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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,......

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......

Million-dollar scam hits China

Chinese auditors have found millions of dollars of irregularities in airport construction projects across the nation, days after reports of a high-profile railways scam.Ten airport projects across......

Gustav Baldauf named Air India COO

The National Aviation Company Ltd, which runs Air India, today named Gustav Baldauf as its chief operating officer."Among the four interviewed, Gustav Baldauf has been shortlisted. I have not yet......

CAG team ready for RIL audit

The nation's premier audit body The Comptroller and Auditor Generalhas constituted a high-level team for auditing Reliance Industries' expenses on eastern offshore KG D-6 fields and the exercise......

Meet the National Award winning actress of Dhag

National Award winning actress Usha Jadhav made her family so proud, they cried when she went up to receive the Best Actress award for the Marathi film Dhag. The 30-year-old actress has......

Thirty Glorious Years Of Attenborough's Gandhi

'When I despair, I remember that the way of truth and love has always won. There may be tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of......

Review: Heroine never rises above the superficial

There's nothing innovative about Madhur Bhandarkar's Heroine, writes Sukanya Verma.Formulas have a shelf life too. And styles fade. But if Madhur Bhandarkar thinks by tweaking his standard format......

Five years later, here's where the Chak De girls are

Five years ago, Chak De! India caught the attention of the nation and added to the hits Shah Rukh Khan has to his credit. It also catapulted 17 girls to fame overnight, and made stars out of them.......

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......

SA reinstates officials suspended in fix scandal

The South African Football Association (SAFA) has reinstated its chief and four other leading officials suspended over a match fixing scandal involving the national team, saying they were......

Brazilian stadium may not be ready for 2014 World Cup

FIFA fired off a warning to the Brazilian city of Manaus on Friday, telling the Amazonian capital it must speed up construction work on its stadium or risk being cut from the 2014 World Cup. "The......

Khawaja ready to audition for Ponting's spot?

Usman Khawaja will have an opportunity to audition for Ricky Ponting's spot in the Test team after the left-hander was named captain of the Australia Chairman's XI to take on Sri Lanka in Canberra......

People speak for national audit office

QNA

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/

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

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

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

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

Timothy M. Grace, MorganFranklin Consulting Senior Manager, Re-Elected President of ISACA St. Louis Chapter

Information systems and audit control expert re-elected to lead 510-member St. Louis Chapter of ISACA. Chris Fawcett, MorganFranklin Consulting IT... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=651317

Compliance Assurance Corporation CEO to Speak at AICP Gulf States 2013 Education Day

CEO Jerry Shafran to kick-off conference with presentation on compliance best practices. Pittsburgh, PA, June 19, 2013 (GLOBE NEWSWIRE) --... ...

http://www.bizwireexpress.com/showstoryGNW.php?storyid=313256

Sherri Gastelum and Platinum Tax Defenders Comment on the Future of Partial Payment Agreements

, the Treasury Inspector General doesn't think that the IRS is strict enough in some areas (IRS Needs Better Controls over Partial Payment... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=651164

UK Rail Industry must stay on 'track' with training say Thales Training & Consultancy research

Investment in hard skills key to closing the knowledge gap for rail workers London, England - 19 June 2013 - A research study conducted by Thales... ...

http://www.bizwireexpress.com/showstoryRW.php?storyid=269748

IS Decisions Releases UserLock 7

/PRNewswire/ -- IS Decisions, a provider of Infrastructure and Security Management software solutions for Microsoft Windows and Active Directory,... ...

http://www.itnewsonline.com/showprnstory.php?storyid=276482

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