News for 'Auditor-General of India'

Essar Power's Rs 11,000-crore investment awaits approval

Essar Power's Rs 11,000-crore investment awaits approval

Rediff.com3 Nov 2013

Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.

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.

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.

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.

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.'

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.

'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.'

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?

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

Companies hoping for the tide to turn

Companies hoping for the tide to turn

Rediff.com26 Dec 2013

Year 2013 saw business leaders facing the ire of hostile investigative agencies.

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.

Hindalco yet to get any coal, even 8 years later

Hindalco yet to get any coal, even 8 years later

Rediff.com17 Oct 2013

Aditya Aluminium project ready but clearances still stuck for mine

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Rediff.com8 Dec 2014

According to a new subsidy sharing formula, the payout of upstream oil producers like ONGC is to be reduced to the extent of Rs 4,500 per tonne oil development cess they pay to the government, sources privy to the development said.

All you need to know about the fodder scam

All you need to know about the fodder scam

Rediff.com1 Oct 2013

Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.

How the banking crisis will hit Indian economy

How the banking crisis will hit Indian economy

Rediff.com18 Jul 2016

A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.

The dud of a stink bomb

The dud of a stink bomb

Rediff.com3 Oct 2017

By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

Vadra's Sky Light Hospitality made a profit of Rs 33 cr in FY13

Vadra's Sky Light Hospitality made a profit of Rs 33 cr in FY13

Rediff.com4 Nov 2014

Amid the Bharatiya Janata Party governments at the Centre and in Haryana beginning to turn the heat on him, businessman Robert Vadra, also the son-in-law of Congress President Sonia Gandhi, recently ensured his companies filed their pending balance sheets.

An agenda for General Rawat

An agenda for General Rawat

Rediff.com4 Jan 2017

The new army chief's highest priority must be to address the critical hollowness in the Indian Army's operational preparedness, says Brigadier Gurmeet Kanwal (retd).

5 changes Rajya Sabha wanted in Aadhaar Bill

5 changes Rajya Sabha wanted in Aadhaar Bill

Rediff.com17 Mar 2016

The Congress and the Left parties might move court to challenge LS speaker's ruling on Aadhaar as money Bill.

Modi's poll pitch: Decide what kind of pradhan sevak you want

Modi's poll pitch: Decide what kind of pradhan sevak you want

Rediff.com12 Jan 2019

"Will anybody want a servant that who is on vacation when needed at home? And nobody knows where he is," he continued.

Tight-fisted Jaitley offers promises to debt-ridden banks only

Tight-fisted Jaitley offers promises to debt-ridden banks only

Rediff.com1 Mar 2016

Analysts were expecting the government to propose higher capital infusion for banks.

Indradhanush: Rainbow of hope for Indian banks?

Indradhanush: Rainbow of hope for Indian banks?

Rediff.com6 Jun 2016

Indradhanush-II is likely to chart out the process for resolution of non-performing assets.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

God help the passengers of Indian Railways' high speed trains

God help the passengers of Indian Railways' high speed trains

Rediff.com4 Dec 2014

Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.

Markets shrug off Brexit impact but will it last?

Markets shrug off Brexit impact but will it last?

Rediff.com19 Jul 2016

Traders are waiting for the earnings season to kick off.

Why PM needs a Parrikar 2.0 as Raksha Mantri

Why PM needs a Parrikar 2.0 as Raksha Mantri

Rediff.com14 Mar 2017

In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.

A 'success' story that's mostly on paper

A 'success' story that's mostly on paper

Rediff.com30 May 2017

NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.

Modi and the art of propaganda 101

Modi and the art of propaganda 101

Rediff.com20 May 2015

From France to Canada, from Japan to South Korea, all of Modi's barbs came in front of an NRI audience. Over the last one year, with 19 foreign visits, Modi has tried to use diplomacy as a PR event and foreign policy as a means to shore up his image back at home, says Shehzad Poonawalla.

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Why I give 350 seats to BJP

Why I give 350 seats to BJP

Rediff.com21 May 2019

'Rather than an outcome of 'pro-incumbency', the exit poll results betray a completely lackadaisical approach of the Opposition parties.' 'While a new kind of politics was on display for the past five years, they were still mired in their old-style methods which will cost them the election,' predicts Utkarsh Mishra.

PAN-based database of taxpayers in the works

PAN-based database of taxpayers in the works

Rediff.com17 Jun 2015

Database to contain taxable financial transactions and history of any tax-paying individual.

Spectrum scam: What is the actual loss?

Spectrum scam: What is the actual loss?

Rediff.com19 Dec 2014

Though Indians were no strangers to scams, spectrum loss was beyond their wildest imagination.

'Connecting the boys to a plot to kill the PM is utter nonsense'

'Connecting the boys to a plot to kill the PM is utter nonsense'

Rediff.com14 Jun 2018

'It is a concocted letter and we suspect the IB (Intelligence Bureau) to be behind this game.' 'All the investigation agencies should have quietly gone about finding more about this alleged plot to kill the prime minister.' 'Why are you leaking such a letter that reveals the plot to the press as well as to BJP spokespersons?'

The sorry case of a whistle-blower IAS officer

The sorry case of a whistle-blower IAS officer

Rediff.com3 Apr 2015

Whistle-blower officer Ashok Khemka has been shunted again, in breach of rules by BJP government in Haryana. All actions of the previous Congress govt against him still stand even as the Narendra Modi government has chosen to keep away.

Train to Tawang? Build roads first

Train to Tawang? Build roads first

Rediff.com5 May 2017

Before undertaking such difficult projects as a 378-km railway line to Tawang, the government must seriously examine whether having quality roads is a better option.

Poll reforms should begin with the Election Commission

Poll reforms should begin with the Election Commission

Rediff.com31 Jan 2018

For successive governments the Election Commission remains a 'holy cow', where unhealthy precedents are allowed to be nurtured since Independence, says N Sathiya Moorthy.

How crony capitalism is killing the Indian economy

How crony capitalism is killing the Indian economy

Rediff.com15 Aug 2014

Mr Modi, it came across, did not want to be seen as favouring any one business group.

Key lessons for the Railways to turn profitable

Key lessons for the Railways to turn profitable

Rediff.com25 Aug 2016

Even as several trains have more than 200 waitlisted passengers every day, running some trains with so many vacant seats is a criminal waste of scarce resource.

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Kanimozhi, A Raja, 15 others acquitted in 2G scam

Rediff.com22 Dec 2017

The court said a 'scam was created when there was none'.