News for 'Auditor General'

13 coaches of express train derail in Rajasthan, 26 hurt

13 coaches of express train derail in Rajasthan, 26 hurt

Rediff.com2 Jan 2023

The injured, two of them seriously hurt, have been admitted at the Bangad Hospital in Pali, they said, adding the incident led to the disruption of traffic on the route with nearly two dozen trains cancelled or diverted.

Safety Isn't A High Priority In India

Safety Isn't A High Priority In India

Rediff.com16 Jun 2023

Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.

CBI told to use director identification number in notices to bankers

CBI told to use director identification number in notices to bankers

Rediff.com29 Dec 2019

This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.

SLC invites retired judges to form independent panel

SLC invites retired judges to form independent panel

Rediff.com8 Nov 2023

The committee will consist of retired Supreme Court judges S I Imam and Rohini Marasinghe, and Irangani Perera, retired High Court judge.

Dead patients getting treatment under PM-JAY? Health Ministry replies

Dead patients getting treatment under PM-JAY? Health Ministry replies

Rediff.com17 Aug 2023

The reports also claim that the same beneficiary had been found to avail treatment at two hospitals at the same time.

The Politics Of The Bharat Ratna

The Politics Of The Bharat Ratna

Rediff.com6 Feb 2024

Most politicians and even non-politicians have been honoured because of what they were purported to be electorally worth for the ruling party of their time, argues N Sathiya Moorthy.

HC asks CAG to probe Mumbai-Pune expressway toll collection

HC asks CAG to probe Mumbai-Pune expressway toll collection

Rediff.com18 Mar 2021

The Bombay high court on Thursday directed the Comptroller and Auditor General of India (CAG) to look into allegations of irregularities in toll collection on the Mumbai-Pune Expressway.

Railways may scrap new dedicated freight corridors, enhance existing ones

Railways may scrap new dedicated freight corridors, enhance existing ones

Rediff.com25 May 2022

This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.

Tax-GDP ratio down to 9.17%

Tax-GDP ratio down to 9.17%

Rediff.com9 May 2005

The fall in the ratio of customs and excise duty collection to GDP has resulted in an overall decline of tax-GDP ratio from an average of 9.32 per cent during the 8th Plan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Rediff.com12 Sep 2023

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.

ED summons Chidambaram in aviation scam PMLA case

ED summons Chidambaram in aviation scam PMLA case

Rediff.com19 Aug 2019

The Congress leader is also being probed by ED in two separate money-laundering cases of Aircel-Maxis and INX Media.

Why Are Airport Roofs Collapsing?

Why Are Airport Roofs Collapsing?

Rediff.com1 Jul 2024

Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?

Tax authorities probing transactions between MCX-SX, FTIL

Tax authorities probing transactions between MCX-SX, FTIL

Rediff.com21 Apr 2014

A special audit will look into any pricing anomalies in the transactions between the two, according to a source. FTIL had a contract for helping the exchange with its technology needs.

CAG pulls up govt for IGST mess

CAG pulls up govt for IGST mess

Rediff.com29 Nov 2021

The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals. The Integrated Goods and Services Tax (IGST), which is levied on inter-state sale of goods and services, is shared between the Centre and states in the 50:50 ratio. In its report on the union government accounts tabled in Parliament, the Comptroller and Auditor General of India (CAG) found that a sum of Rs 13,944 crore was left unapportioned and retained in the Consolidated Fund of India (CFI) in 2018-19, even though the amended IGST Act now provides for a process for ad-hoc apportionment of IGST.

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Rediff.com1 Nov 2022

A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.

CAG examining Rafale deal: Centre

CAG examining Rafale deal: Centre

Rediff.com18 Jul 2018

The minister also said that four cases of corruption in defence deals have been registered by the CBI since 2015.

Byju's Spectacular Meltdown

Byju's Spectacular Meltdown

Rediff.com7 Mar 2024

The edtech major promised a learning revolution, offering hope to millions of under-educated youth. Now, those dreams are shattered, observes Devangshu Datta.

With Elections Near, Debate On Freebies Rages

With Elections Near, Debate On Freebies Rages

Rediff.com19 Sep 2023

Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.

New BCCI administrators meet for first time in Mumbai

New BCCI administrators meet for first time in Mumbai

Rediff.com31 Jan 2017

Vinod Rai, former Comptroller and Auditor General of India, former India women's captain Diana Edulji and banker Vikram Limaye were present at the meeting held at the IDFC Bank's premises in suburban Bandra-Kurla Complex.

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

Rediff.com12 Jul 2022

Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.

Rail tragedy: Cong alleges govt ignored CAG warning

Rail tragedy: Cong alleges govt ignored CAG warning

Rediff.com4 Jun 2023

The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

CVC awaits sanction to prosecute 100 govt officials

CVC awaits sanction to prosecute 100 govt officials

Rediff.com11 Nov 2019

As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.

Rs 25,000 crore JK scam: Congress minister defends Azad's govt

Rs 25,000 crore JK scam: Congress minister defends Azad's govt

Rediff.com10 Mar 2014

A Congress minister has defended the former Ghulam Nabi Azad-led Congress government in Jammu and Kashmir in the wake of the Comptroller and Auditor General's disclosure that it framed rules in violation of the Roshni Act under a Rs 25,000 crore land-transfer scam.

Govt flayed for unrealistic expenditure estimates

Govt flayed for unrealistic expenditure estimates

Rediff.com23 Dec 2015

Supplementary provisions exceeded the original provision by as much as 239,900 per cent in 2014-15.

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

Rediff.com31 Jan 2023

The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.

Time for India to sit at UNSC high table: Envoy

Time for India to sit at UNSC high table: Envoy

Rediff.com2 Nov 2013

India's winning streak in elections to UN bodies demonstrates it is time for the country to become a permanent member of the Security Council and those who doubt this can no longer behave like "ostriches in sand", the Indian envoy to the world body has said.

CAG report not worth paper its written on: Rahul

CAG report not worth paper its written on: Rahul

Rediff.com14 Feb 2019

The only reason for the new deal is to give Rs 30,000 crore to industrialist Anil Ambani, the Congress chief alleged.

BJP collected Rs 2,642.63 cr from unknown sources in 2019-20

BJP collected Rs 2,642.63 cr from unknown sources in 2019-20

Rediff.com31 Aug 2021

The Congress declared Rs 526 crore as income from unknown sources which is 15.57 per cent of the total income of the national parties from unknown sources, the ADR said.

CAG gears up to audit books of 5 private telcos, Delhi discoms

CAG gears up to audit books of 5 private telcos, Delhi discoms

Rediff.com7 Jan 2014

Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.

One year of Shinde govt: Politics overshadows governance

One year of Shinde govt: Politics overshadows governance

Rediff.com29 Jun 2023

The Sena and Shiv Sena-Uddhav Balasaheb Thackeray labelled each other gaddar (traitor) after Shinde's rebellion split their original party last year, while Deputy Chief Minister Devendra Fadnavis publicly asserted he had exacted revenge on Thackeray for his betrayal.

India gets $19.78 bn FDI from nations Modi visited

India gets $19.78 bn FDI from nations Modi visited

Rediff.com5 Aug 2015

Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Anti-doping bill introduced in Lok Sabha

Anti-doping bill introduced in Lok Sabha

Rediff.com17 Dec 2021

Many federations and former athletes alike have been calling for an anti-doping legislation to implement the existing rules.

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

Rediff.com26 Nov 2021

The Delhi high court on Friday advanced to December 10 the hearing on pleas to declare the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund a 'State' under the Constitution and a 'public authority' under the Right to Information Act to ensure transparency in its functioning.

Banks Board Bureau cracks the whip on errant promoters

Banks Board Bureau cracks the whip on errant promoters

Rediff.com3 Aug 2016

In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.

CAG flags financial gap of Rs 31,000 cr in telecom sector

CAG flags financial gap of Rs 31,000 cr in telecom sector

Rediff.com8 May 2015

DoT though failed to implement TRAI's recommendations to levy spectrum usage charge

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

New tax regime: Big unexplained expenditure may lead to I-T review

New tax regime: Big unexplained expenditure may lead to I-T review

Rediff.com25 Apr 2022

Tax consultants and chartered accountants have started receiving a flurry of calls from their clients - both corporate and individuals - seeking clarity over changes in the reassessment regime made during the recently concluded Budget Session of Parliament. Tax experts apprehend the amendments may lead to the income-tax (I-T) department sending out more notices. The new provisions, effective from April 1, have extended the scope for tax sleuths to reopen the past assessments.

Personally monitoring quality of food served to Army: Parrikar

Personally monitoring quality of food served to Army: Parrikar

Rediff.com12 Jan 2017

The Comptroller and Auditor General in 2012-13 had made certain observation in a report and 'we are improving it', he said.