News for '-comptroller-and-auditor-general-of'

CAG was 'very kind' in assessing losses of coal allocations: FM

CAG was 'very kind' in assessing losses of coal allocations: FM

Rediff.com19 Mar 2015

The Supreme Court had cancelled 204 such allotments.

PHOTOS: President presents Padma awards to 54

PHOTOS: President presents Padma awards to 54

Rediff.com16 Mar 2019

Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Why will anyone opt for tax amnesty scheme?

Why will anyone opt for tax amnesty scheme?

Rediff.com28 Feb 2020

'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.

CAG to audit fallout of demonetisation

CAG to audit fallout of demonetisation

Rediff.com26 Mar 2017

The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.

Sehwag back among runs as T20 match ends in tie

Sehwag back among runs as T20 match ends in tie

Rediff.com29 Jan 2014

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 the Rs 12 lakh tenth All India Dr D.Y. Patil T20 Cup, organised by the D.Y Patil Sports Academy, under the auspices of the Mumbai Cricket Association, at the D Y Patil Stadium, in Nerul, Mumbai, on Wednesday.

CBI probe in R-Telecom's 'deal' with Swiss firm hits dead-end

CBI probe in R-Telecom's 'deal' with Swiss firm hits dead-end

Rediff.com17 Jan 2014

The agency had earlier alleged that the company had sold its 9.1% stake to Delphi for Rs 10 crore --a rate much lower than the prevalent market price.

India to auction 56 oil and gas blocks on revamped terms

India to auction 56 oil and gas blocks on revamped terms

Rediff.com6 Jan 2014

The terms are the same as those suggested by a panel headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan for awarding future oil and gas block contracts.

4 banks to brief Parliament panel on loan defaulters

4 banks to brief Parliament panel on loan defaulters

Rediff.com23 Feb 2017

The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.

Three members to represent BCCI at ICC meeting, says Supreme Court

Three members to represent BCCI at ICC meeting, says Supreme Court

Rediff.com1 Feb 2017

The Supreme Court on Wednesday stated that the three-member panel of Vikram Limaye, Amitabh Choudhary and Anirudh Chowdhury will represent the Board of Control for Cricket in India at the International Cricket Council's meeting, starting in Dubai, on Thursday.

'Economy is constantly on PM's mind'

'Economy is constantly on PM's mind'

Rediff.com12 Oct 2020

'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'

What would happen if Mumbai faces Chennai's fate?

What would happen if Mumbai faces Chennai's fate?

Rediff.com4 Dec 2015

The civic body had come under severe attack in June.

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Rediff.com13 Jul 2017

Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

What Modi can do to tackle slowdown

What Modi can do to tackle slowdown

Rediff.com1 Nov 2019

'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

From 2007 to 2017: How the 2G scam case progressed

From 2007 to 2017: How the 2G scam case progressed

Rediff.com21 Dec 2017

A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:

CAG criticises army for 'unauthorised' utilisation of choppers

CAG criticises army for 'unauthorised' utilisation of choppers

Rediff.com18 Dec 2015

The Comptroller and Auditor General of India has criticised the army for "unauthorised" utilisation of helicopters of the aviation corps including sorties undertaken on Saturday, Sunday and holidays which cost the exchequer nearly Rs three crore extra as unauthorised expenditure.

CAG seeks pending information on KG-D6 block

CAG seeks pending information on KG-D6 block

Rediff.com22 Apr 2014

The list includes CAG's request dated July 2, 2012 for information on award of contract for laying of a 1,395-km pipeline by Mukesh Ambani-owned Reliance Gas Transportation Infrastructure Ltd for shipping KG-D6 gas from east coast to the west.

CAG says EPFO earned more, paid less to members in 4 fiscals

CAG says EPFO earned more, paid less to members in 4 fiscals

Rediff.com18 Feb 2014

Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.

46 oil blocks on auction; include area grabbed from Reliance

46 oil blocks on auction; include area grabbed from Reliance

Rediff.com12 Jan 2014

Government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.

Delhi govt orders CAG audit of private power companies

Delhi govt orders CAG audit of private power companies

Rediff.com1 Jan 2014

Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.

'Why is the prime minister not transparent?'

'Why is the prime minister not transparent?'

Rediff.com28 Mar 2018

'I am only asking about his travel bills and expenditure.'

CAG hauls up ONGC for hiring a 2nd rig from Reliance

CAG hauls up ONGC for hiring a 2nd rig from Reliance

Rediff.com8 Aug 2013

CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.

SC refuses to entertain PIL challenging CAG appointment

SC refuses to entertain PIL challenging CAG appointment

Rediff.com15 Jul 2013

The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

CAG seeks auditing of regulators like RBI

CAG seeks auditing of regulators like RBI

Rediff.com2 Jul 2016

National auditor says a significant part of NPAs was due to fraud and may never be recovered

Coal scam: Ex-coal secy Gupta, others get 2-yr jail

Coal scam: Ex-coal secy Gupta, others get 2-yr jail

Rediff.com23 May 2017

The court noted that Gupta made 'dishonest misrepresentation' before the then prime minister.

Padma Awards 2016: Sri Sri, Anupam Kher, Saina Nehwal honoured

Padma Awards 2016: Sri Sri, Anupam Kher, Saina Nehwal honoured

Rediff.com28 Mar 2016

President Pranab Mukherjee presented five Padma Vibhushan, eight Padma Bhushan and forty-three Padma Shri awards at the Rashtrapati Bhavan in New Delhi.

It's time to end Coal India's monopoly

It's time to end Coal India's monopoly

Rediff.com12 Dec 2013

The Competition Commission of India (CCI) is to be congratulated for imposing a large fine, of nearly Rs 1,800 crore (Rs 18 billion), on Coal India Ltd for alleged abuse of its monopolistic position.

CAG says RIL charged more than approved gas price

CAG says RIL charged more than approved gas price

Rediff.com29 May 2014

The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Rediff.com29 Sep 2015

The International Chamber of Commerce's arbitration body International Court of Arbitration has ruled in our favour in the Antrix-Devas arbitration case and Antrix is liable to pay damages totalling $672 million to it, Devas said on Tuesday.

All systems go for Russian Kamov 226T helicopter production in India

All systems go for Russian Kamov 226T helicopter production in India

Rediff.com29 Dec 2015

Russia's Rostech State Corporation has tied up with Hindustan Aeronautics Limited for manufacture of at least 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under 'Make in India' initiative.

Govt's arguments valid, but have little to do with Article 370

Govt's arguments valid, but have little to do with Article 370

Rediff.com16 Aug 2019

A lot of the factors towards which the government has pointed to justify its moves on Jammu and Kashmir are in fact valid. Only, most of them have little to do with Article 370, says David Devadas.

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG red-flags $1.6 bn excess cost recovery by RIL

Rediff.com2 Aug 2016

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.

Anil Swarup: Man who can clean up the coal mess

Anil Swarup: Man who can clean up the coal mess

Rediff.com13 Mar 2015

He is known for his paperless style of working.

Hindalco yet to get any coal, even 8 years later

Hindalco yet to get any coal, even 8 years later

Rediff.com17 Oct 2013

Aditya Aluminium project ready but clearances still stuck for mine

All you need to know about the fodder scam

All you need to know about the fodder scam

Rediff.com1 Oct 2013

Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.

Rise in black money due to election funding

Rise in black money due to election funding

Rediff.com18 Nov 2016

Political funding of elections has led to the rise in black money in the economy.

Two major risks that make Aadhaar vulnerable

Two major risks that make Aadhaar vulnerable

Rediff.com9 Aug 2018

The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.

Bold step of rationalising spectrum base price worked: Sibal

Bold step of rationalising spectrum base price worked: Sibal

Rediff.com4 Feb 2014

Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.

Essar Power's Rs 11,000-crore investment awaits approval

Essar Power's Rs 11,000-crore investment awaits approval

Rediff.com3 Nov 2013

Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.