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News for 'Auditor General of India'

Oppn grills govt over PM CARES Fund, questions its transparency

Oppn grills govt over PM CARES Fund, questions its transparency

Rediff.com19 Sep 2020

They were participating in a debate on the bill for giving effect to various compliance relief measures for taxpayers, including extending time limits for filing returns, in the wake of the coronavirus crisis and tax benefits for donations to PM CARES Fund.

INS Vikrant : 12 years late, 13 times the cost

INS Vikrant : 12 years late, 13 times the cost

Rediff.com21 Aug 2021

The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

What's the truth about the fiscal deficit?

What's the truth about the fiscal deficit?

Rediff.com15 Oct 2019

'Why do we make finance ministers go into contortions, to tell us that near 6% is 3.5%?' 'Why not encourage more open and full accounting so that the country knows the real picture,' asks T N Ninan.

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Rediff.com12 Feb 2019

"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.

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.

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.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

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.

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.

'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.

Rafale case: SC to first decide on Govt objection over document leak

Rafale case: SC to first decide on Govt objection over document leak

Rediff.com14 Mar 2019

The bench said that 'argument on the preliminary issue and the claim of privilege raised by the Government of India is reserved'.

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.

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.

3 Pilots Tested Positive For Psychotropic Substances

3 Pilots Tested Positive For Psychotropic Substances

Rediff.com27 Aug 2022

commercial airlines and air navigation service providers have to carry out random drug tests on at least 10 per cent of their flight crew and air traffic controllers every year.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

Govt dials investors ahead of LIC's IPO; embedded value expected by Aug

Govt dials investors ahead of LIC's IPO; embedded value expected by Aug

Rediff.com5 Jul 2021

The government has reached out to investors to apprise them about Life Insurance Corporation of India's (LIC's) growth and prospects as it prepares for the country's largest initial public offering (IPO). Preliminary presentations have been made to inform investors on how the organisation is being restructured ahead of the IPO, along with its financials, so that the IPO process can be hastened once its embedded value is derived. "A detailed presentation has been made to investors, giving them details on how LIC is positioned beyond what is known. "This includes how LIC is being restructured ahead of the IPO, and investors are keen to know that," said an official. In the Finance Bill, 2021, the government had proposed a slew of changes to the LIC Act, 1956.

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.

ICAI seeks more powers

ICAI seeks more powers

Rediff.com29 Nov 2004

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.

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.

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

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.

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.

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.

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.

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.

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.

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