / ST etc students - but is lacking when it comes to programs for gifted individuals. It is hard to believe, but it's true! What is your opinion?
Vijay Kumar:  A. "A for apple, b for battle, c for cattle...." The thing is "brilliance" and "success" is too inclined towards your...... more

http://qna.rediff.com/questions-and-answers/while-the-current-school-system-focuses-on-our-weakness-it-a/12644486/answers/15975118

  Web results for National Audit Office
Water ATMs a high point for Delhi Jal Board in 2014

Initiation of ambitious Sewage Interceptor Sewer Project and installation of decentralised Reverse Osmosis (RO) based water Automatic Teller... ...

http://dc.asianage.com/delhi/water-atms-high-point-delhi-jal-board-2014-455
Cong marks 130th Foundation Day

CHANDIGARH: City girl, Bhavya Bansal, a final year computer science engineer from the UIET, Chandigarh, emerged as the tricity topper of the common... ...

http://www.tribuneindia.com/news/nation/cong-marks-130th-foundation-day/23505.html
FMC

regional commodity exchanges, recognition of seven bourses has lapsed, according to a report by sector regulator Forward Markets Commission.... ...

http://www.business-standard.com/article/pti-stories/7-regional-commexes-recognition-lapsed-audit-pending-fmc-114122800127_1.html
Greek MPs hold crunch presidential vote to avert snap polls

ATHENS: Lawmakers in debt-laden Greece will on Monday try for a third and final time to elect a new president and avoid a snap general election... ...

http://economictimes.indiatimes.com/news/international/world-news/greek-mps-hold-crunch-presidential-vote-to-avert-snap-polls/articleshow/45664802.cms
Management, Technology & Medical Education in Upswing

BHUBANESWAR: IT was a year of proposed reforms and announcements for the State's higher education sector. The most significant of them being the... ...

http://www.newindianexpress.com/states/odisha/Management-Technology--Medical-Education-in-Upswing/2014/12/28/article2592057.ece

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