News for 'Auditor General of India'

Yes Bank: 'People will lose confidence in the system'

Yes Bank: 'People will lose confidence in the system'

Rediff.com11 Mar 2020

'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'

Modi and the art of propaganda 101

Modi and the art of propaganda 101

Rediff.com20 May 2015

From France to Canada, from Japan to South Korea, all of Modi's barbs came in front of an NRI audience. Over the last one year, with 19 foreign visits, Modi has tried to use diplomacy as a PR event and foreign policy as a means to shore up his image back at home, says Shehzad Poonawalla.

Look past 100 days

Look past 100 days

Rediff.com27 May 2014

The first 100 days of any government should be a period when it is allowed to get its act together, with no media pressure for faster, higher, says Indira Jayaraman.

The temple and the dam

The temple and the dam

Rediff.com14 May 2014

Two decisions handed down by the Supreme Court have spread gloom in Kerala as they have shaken two basic faiths of a majority of the people in the state, says T P Sreenivasan.

'Public sector banks fear being hounded by the 3Cs'

'Public sector banks fear being hounded by the 3Cs'

Rediff.com8 Dec 2017

'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'

'Connecting the boys to a plot to kill the PM is utter nonsense'

'Connecting the boys to a plot to kill the PM is utter nonsense'

Rediff.com14 Jun 2018

'It is a concocted letter and we suspect the IB (Intelligence Bureau) to be behind this game.' 'All the investigation agencies should have quietly gone about finding more about this alleged plot to kill the prime minister.' 'Why are you leaking such a letter that reveals the plot to the press as well as to BJP spokespersons?'

India's SEZ failures a cautionary tale for Land Acquisition Bill

India's SEZ failures a cautionary tale for Land Acquisition Bill

Rediff.com20 May 2015

No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs

'There is no way a PM can shirk responsibility'

'There is no way a PM can shirk responsibility'

Rediff.com19 Sep 2014

'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'

Fight against corruption: How ordinary people made a difference

Fight against corruption: How ordinary people made a difference

Rediff.com5 Jan 2015

The roots of the cancellation of 2G telecom spectrum licences and coal blocks lie in two non-profit organisations - Common Cause and CPIL.

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Rediff.com22 Dec 2017

The court said a 'scam was created when there was none'.

A 'success' story that's mostly on paper

A 'success' story that's mostly on paper

Rediff.com30 May 2017

NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.

'Will Pawar say the courts are taking instructions from me?'

'Will Pawar say the courts are taking instructions from me?'

Rediff.com3 Feb 2016

'May I ask if Sharad Pawar will say the chief justice of the high court as well as the judge who extended remand are also taking instructions from Somaiya?'

Key lessons for the Railways to turn profitable

Key lessons for the Railways to turn profitable

Rediff.com25 Aug 2016

Even as several trains have more than 200 waitlisted passengers every day, running some trains with so many vacant seats is a criminal waste of scarce resource.

Of markets, politics and policy

Of markets, politics and policy

Rediff.com19 Sep 2013

The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.

The new govt will have to make right appointments

The new govt will have to make right appointments

Rediff.com16 May 2014

One of the urgent tasks ahead for the new government should be to improve public trust in the executive.

Panic in the air: Average Indian pilots are not incompetent

Panic in the air: Average Indian pilots are not incompetent

Rediff.com16 Jun 2015

If someone incompetent clears the system, it is probably intentional.

Cautious BCCI to summon SGM to discuss Lodha Panel Recommendations

Cautious BCCI to summon SGM to discuss Lodha Panel Recommendations

Rediff.com4 Jan 2016

Shaken by Justice RM Lodha committee's recommended reforms of its governance structure, the Board of Control for Cricket in India has decided to call a Special General Meeting (SGM) within the next two weeks to discuss the implications of the report.

Why India Inc still fears MNCs

Why India Inc still fears MNCs

Rediff.com13 May 2016

Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.

'It is time for another anti-Congress mobilisation'

'It is time for another anti-Congress mobilisation'

Rediff.com22 Oct 2013

Non-Congressism is the answer to India's current difficulties, says Dr Shambhu Shrivastava, who gives a historical perspective of non-Congress experiments in 1967, 1977, 1989 and 1998.

Defiant BCCI to elect secretary, new selection panel at Wednesday's AGM

Defiant BCCI to elect secretary, new selection panel at Wednesday's AGM

Rediff.com20 Sep 2016

With the shadow of the Supreme Court-appointed Justice Lodha panel recommendations hanging over its head, the BCCI will be conducting its 87th Annual General Meeting in Mumbai on Wednesday, with election of its honorary secretary being one of the priorities on the agenda.

Why PM needs a Parrikar 2.0 as Raksha Mantri

Why PM needs a Parrikar 2.0 as Raksha Mantri

Rediff.com14 Mar 2017

In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.

A saint who stood by as sinners ran amok

A saint who stood by as sinners ran amok

Rediff.com11 Feb 2017

It is time to take the sainthood away from Dr Manmohan Singh, says Sudhir Bisht.

Reebok fraud: SFIO lets off two top execs

Reebok fraud: SFIO lets off two top execs

Rediff.com11 Mar 2014

According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.

8 promises Modi made on I-Day 2015: Some met, some are works-in-progress

8 promises Modi made on I-Day 2015: Some met, some are works-in-progress

Rediff.com14 Aug 2016

As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on

Let us give Rahul credit when he deserves it!

Let us give Rahul credit when he deserves it!

Rediff.com20 Feb 2014

Kerala is one state where the Congress may do well in the general election and it where Rahul Gandhi has demonstrated why he is serious about rebuilding his party, says T V R Shenoy.

Will we treat Uttarakhand as just another disaster?

Will we treat Uttarakhand as just another disaster?

Rediff.com24 Jun 2013

The horrific disaster that has struck Uttrakhand has been assessed as a mix of natural and man-made. In fact, the various media analyses indicate we were asking for it and there were enough warnings and indications that this would happen, says Lt Gen (retd) Prakash Katoch.

Poll reforms should begin with the Election Commission

Poll reforms should begin with the Election Commission

Rediff.com31 Jan 2018

For successive governments the Election Commission remains a 'holy cow', where unhealthy precedents are allowed to be nurtured since Independence, says N Sathiya Moorthy.

India's most astute deal maker is now a bankrupt entrepreneur

India's most astute deal maker is now a bankrupt entrepreneur

Rediff.com8 Sep 2014

A look at the life and times of maverick businessman Chinnakannan Sivasankaran

It needs more than empty symbolism to restore the Congress's shine

It needs more than empty symbolism to restore the Congress's shine

Rediff.com16 Apr 2015

'Sonia Gandhi can't rejuvenate the party, her heir is fodder for stand-up comedians, and nobody in the Congress has the guts to question the Nehru-Gandhis.'

Will Supreme Court finally end RBI's supreme conceit?

Will Supreme Court finally end RBI's supreme conceit?

Rediff.com12 Apr 2019

For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.

Bonus payment for pvt bank bosses yet to get RBI nod

Bonus payment for pvt bank bosses yet to get RBI nod

Rediff.com4 Apr 2018

Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.

Safety: Aviation body wants to leave nothing to chance

Safety: Aviation body wants to leave nothing to chance

Rediff.com4 Jun 2013

In India currently, Air India, Jet Airways and its subsidiary JetLite are members of the IOSA and conform to the safety standards set by this audit on a regular basis.

The armed forces' strategy is still anchored to 1964

The armed forces' strategy is still anchored to 1964

Rediff.com18 May 2015

Every demand of the armed forces remains essentially anchored to 1964 and its fulfilment or otherwise largely a function of money availability

'Chances of a smooth run of Parliament are remote'

'Chances of a smooth run of Parliament are remote'

Rediff.com25 Apr 2016

Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.

Coal bill battle in RS, delay may affect power sector

Coal bill battle in RS, delay may affect power sector

Rediff.com19 Mar 2015

Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.

12 state bodies won't use funds till further orders: BCCI tells SC

12 state bodies won't use funds till further orders: BCCI tells SC

Rediff.com26 Oct 2016

The Board of Control for Cricket in India informed the Supreme Court on Tuesday that 12 of its member associations have kept the funds received by the cricket body in term deposit and they will not utilise them until further orders of the apex court.

UP's free-housing mess a national warning

UP's free-housing mess a national warning

Rediff.com23 Jun 2015

With nearly a million identified slums, UP urgently requires housing for the poor

BCCI moves SC seeking funds for Rajkot Test

BCCI moves SC seeking funds for Rajkot Test

Rediff.com8 Nov 2016

The Board of Control for Cricket in India, on Tuesday, moved the Supreme Court seeking disbursal of funds for conducting Rajkot Test that starts on Wednesday.

The irony of green levies by courts

The irony of green levies by courts

Rediff.com17 Nov 2015

The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.

Agusta case: Centre says PM didn't strike any deal with Italy

Agusta case: Centre says PM didn't strike any deal with Italy

Rediff.com29 Apr 2016

In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.