News for 'Auditor General'

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Rediff.com28 Oct 2021

Nirupam had filed a defamation case against Rai after the former CAG in his book in 2014 made the allegation against him and repeated it in interviews to the media.

Odisha train mishap: Railways seeks CBI probe, here's why

Odisha train mishap: Railways seeks CBI probe, here's why

Rediff.com4 Jun 2023

Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.

Fadnavis didn't return as CM, what will Modi return as: Pawar

Fadnavis didn't return as CM, what will Modi return as: Pawar

Rediff.com17 Aug 2023

The veteran politician accused the BJP of breaking duly elected governments in opposition-ruled states even as it boasted about providing a stable government at the Centre.

How Do We Prepare For LA 2028? We Don't.

How Do We Prepare For LA 2028? We Don't.

Rediff.com15 Aug 2024

You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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."

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

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.

Doklam standoff: Forces prepared to face any eventuality, says Jaitley

Doklam standoff: Forces prepared to face any eventuality, says Jaitley

Rediff.com21 Aug 2017

Jaitley assured the Lok Sabha amid the ongoing standoff between Indian and Chinese military in the Doklam area.

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.