News for 'Auditor General of India'

CAG audits: Another pair of eyes won't hurt companies

CAG audits: Another pair of eyes won't hurt companies

Rediff.com28 May 2014

Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Rediff.com28 May 2014

The apex court sets aside Delhi HC order on the oilfield.

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.

Why dissent will become more difficult in India

Why dissent will become more difficult in India

Rediff.com4 Apr 2016

'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.

CAG can audit accounts of telecom firms: Supreme Court

CAG can audit accounts of telecom firms: Supreme Court

Rediff.com17 Apr 2014

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

Congress protests in Lok Sabha over electoral bonds

Congress protests in Lok Sabha over electoral bonds

Rediff.com21 Nov 2019

"This is a big scam. The country is being looted. Please allow us to speak," Congress leader in Lok Sabha Adhir Ranjan Chowdhury said.

EPFO to roll out universal A/C nos, calls for clean up act

EPFO to roll out universal A/C nos, calls for clean up act

Rediff.com26 Feb 2014

Employees Provident Fund Organisation is likely to issue permanent account numbers to employees.

Rajnath unveils new Defence Acquisition Procedure

Rajnath unveils new Defence Acquisition Procedure

Rediff.com28 Sep 2020

In what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services as it proposed a new enabling provision to acquire them through capital budget under a simplified procedure in a time-bound manner.

'Will come to decision on UK biz in 12 to 24 months'

'Will come to decision on UK biz in 12 to 24 months'

Rediff.com16 May 2023

'It's an open secret that the UK business is structurally not in a great place.'

Here's how damned our fight against cyber fraud is

Here's how damned our fight against cyber fraud is

Rediff.com27 Nov 2016

Government auditor CAG has expressed concern over the post of chairperson of Cyber Appellate Tribunal lying vacant for about five years, saying this has led to not a single case being heard or disposed of despite pending appeals.

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.

Modi's big opportunity in Bihar

Modi's big opportunity in Bihar

Rediff.com21 Nov 2020

Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.

MHA issues fresh guidelines on lockdown exemption

MHA issues fresh guidelines on lockdown exemption

Rediff.com25 Mar 2020

The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

Tejas Mark II to roll out next year: HAL chief

Tejas Mark II to roll out next year: HAL chief

Rediff.com31 Jan 2021

With increase in range and payload capability, Madhavan said the new variant will be much superior than Tejas Mark-IA, 73 of which are being procured by the Indian Air Force from the HAL under a Rs 48,000 crore deal that was approved by the government on January 13.

Hoping to implement GST from July 1, says Jaitley

Hoping to implement GST from July 1, says Jaitley

Rediff.com22 Mar 2017

'GST will increase the volume of taxation, there is no tax on tax and therefore makes goods, commodities and services little cheaper and far more convenient.'

'Congress using GSPC issue to deflect attention from Agusta'

'Congress using GSPC issue to deflect attention from Agusta'

Rediff.com9 May 2016

Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.

All you need to know about new CJI Justice Bobde

All you need to know about new CJI Justice Bobde

Rediff.com29 Oct 2019

Hailing from a family of lawyers from Maharashtra, he was part of a nine-judge Bench of the Supreme Court which in August 2017 declared the right to privacy as a fundamental right of an individual.

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

Govt gets 5.59 lakh public grievances so far this yr

Govt gets 5.59 lakh public grievances so far this yr

Rediff.com12 Jul 2022

The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Rediff.com12 Sep 2014

Former Comptroller Auditor General Vinod Rai has come out with a stinging criticism of former Prime Minister Manmohan Singh saying integrity is not just financial but intellectual and professional too and claimed that Congress leaders had sought to apply pressure on him to keep the PM's name out of audit reports.

Why it's time India's state banks opt for mega mergers

Why it's time India's state banks opt for mega mergers

Rediff.com24 May 2016

Mergers to create at most six state banks

BCCI to consider player demands for increased pay

BCCI to consider player demands for increased pay

Rediff.com6 Apr 2017

The Indian board (BCCI) will consider a further increase in salaries for its contracted players after leading cricketers expressed dissatisfaction with the pay raise announced last month.

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.

CAG audit of GST reveals systemic flaws, not just glitches

CAG audit of GST reveals systemic flaws, not just glitches

Rediff.com28 Aug 2019

The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.

TMC moves Prez to remove Dhankhar from governor's post

TMC moves Prez to remove Dhankhar from governor's post

Rediff.com30 Dec 2020

The Bharatiya Janata Party, however, said the governor is acting within his constitutional parameters while the "TMC is scared".

Dynastic corruption growing challenge: PM Modi

Dynastic corruption growing challenge: PM Modi

Rediff.com27 Oct 2020

If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.

SC, EC must take cognisance of Khurshid's remarks: BJP

SC, EC must take cognisance of Khurshid's remarks: BJP

Rediff.com14 Mar 2014

The Bharatiya Janata Party on Friday termed as "very dangerous" External Affairs Minister Salman Khurshid's comments questioning the role of the Supreme Court and Election Commission and said the two institutions must take suo motu cognisance of it.

Naidu meets Mamata, announces postponement of Opposition conclave

Naidu meets Mamata, announces postponement of Opposition conclave

Rediff.com19 Nov 2018

Flanked by the Trinamool Congress chief, Naidu attacked the National Democratic Alliance government at the Centre alleging that institutions like the Central Bureau of Investigation, Enforcement Directorate, Income Tax department, Reserve Bank of India and Comptroller Auditor General are under "severe pressure".

'We paid the cricketers better salaries'

'We paid the cricketers better salaries'

Rediff.com11 Oct 2022

'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'

'Judiciary is nation's last hope'

'Judiciary is nation's last hope'

Rediff.com6 Jan 2023

'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

'India is losing 10,000 artefacts per decade'

'India is losing 10,000 artefacts per decade'

Rediff.com28 Sep 2021

'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'

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 Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss

Rediff.com26 Nov 2016

The compensation would be met through levy of a cess called 'GST Compensation Cess' on luxury items and sin goods like tobacco, for the first five years.

Rafale verdict: Centre files application to correct factual error

Rafale verdict: Centre files application to correct factual error

Rediff.com15 Dec 2018

The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.

Telecom sector might be back in trouble

Telecom sector might be back in trouble

Rediff.com14 Jan 2014

Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.

Lodha reforms implementation in 4-5 months: Vinod Rai

Lodha reforms implementation in 4-5 months: Vinod Rai

Rediff.com4 Mar 2017

Implementation of Lodha Committee recommendations in the Board of Control for Cricket in India will be complete in the next four-five months, said Vinod Rai, head of the Supreme Court-appointed panel of administrators to manage the cricket board's affairs.