News for 'Comptroller and Auditor General'

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

Manoj Sinha sworn in as J-K Lt Guv

Manoj Sinha sworn in as J-K Lt Guv

Rediff.com7 Aug 2020

The 61-year-old, who was administered the oath of office by Jammu and Kashmir High Court Chief Justice Gita Mittal at a simple function in the Raj Bhavan, also said he wants to accelerate development in the union territory, carved out of the erstwhile state of Jammu and Kashmir last year.

Why will anyone opt for tax amnesty scheme?

Why will anyone opt for tax amnesty scheme?

Rediff.com28 Feb 2020

'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.

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.

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?

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rafale papers stolen, Centre tells SC; accuses The Hindu of contempt

Rediff.com7 Mar 2019

The AG said the country needs the Rafale jet to defend itself 'from F-16 fighter planes that recently bombed us'.

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.

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.

HAL apathy: IAF pilots yet to get Stage-II training aircraft

HAL apathy: IAF pilots yet to get Stage-II training aircraft

Rediff.com20 Dec 2014

Pulling up Hindustan Aeronautics Limited for an inordinate delay of 14 years in the development and supply of a trainer aircraft, the CAG has observed that the time overrun has affected the Stage-II training of IAF pilots.

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.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

PM must quit, has no moral right to continue: Mamata

PM must quit, has no moral right to continue: Mamata

Rediff.com8 Dec 2016

'He (Modi) thinks as if he is a tiger, and the only one who is right,' Mamata said.

What would happen if Mumbai faces Chennai's fate?

What would happen if Mumbai faces Chennai's fate?

Rediff.com4 Dec 2015

The civic body had come under severe attack in June.

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.

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.

SC upholds decision to keep DND flyway toll-free

SC upholds decision to keep DND flyway toll-free

Rediff.com11 Nov 2016

"We refuse to grant any relief," the SC said.

In 50 days, Modi govt gave green nod to 5 projects

In 50 days, Modi govt gave green nod to 5 projects

Rediff.com18 Jul 2014

The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.

Congress readies two weapons to target Modi

Congress readies two weapons to target Modi

Rediff.com24 May 2014

Down and out Congress is all set to use 'Modi's doublespeak on CAG reports' and invitation to Nawaz Sharif as weapons to target the prime minister-designate. Renu Mittal reports.

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.

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.

Why it pays to invest in family-owned businesses

Why it pays to invest in family-owned businesses

Rediff.com22 Jul 2016

The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.

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.

Bank funding of spectrum purchases hits DoT wall

Bank funding of spectrum purchases hits DoT wall

Rediff.com15 Feb 2014

Telecom department says spectrum can't be used as collateral because it's government property

Delhi govt orders CAG audit of private power companies

Delhi govt orders CAG audit of private power companies

Rediff.com1 Jan 2014

Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.

Naveen Jindal unhappy with coal verdict, to seek legal help

Naveen Jindal unhappy with coal verdict, to seek legal help

Rediff.com26 Sep 2014

With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.

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.

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'.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

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.

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"

Investor-friendly railway framework soon: Minister

Investor-friendly railway framework soon: Minister

Rediff.com6 Dec 2014

Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.

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.

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.

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'.

India's elusive toilets goal

India's elusive toilets goal

Rediff.com22 Dec 2015

An NSSO survey has revealed that some are using the new toilets as store rooms.

Why dissent will become more difficult in India

Why dissent will become more difficult in India

Rediff.com4 Apr 2016

'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Rediff.com13 Jul 2017

Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.

CBI sees Kunal Ghosh as key to Mamata-Saradha puzzle

CBI sees Kunal Ghosh as key to Mamata-Saradha puzzle

Rediff.com6 Sep 2014

West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.