News for 'Auditor General'

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.

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.

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.

Over 11K Amrapali flats to be given possession in 2-3 months

Over 11K Amrapali flats to be given possession in 2-3 months

Rediff.com23 Sep 2022

In a good news for the hassled home buyers of Amrapali Group, the Supreme Court on Friday was informed that 11,858 flats will be delivered in 2 to 3 months of which 5, 428 units will be handed over the possession in October. A bench of Chief Justice UU Lalit and Justice Bela M Trivedi was informed by court receiver senior advocate R Venkataramani that in the upcoming festive season next month 5,428 flats which have been completed by the NBCC will be given to the home buyers with electricity and water connection. "We are facing some issues in providing electricity and water connections to the other 6,430 completed flats and once the connections are provided and they receive completion certificates, these units will be handed over to the home buyers in the next two to three months", he said.

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?

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.

3 Pilots Tested Positive For Psychotropic Substances

3 Pilots Tested Positive For Psychotropic Substances

Rediff.com27 Aug 2022

commercial airlines and air navigation service providers have to carry out random drug tests on at least 10 per cent of their flight crew and air traffic controllers every year.

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.

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'.

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.

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

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.

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.

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.

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.

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.

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.

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.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

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.

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.

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.

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.

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.

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

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.

IL&FS value to be preserved, says non-executive chairman Uday Kotak

IL&FS value to be preserved, says non-executive chairman Uday Kotak

Rediff.com5 Oct 2018

The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"

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.

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.

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.

Who is Sameer Wankhede, really?

Who is Sameer Wankhede, really?

Rediff.com18 Nov 2021

For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.

4 banks to brief Parliament panel on loan defaulters

4 banks to brief Parliament panel on loan defaulters

Rediff.com23 Feb 2017

The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.

Can the industry avoid being scrutinised by CAG?

Can the industry avoid being scrutinised by CAG?

Rediff.com10 Jan 2014

CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.

Amid Doklam standoff, govt plans to speed up roads along China border

Amid Doklam standoff, govt plans to speed up roads along China border

Rediff.com21 Aug 2017

The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.

CAG exposes UP govt's false claims on Kumbh Mela success

CAG exposes UP govt's false claims on Kumbh Mela success

Rediff.com2 Jul 2014

The Uttar Pradesh government's oft-repeated claims about the success of the 2013 Kumbh Mela have fallen flat, with the Comptroller and Auditor General pointing out various failures and pitfalls in the mega event.

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Rediff.com11 May 2016

He also said that Bharatiya Janata Party MP Subramanian Swamy has not lied about the deal but it seems he has been misled.