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".
Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.
CBI sources said while Air Marshal (Retd) Gujral has been asked to appear for questioning on Saturday, Tyagi will be examined on Monday.
The trio also accused PM Modi of single-handedly changing the parameters of the deal.
The Comptroller and Auditor General detected financial irregularities of over Rs 10,000 crore in Bihar government departments during the financial year 2012-13.
Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.
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.
The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.
The project shows a lack of respect for history, even if an inalienable part of it is colonial history, asserts T N Ninan.
Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.
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.
In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.
In a presentation to investors in Mumbai last week, Aramane Giridhar, Joint Secretary (Exploration) gave detailed reasons for pendency of decisions in the Ministry of Petroleum and Natural Gas where officials approved of decisions but refused to issue formal orders, resulting in delays in production of oil and gas.
Reliance Power is yet to get a new CEO after J P Chalasani quit as managing director and chief executive officer.
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.
After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
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.
India on Wednesday cancelled its Rs 3,600 crore deal with Anglo-Italian firm AgustaWestland for the supply of 12 VVIP choppers to the Air Force in view of charges that kickbacks to the tune of Rs 360 crore had been paid in it.
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.
The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.
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.
'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'
CAG in the audit report on land issues in three IT parks also said 64% land given for IT development remained unutilised since 1990
The committee has decided that access to 4G internet in J-K will be given in a calibrated manner and outcome of the trial will be reviewed after two months.
We are going to deliver 36 aircraft. If the government of India wants more aircraft, we will be pleased to deliver, he said.
There is no need for increased superintendence over the CBI in the aftermath of the coal blocks allocation and 2G scam cases, CVC K V Chowdary said on Sunday.
The report noted that the 2007 UPA deal included a 15 per cent bank guarantee against advance payments.
The move is significant as it would extend the power of CAG -- set up to audit central and state government departments as well as PSUs -- to private sector companies.
Former CAG Vinod Rai said he will not take a single rupee in remuneration from the government for his work.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
'We don't have any agenda in that, there will be no discrimination against anyone. Constitution will be Gita in that'
Chaudhry said the BCCI cannot approve an appointment in the current situation.
Lack of sanitation is leading to avoidable deaths of infants, and underweight and stunted children.
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.
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.
Swaraj Abhiyan leaders Prashant Bhushan and Yogendra Yadav in Delhi accused the Raman Singh government of paying $1.57 million (Rs 10 crore) as 'commission' to a company registered in tax-haven British Virginia Islands to procure the chopper.
BCCI Apex Council will work on finalising India's revised Future Tours Program and the domestic season.
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.