News for 'Auditor General'

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Rediff.com17 Oct 2016

IMAGE: BCCI president Anurag Thakur, right, with ICC CEO Shashank Manohar. Photograph: PTI Board of Control for Cricket in India president Anurag Thakur on Monday said in Supreme Court that he had not asked International Cricket Council's CEO Dave Richardson to state that the appointment of Justice Rajendra Mal Lodha committee would "tantamount to government interference" in the functioning of BCCI.

Army finalises 15,000cr plan to produce indigenous ammunition

Army finalises 15,000cr plan to produce indigenous ammunition

Rediff.com13 May 2018

11 private firms would be involved in the ambitious project.

Armed forces sufficiently equipped: Jaitley

Armed forces sufficiently equipped: Jaitley

Rediff.com25 Jul 2017

Jaitley said the CAG report has reference to the shortage of ammunition in relation to a point of time.

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

Parties demand debate on demonetisation, surgical strikes in Parliament

Parties demand debate on demonetisation, surgical strikes in Parliament

Rediff.com14 Nov 2016

The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

Rediff.com18 May 2016

PAC Chairman K V Thomas, however, remained non-committal over these demands.

No MNREGA funds if you do not deliver: Minister

No MNREGA funds if you do not deliver: Minister

Rediff.com14 Jun 2013

Ramesh's reply came when he was asked whether grants would be provided to Karnataka for the Mahatma Gandhi National Rural Employment Guarantee Act and Indira Awas Yojana as the state was now under the Congress rule.

Those linked to chopper deal got 'good positions': Parrikar

Those linked to chopper deal got 'good positions': Parrikar

Rediff.com8 May 2016

"Many people who had some links with Agusta, I am not saying illegitimate links, but some links with Agusta procurement and supply, were given good positions," Parrikar told PTI in an interview.

Adverse action on audit firms may put IT cos in a spot

Adverse action on audit firms may put IT cos in a spot

Rediff.com18 Jun 2019

Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.

4 mistakes Modi made with GST

4 mistakes Modi made with GST

Rediff.com3 Jan 2020

'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rediff.com8 Aug 2018

The trio also accused PM Modi of single-handedly changing the parameters of the deal.

Dialogue with people soon: New J-K LG after taking oath

Dialogue with people soon: New J-K LG after taking oath

Rediff.com7 Aug 2020

'We don't have any agenda in that, there will be no discrimination against anyone. Constitution will be Gita in that'

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

Here's why there is deep-rooted resistance to Lodha reforms...

Here's why there is deep-rooted resistance to Lodha reforms...

Rediff.com9 Feb 2017

The resistance to Lodha panel reforms remains deep rooted in the Board of Control for Cricket in India.

CBI probes Air India's 68 Boeing aircraft order

CBI probes Air India's 68 Boeing aircraft order

Rediff.com9 Nov 2014

Air India had placed an order for 68 aircraft, including Boeing 737s, 777s and 787s, all valued at $11 billion in Dec 2005.

Will BCCI's Ganguly, Shah get an extension?

Will BCCI's Ganguly, Shah get an extension?

Rediff.com22 Jul 2020

The Supreme Court on Wednesday said it would hear after two weeks the applications which have raised issues relating to the Board of Control for Cricket in India. The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justice L Nageswara Rao.

Padma Vibhushan for Rajnikanth, Sri Sri, Dhirubhai

Padma Vibhushan for Rajnikanth, Sri Sri, Dhirubhai

Rediff.com25 Jan 2016

The list of the prestigious Padma Awards 2016 awardees is out and superstar Rajnikanth is set to be honoured with the nation's second highest civilian award, the Padma Vibhushan.

Congressmen press Obama to discuss religious freedom with Modi

Congressmen press Obama to discuss religious freedom with Modi

Rediff.com29 Sep 2014

A group of 11 American lawmakers has written to President Barack Obama to discuss the issue of religious freedom in India with visiting Prime Minister Narendra Modi, during their meetings at the White House.

Agusta scam: After ED, now CBI summons Tyagi

Agusta scam: After ED, now CBI summons Tyagi

Rediff.com29 Apr 2016

CBI sources said while Air Marshal (Retd) Gujral has been asked to appear for questioning on Saturday, Tyagi will be examined on Monday.

Only 'eligible' BCCI office-bearers to attend meet on July 17

Only 'eligible' BCCI office-bearers to attend meet on July 17

Rediff.com5 Jul 2020

BCCI Apex Council will work on finalising India's revised Future Tours Program and the domestic season.

Mamata calls governor 'corrupt', Dhankhar hits back

Mamata calls governor 'corrupt', Dhankhar hits back

Rediff.com28 Jun 2021

Banerjee also criticised Dhankhar over his recent visit to North Bengal, claiming a conspiracy was being hatched to divide the region.

CAG was 'very kind' in assessing losses of coal allocations: FM

CAG was 'very kind' in assessing losses of coal allocations: FM

Rediff.com19 Mar 2015

The Supreme Court had cancelled 204 such allotments.

How was private entity given mandate to maintain Red Fort, asks Congress

How was private entity given mandate to maintain Red Fort, asks Congress

Rediff.com28 Apr 2018

The Dalimia Bharat group, under the memorandum of understanding, would maintain the monument and build basic infrastructure around it and has committed a sum of Rs 25 crore for the purpose over a period spanning five years.

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

Rediff.com9 Apr 2019

The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Rediff.com20 Feb 2019

We are going to deliver 36 aircraft. If the government of India wants more aircraft, we will be pleased to deliver, he said.

Can Vinod Rai change the fortunes of ailing banks?

Can Vinod Rai change the fortunes of ailing banks?

Rediff.com4 Mar 2016

Former CAG Vinod Rai said he will not take a single rupee in remuneration from the government for his work.

Rafale: CAG report raises concerns on no sovereign guarantee

Rafale: CAG report raises concerns on no sovereign guarantee

Rediff.com13 Feb 2019

The report noted that the 2007 UPA deal included a 15 per cent bank guarantee against advance payments.

Navy lacks institutional framework to deal with safety: CAG

Navy lacks institutional framework to deal with safety: CAG

Rediff.com21 Jul 2017

The report said a dedicated organisation for dealing with safety issues awaits government's sanction.

CoinSwitch holds Rs 1,083 cr of users' assets

CoinSwitch holds Rs 1,083 cr of users' assets

Rediff.com7 Jan 2023

CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.

Railways won't roll back dynamic pricing for premium trains

Railways won't roll back dynamic pricing for premium trains

Rediff.com22 Aug 2018

Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.

CAG says EPFO earned more, paid less to members in 4 fiscals

CAG says EPFO earned more, paid less to members in 4 fiscals

Rediff.com18 Feb 2014

Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.

Conflict still an issue; it has to change: Ganguly

Conflict still an issue; it has to change: Ganguly

Rediff.com23 Oct 2019

The Conflict ruling suggested in the Lodha reforms for BCCI came under criticism from several quarters as they believed it stopped the former cricketers from coming forward to help Indian cricket and cricketers.

Bureaucrats not granting clearances due to CAG, CVC fear: PM

Bureaucrats not granting clearances due to CAG, CVC fear: PM

Rediff.com17 Jan 2014

Facing accusations of policy paralysis, Prime Minister Manmohan Singh on Friday admitted that growth rate had slowed down because clearances were not granted to infrastructure projects for the fear of Comptroller and Auditor General and Central Vigilance Commission.

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Rediff.com30 Jul 2021

Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.

PMO refuses to give info on Modi's foreign travel

PMO refuses to give info on Modi's foreign travel

Rediff.com8 May 2015

The Prime Minister's Office has refused to give information on the expenses incurred on Prime Minister Narendra Modi's recent visit to Singapore saying it is too "vague" and "wide".

CAG criticises army for 'unauthorised' utilisation of choppers

CAG criticises army for 'unauthorised' utilisation of choppers

Rediff.com18 Dec 2015

The Comptroller and Auditor General of India has criticised the army for "unauthorised" utilisation of helicopters of the aviation corps including sorties undertaken on Saturday, Sunday and holidays which cost the exchequer nearly Rs three crore extra as unauthorised expenditure.

'This looks more like a terror attack'

'This looks more like a terror attack'

Rediff.com2 Dec 2022

'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'

CAG detects scams worth Rs 10,000 crore in Bihar

CAG detects scams worth Rs 10,000 crore in Bihar

Rediff.com15 Jul 2014

The Comptroller and Auditor General detected financial irregularities of over Rs 10,000 crore in Bihar government departments during the financial year 2012-13.

Unwanted controversy surfaces again in women's coach selection

Unwanted controversy surfaces again in women's coach selection

Rediff.com20 Dec 2018

Chaudhry said the BCCI cannot approve an appointment in the current situation.

How MPs misuse their MPLADS funds

How MPs misuse their MPLADS funds

Rediff.com30 Jul 2013

Public Money, Private Agenda -- The Use and Abuse of MPLADS by A Surya Prakash provides a comprehensive look at the Members of Parliament Local Area Development Scheme, which was launched 20 years ago in 1993. Excerpts from the book.