News for 'Auditor General of India'

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.

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.

Who is Sameer Wankhede, really?

Who is Sameer Wankhede, really?

Rediff.com18 Nov 2021

For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.

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.

Kolkata, Chennai airports unlikely to be privatised

Kolkata, Chennai airports unlikely to be privatised

Rediff.com7 Nov 2014

The airports were refurbished at the cost of Rs 2,325 cr and Rs 2,015 cr respectively but there have been various complaints.

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

Why did Modi shoot down farm loan waivers?

Why did Modi shoot down farm loan waivers?

Rediff.com31 Jan 2019

Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.

Amid Doklam standoff, govt plans to speed up roads along China border

Amid Doklam standoff, govt plans to speed up roads along China border

Rediff.com21 Aug 2017

The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.

Nirmalaji, time has come to modernise Budgeting

Nirmalaji, time has come to modernise Budgeting

Rediff.com8 Jan 2020

'The finance minister in her Budget speech should spell out how exactly she intends to get back to the 7% track, and the hard decisions she intends to take in order to adjust to the realities of a slowing economy until growth momentum returns,' suggests T N Ninan.

Govt mulls a bank to deal with bad loans

Govt mulls a bank to deal with bad loans

Rediff.com17 Feb 2016

Reserve Bank of India Governor Raghuram Rajan had said recently that there was "no need" to set up a separate bad bank to deal with stressed assets of public sector lenders.

India can't even buy rifles for its troops!

India can't even buy rifles for its troops!

Rediff.com6 Jul 2015

What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.

Jio, 4 other telcos understated AGR by over Rs 14,800 cr

Jio, 4 other telcos understated AGR by over Rs 14,800 cr

Rediff.com20 Dec 2017

The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.

'Still optimistic about the long-term India growth story'

'Still optimistic about the long-term India growth story'

Rediff.com16 Sep 2013

We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

Rediff.com14 Sep 2014

As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.

MoD panel found Dassault was not lowest bidder: CAG

MoD panel found Dassault was not lowest bidder: CAG

Rediff.com13 Feb 2019

The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.

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.

Were PM, Antony out of sync over Jan 2012 troops movement?

Were PM, Antony out of sync over Jan 2012 troops movement?

Rediff.com21 Feb 2014

Was the defence minister kept in the dark with the PMO directly dealing with the then defence secretary in the matter of General V K Singh's birth date? Was the trust deficit between the government and the then army chief so wide that instead of communicating directly with General Singh and the defence minister, the PMO and other arms of the government were depending on half-baked inputs from the Intelligence Bureau?

In his final address to 16th LS, Modi mocks Rahul over Rafale, hug

In his final address to 16th LS, Modi mocks Rahul over Rafale, hug

Rediff.com14 Feb 2019

Modi said the House did not witness any earthquake, an apparent reference to claims of Rahul Gandhi that his revelation on Rafale would create tremors.

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

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.

Heavy rain forecast for next 3 days in Uttarakhand

Heavy rain forecast for next 3 days in Uttarakhand

Rediff.com24 Jun 2013

The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.

Will China resume building roads in Doklam?

Will China resume building roads in Doklam?

Rediff.com29 Aug 2017

'While overall this is a face saving deal just before the BRICS meeting in Xiamen, any forward military movement at Doklam once again could bring the two Asian giants at loggerheads,' says China expert Srikanth Kondapalli.

The Ruler Who Changed India

The Ruler Who Changed India

Rediff.com23 Jan 2020

Sher Shah Suri ruled for only a few years, but his huge influence on India continues six centuries later, reveals Farhat Nasreen.

Murli Deora: The politician who was loved by all

Murli Deora: The politician who was loved by all

Rediff.com24 Nov 2014

Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.

ICAI seeks more powers

ICAI seeks more powers

Rediff.com29 Nov 2004

Money meant for poor going somewhere else, says SC

Money meant for poor going somewhere else, says SC

Rediff.com12 Apr 2017

It observed that there is no record of the money meant for the welfare of construction workers.

Do you know what a Fudget is?

Do you know what a Fudget is?

Rediff.com23 Jan 2019

'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.

FIR against GVK Reddy, his son and 4 others

FIR against GVK Reddy, his son and 4 others

Rediff.com2 Nov 2014

FIRs have been registered against top officials of the aviation ministry, GVK Ltd and police department on a complaint that Mumbai International Airport Ltd (MIAL) received undue benefit to the tune of hundreds of crores of rupees from the government.

'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.'

ED arrests Mumbai's ex-police chief in NSE phone tapping case

ED arrests Mumbai's ex-police chief in NSE phone tapping case

Rediff.com19 Jul 2022

The Enforcement Directorate (ED) on Tuesday arrested former Mumbai police commissioner Sanjay Pandey in connection with a money laundering case linked to the alleged illegal phone tapping of NSE employees, officials said.

Bank funding of spectrum purchases hits DoT wall

Bank funding of spectrum purchases hits DoT wall

Rediff.com15 Feb 2014

Telecom department says spectrum can't be used as collateral because it's government property

'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.'

Congress readies two weapons to target Modi

Congress readies two weapons to target Modi

Rediff.com24 May 2014

Down and out Congress is all set to use 'Modi's doublespeak on CAG reports' and invitation to Nawaz Sharif as weapons to target the prime minister-designate. Renu Mittal reports.

Why India has failed to deal with bad loans

Why India has failed to deal with bad loans

Rediff.com29 Mar 2016

The problem of stressed assets needs to be addressed with effective recovery.

IL&FS value to be preserved, says non-executive chairman Uday Kotak

IL&FS value to be preserved, says non-executive chairman Uday Kotak

Rediff.com5 Oct 2018

The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"

Can the industry avoid being scrutinised by CAG?

Can the industry avoid being scrutinised by CAG?

Rediff.com10 Jan 2014

CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.

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.

Why it pays to invest in family-owned businesses

Why it pays to invest in family-owned businesses

Rediff.com22 Jul 2016

The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.

ICAI reviews financial statements of Mallya's firms

ICAI reviews financial statements of Mallya's firms

Rediff.com5 May 2016

The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Rediff.com11 May 2016

He also said that Bharatiya Janata Party MP Subramanian Swamy has not lied about the deal but it seems he has been misled.