News for 'Auditor General'

Explore possibility of restoring 4G internet in parts of J-K: SC

Explore possibility of restoring 4G internet in parts of J-K: SC

Rediff.com7 Aug 2020

The apex court was hearing a plea of the NGO seeking initiation of contempt proceedings against the Union home secretary and chief secretary of J-K for their alleged 'wilful disobedience' in complying with the court's May 11 order. The top court told the administration that with the change of L-G, nothing changes as the special committee is there to look into the issue.

Acquittal proves presumptive loss theory was cooked up: Raja

Acquittal proves presumptive loss theory was cooked up: Raja

Rediff.com21 Dec 2017

Raja said he had, in fact, brought a 'revolution' in the telecom sector.

LG Jung forms panel to study files submitted by AAP government

LG Jung forms panel to study files submitted by AAP government

Rediff.com30 Aug 2016

The committee has been tasked to look into "omissions and commissions" in the decision-making process and also to fix responsibility of individuals, including civil and criminal liability, if any, the LG's office said.

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.

How Railways plans to supply quality food to passengers

How Railways plans to supply quality food to passengers

Rediff.com19 Dec 2017

The government had also appointed PricewaterhouseCoopers as consultant to come up with a road map to upgrade base kitchens and service on trains.

Huge litigation in I-T dept: CBDT creates over 200 new posts

Huge litigation in I-T dept: CBDT creates over 200 new posts

Rediff.com11 Aug 2014

The Central Board of Direct Taxes, the apex policy making body of the I-T department, has been undertaking a host of steps to bolster the litigation management wing of the department which has come under criticism not only from courts but also successive Finance Ministers and in the audit reports of the Comptroller and Auditor General.

Own a car? No subsidised LPG for you

Own a car? No subsidised LPG for you

Rediff.com6 Dec 2017

The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy

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.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.

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?

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.

Modi asks UP to end 'vikas ka vanvas'

Modi asks UP to end 'vikas ka vanvas'

Rediff.com8 Feb 2017

I will give answer to the public in 2019, but Akhilesh government must answer to the people as it had ruled it for the last five years, Modi said.

Sitharaman to hold meetings with service chiefs daily

Sitharaman to hold meetings with service chiefs daily

Rediff.com11 Sep 2017

She would also have a separate meeting with the defence secretary every day.

Economy: Modi II will have to undo Modi I's damage

Economy: Modi II will have to undo Modi I's damage

Rediff.com31 Aug 2019

'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.

Delhi govt targets Dikshit; orders FIR in CWG street light scam

Delhi govt targets Dikshit; orders FIR in CWG street light scam

Rediff.com6 Feb 2014

Delhi's new government, headed by Arvind Kejriwal, on Thursday directed its anti-corruption branch to lodge an FIR in the Rs 90-crore street light project for the 2010 Commonwealth Games in which a panel headed by a former Comptroller and Auditor General had indicted the then chief minister Sheila Dikshit.

This is how Jaitley plans to woo foreign investors

This is how Jaitley plans to woo foreign investors

Rediff.com27 Apr 2015

Decision-making has to be much quicker, the finance minister said.

Air India seeks government approval for Rs 200 crore asset sale

Air India seeks government approval for Rs 200 crore asset sale

Rediff.com26 Apr 2015

Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai

Justice Bobde takes oath as 47th CJI

Justice Bobde takes oath as 47th CJI

Rediff.com18 Nov 2019

Justice Bobde has decided several key cases and was part of the recent historic verdict that cleared the way for the construction of a Ram Temple at the disputed site in Ayodhya.

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.

India to auction 56 oil and gas blocks on revamped terms

India to auction 56 oil and gas blocks on revamped terms

Rediff.com6 Jan 2014

The terms are the same as those suggested by a panel headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan for awarding future oil and gas block contracts.

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.

RBI appoints 3-member team to run Lakshmi Vilas Bank

RBI appoints 3-member team to run Lakshmi Vilas Bank

Rediff.com28 Sep 2020

The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.

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.

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'.

Sheila Dikshit, Ambani find their way back on AAP's radar

Sheila Dikshit, Ambani find their way back on AAP's radar

Rediff.com13 Feb 2015

All cases that were registered last year during will be pursued.

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.

46 oil blocks on auction; include area grabbed from Reliance

46 oil blocks on auction; include area grabbed from Reliance

Rediff.com12 Jan 2014

Government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.

PHOTOS: President presents Padma awards to 54

PHOTOS: President presents Padma awards to 54

Rediff.com16 Mar 2019

Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.

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.

After Lodha, BCCI is set for a showdown with ICC's Manohar

After Lodha, BCCI is set for a showdown with ICC's Manohar

Rediff.com9 Oct 2016

The Board of Control for Cricket in India president Anurag Thakur is set for a showdown with current International Cricket Council chairman Shashank Manohar during the ICC Board meet in Cape Town, where the richest cricket board will specifically push for a three-point agenda that includes bringing back the 'Big Three' module.

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.

CAG report blames railways for 2013 Kumbh Mela stampede

CAG report blames railways for 2013 Kumbh Mela stampede

Rediff.com28 Nov 2014

The lack of proper coordination and disaster management plan on the part of railways resulted in the stampede at Allahabad station during last year's Maha Kumbh Mela in which 37 persons were killed, the Comptroller and Auditor General has said.

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.

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.

PM gets acclaim and blame; nothing personal against Dr Singh: Vinod Rai

PM gets acclaim and blame; nothing personal against Dr Singh: Vinod Rai

Rediff.com16 Sep 2014

With his new book creating a major controversy, former Comptroller and Auditor General Vinod Rai on Tuesday said he has nothing personal against former prime minister Manmohan Singh, but all the "acclaim and the blame" has to be taken by the head of the government.

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.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Do you know what a Fudget is?

Do you know what a Fudget is?

Rediff.com23 Jan 2019

'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.

SC's coal block ruling could add to woes of power cos

SC's coal block ruling could add to woes of power cos

Rediff.com26 Aug 2014

De-allocation could raise import bill by $3 billion, add to coal shortage.

GST Compensation Fund: Centre to get bigger share

GST Compensation Fund: Centre to get bigger share

Rediff.com27 Mar 2017

Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.