News for 'Auditor-General of India'

200 SEZs likely to be exempt from 18.5% MAT

200 SEZs likely to be exempt from 18.5% MAT

Rediff.com28 Jan 2016

Commerce ministry monitoring remedial measures to promote exports in key markets.

Modi's 1-year report card: Anti-farmer and pro-corporate sarkar

Modi's 1-year report card: Anti-farmer and pro-corporate sarkar

Rediff.com26 May 2015

Modi sarkar took few initiatives to uplift the poor strate of society.

Billionaire's advice: 'People must borrow less'

Billionaire's advice: 'People must borrow less'

Rediff.com20 Jun 2017

'A lot of people -- whether farmers, students or businessmen -- think when they take a loan, that everything will go well and they will pay back.' 'Sometimes, things don't go well.'

Major changes in finance ministry after Budget

Major changes in finance ministry after Budget

Rediff.com10 Jan 2017

Three key babus will make room for a new set of officers to carry the baton of Budget programmes.

Telenor's Indian adventure: A bold move that didn't click

Telenor's Indian adventure: A bold move that didn't click

Rediff.com3 Mar 2017

After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Setback for ISRO's Antrix; court orders it to pay $672 million as damages to Devas

Rediff.com29 Sep 2015

The International Chamber of Commerce's arbitration body International Court of Arbitration has ruled in our favour in the Antrix-Devas arbitration case and Antrix is liable to pay damages totalling $672 million to it, Devas said on Tuesday.

CAG hauls up ONGC for hiring a 2nd rig from Reliance

CAG hauls up ONGC for hiring a 2nd rig from Reliance

Rediff.com8 Aug 2013

CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.

Rise in black money due to election funding

Rise in black money due to election funding

Rediff.com18 Nov 2016

Political funding of elections has led to the rise in black money in the economy.

SC refuses to entertain PIL challenging CAG appointment

SC refuses to entertain PIL challenging CAG appointment

Rediff.com15 Jul 2013

The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

Cong resists move to present U'khand budget bill in RS

Cong resists move to present U'khand budget bill in RS

Rediff.com10 May 2016

Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.

Anil Swarup: Man who can clean up the coal mess

Anil Swarup: Man who can clean up the coal mess

Rediff.com13 Mar 2015

He is known for his paperless style of working.

Railways readying for action on FDI

Railways readying for action on FDI

Rediff.com8 Aug 2014

With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.

Heavy rain forecast for next 3 days in Uttarakhand

Heavy rain forecast for next 3 days in Uttarakhand

Rediff.com24 Jun 2013

The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.

''Are only lower caste politicians corrupt?'

''Are only lower caste politicians corrupt?'

Rediff.com28 Dec 2017

'(Upper caste) leaders talk against the Constitution, reservations and the nation and still get away.'

Airline biggies threaten legal action against ministry

Airline biggies threaten legal action against ministry

Rediff.com24 Feb 2016

IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.

India's most astute deal maker is now a bankrupt entrepreneur

India's most astute deal maker is now a bankrupt entrepreneur

Rediff.com8 Sep 2014

A look at the life and times of maverick businessman Chinnakannan Sivasankaran

Bold step of rationalising spectrum base price worked: Sibal

Bold step of rationalising spectrum base price worked: Sibal

Rediff.com4 Feb 2014

Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

How 2G case impacts telecom sector to this day

How 2G case impacts telecom sector to this day

Rediff.com22 Dec 2017

The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG red-flags $1.6 bn excess cost recovery by RIL

Rediff.com2 Aug 2016

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.

Coal crunch: A chance to revamp, reallocate and revive

Coal crunch: A chance to revamp, reallocate and revive

Rediff.com28 Aug 2014

In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.

How the Supreme Court standoff can be resolved

How the Supreme Court standoff can be resolved

Rediff.com24 Jan 2018

'Somebody will need to blow the whistle, call the play to a halt, and convince all players that they belong on the same side of the goal,' says Shekhar Gupta.

4 reasons why Rafale could ruin Modi and Parrikar's party

4 reasons why Rafale could ruin Modi and Parrikar's party

Rediff.com23 Sep 2016

There is considerable discomfort within the defence ministry about the Rafale deal.

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

'May Auroville serve as a beacon to the world'

'May Auroville serve as a beacon to the world'

Rediff.com27 Feb 2018

'May it be the guardian which calls for breaking down narrow walls of the mind.' 'May it continue to invite everyone to celebrate the possibilities of humanity's one-ness.' Claude Arpi salutes 50 years of Auroville, a Grand Experiment in Living.

I don't lie: Dassault CEO responds to Rahul on Rafale deal

I don't lie: Dassault CEO responds to Rahul on Rafale deal

Rediff.com14 Nov 2018

On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.

Truly, an extraordinary fellow

Truly, an extraordinary fellow

Rediff.com19 Mar 2019

'Overlying his idealism was a hatred of war and of all things military. He gave no deep thought to politico-military matters and this prevented him from making sound security decisions.'

Can Rita Bahuguna succeed where her father failed?

Can Rita Bahuguna succeed where her father failed?

Rediff.com10 Apr 2019

Sudhir Bisht recalls the battle of 1984, in which UP's strongman H N Bahuguna was felled by Bollywood superstar turned political novice Amitabh Bachchan.

The Cinderella of all Budgets

The Cinderella of all Budgets

Rediff.com25 Feb 2015

The service conditions and judges' remuneration are not alluring .

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

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.

NIIF: A perfect solution for the cash-strapped economy

NIIF: A perfect solution for the cash-strapped economy

Rediff.com15 Feb 2016

The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.

Several Akhilesh projects under Yogi scanner

Several Akhilesh projects under Yogi scanner

Rediff.com3 Aug 2017

The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

'Public sector banks fear being hounded by the 3Cs'

'Public sector banks fear being hounded by the 3Cs'

Rediff.com8 Dec 2017

'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'

Gujarat election: Rural belt may spring a nasty surprise for BJP

Gujarat election: Rural belt may spring a nasty surprise for BJP

Rediff.com11 Dec 2017

Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.

'As a manager, Rajan hasn't been very good for the RBI'

'As a manager, Rajan hasn't been very good for the RBI'

Rediff.com18 Jun 2016

'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

Rediff.com18 Jun 2014

In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.

Govt to end stalemate in coal sector; plans e-auction of mines

Govt to end stalemate in coal sector; plans e-auction of mines

Rediff.com20 Oct 2014

PSUs will get direct allotment.

House proceedings washed out for 7th day, Finance Bill not taken up

House proceedings washed out for 7th day, Finance Bill not taken up

Rediff.com13 Mar 2018

The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.