News for 'Controller General of Accounts'

7 Scams That Can Empty Your Bank Account

7 Scams That Can Empty Your Bank Account

Rediff.com15 Sep 2026

A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.

'Can't die like this': Capt Smit Machchhar recalls flydubai cockpit horror

'Can't die like this': Capt Smit Machchhar recalls flydubai cockpit horror

Rediff.com5 days ago

Indian pilot Smit Machchhar bravely recounts his terrifying mid-air ordeal aboard a flydubai flight last month, detailing how his quick thinking and survival instinct thwarted a co-pilot's planned suicide attack and saved over 170 lives.

HC seeks Centre's reply on always-on bodycams for cops, RAF during protests

HC seeks Centre's reply on always-on bodycams for cops, RAF during protests

Rediff.com7 Oct 2026

The Delhi High Court has directed the Centre to consider a representation for standard operating procedures (SOPs) regarding the mandatory use of 'always-on' body-worn cameras by police and Rapid Action Force personnel during crowd control and protest management. The court asked the government to respond within six months, emphasising accountability in situations involving allegations of excessive force.

Import-linked GST drives 18.1% surge in September revenue

Import-linked GST drives 18.1% surge in September revenue

Rediff.com2 Oct 2026

India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

Rediff.com12 Oct 2026

The Supreme Court expressed dissatisfaction with the Centre's cap on anti-cancer drug trade margins, questioning why similar controls aren't applied to other medicines. The court highlighted significant markups on common drugs and medical devices, urging the government to expand its price regulation efforts and present modalities by October 27.

Jio Platforms IPO: Rs 2.5 lakh cr demand for Rs 8,110 cr anchor book

Jio Platforms IPO: Rs 2.5 lakh cr demand for Rs 8,110 cr anchor book

Rediff.com3 days ago

Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.

Jhota Murder: Family Refuses Post-Mortem Until Demands Met

Jhota Murder: Family Refuses Post-Mortem Until Demands Met

Rediff.com6 hours ago

The family of anti-drug activist Parvinder Singh Jhota, who was shot dead last week in Mansa, is refusing a post-mortem examination until their demands are met. They are seeking a trauma centre in Jhota's name and compensation for the injured, despite the CBI taking over the murder investigation. Protests are ongoing, and a joint action committee has called for resignations and dismissals of officials.

India issues fresh Saudi advisory for citizens as flight chaos continues

India issues fresh Saudi advisory for citizens as flight chaos continues

Rediff.com6 days ago

India has issued a new advisory for its citizens in Saudi Arabia, urging them to follow local instructions, stay indoors during aerial attacks, and be aware of ongoing flight disruptions. The advisory follows an October 10 attack on Riyadh airport that injured several Indians, with some still hospitalised. Major Indian airlines have cancelled flights to Saudi cities until late October, impacting travellers and Umrah pilgrims.

J-K government orders inquiry into babu's abuse of female officer

J-K government orders inquiry into babu's abuse of female officer

Rediff.com6 days ago

The Jammu and Kashmir government has initiated a thorough inquiry into allegations of misconduct against IAS officer Kumar Rajeev Ranjan, who is accused of using abusive language towards a female JKAS officer during a recent virtual review meeting, an incident that has sparked widespread condemnation and calls for strict action.

Seedless Guavas Better Than Indian Ones?

Seedless Guavas Better Than Indian Ones?

Rediff.com2 days ago

rediffGURU Komal Jethmalani, a nutritionist with over three decades of experience, explains why premium, seedless fruits may not necessarily provide better nutrition benefits.

India issues fresh advisory for citizens in Saudi amid Houthi attacks

India issues fresh advisory for citizens in Saudi amid Houthi attacks

Rediff.com4 days ago

India has issued a fresh advisory for its nationals in Saudi Arabia, urging them to take precautions due to heightened security concerns following drone and missile attacks by Yemen's Houthi rebels. The advisory includes instructions on what to do during an aerial attack and notes flight disruptions, with Indian carriers suspending services until late October.

Active Vs Passive Funds: How To Choose?

Active Vs Passive Funds: How To Choose?

Rediff.com6 days ago

Active and passive funds offer different advantages across market-cap segments, making a mix of both a sensible portfolio strategy.

J&K High Court Denies ED's Request For Additional Charges In Cricket Fund Scam

J&K High Court Denies ED's Request For Additional Charges In Cricket Fund Scam

Rediff.com25 Sep 2026

The Jammu and Kashmir High Court has rejected a petition by the Enforcement Directorate to add charges of receiving and concealing stolen property in the alleged Jammu and Kashmir Cricket Association fund scam. While the court upheld the ED's right to file such an application, it found insufficient merit in the current material to invoke sections 411 and 424 of the Ranbir Penal Code, stating that the alleged acts were part of the principal transaction of conspiracy and breach of trust.

Champat Rai's resignation accepted, interim general secretary appointed

Champat Rai's resignation accepted, interim general secretary appointed

Rediff.com6 Jul 2026

The Ram temple trust on Monday accepted the resignations of Champat Rai as its general secretary and member Anil Mishra in the wake of embezzlement of donations. Trustee Krishna Mohan has been named as interim general secretary. The Shri Ram Janmabhoomi Teerth Kshetra Trust also announced the formation of a three-member committee to identify a chief executive officer (CEO) for the temple trust.

How To Protect Inherited Jewellery From Tax Disputes

How To Protect Inherited Jewellery From Tax Disputes

Rediff.com5 Oct 2026

The assessee must explain the nature and source of jewellery and support the explanation with evidence, tax experts say.

Meesho's unique value-commerce model faces stiff competition, premium valuations

Meesho's unique value-commerce model faces stiff competition, premium valuations

Rediff.com3 Oct 2026

Meesho, a value-commerce platform targeting middle- and lower-income geographies, is poised for significant growth driven by its asset-light model and low fulfilment costs, but faces intense competition from e-commerce giants and high valuations.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

Investors opening new brokerage accounts must choose a broker suited to their style.

Centre spends 37% of capex target in four months

Centre spends 37% of capex target in four months

Rediff.com1 Sep 2026

The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.

Rising Inflation? Protect Your Money Now

Rising Inflation? Protect Your Money Now

Rediff.com29 Sep 2026

'Separate needs from wants and minimise discretionary spending.'

Article 370 to 'vote chori': When Gyanesh Kumar made headlines

Article 370 to 'vote chori': When Gyanesh Kumar made headlines

Rediff.com23 Sep 2026

Chief Election Commissioner Gyanesh Kumar is facing significant scrutiny after an investigation revealed objections from his fellow election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, regarding decisions made during the Special Intensive Revision of voter lists. The objections, reportedly made at least 14 times, concerned issues like changes to voter registration forms and centralised control over electoral roll databases, intensifying criticism of Kumar's tenure and the EC's impartiality.

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

DUSU polls: 40.46% turnout recorded; ABVP, NSUI battle for key posts

DUSU polls: 40.46% turnout recorded; ABVP, NSUI battle for key posts

Rediff.com19 Sep 2026

The first phase of the Delhi University Students' Union (DUSU) polls recorded a 36% voter turnout, with a keen contest between ABVP, NSUI, and the AISA-SFI alliance. Student concerns like accountability, affordable accommodation, and accessible administration were prominent, influenced by past protests. The election also saw allegations between student groups and extensive security arrangements.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com5 Sep 2026

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

FCNR(B) funds find a runway ahead of festival season-led credit demand

FCNR(B) funds find a runway ahead of festival season-led credit demand

Rediff.com25 Sep 2026

RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.

Hockey India DG Stripped Of Powers Amidst Jersey Row

Hockey India DG Stripped Of Powers Amidst Jersey Row

Rediff.com12 Sep 2026

Hockey India has issued a show-cause notice to its Director General, Cdr R K Srivastava, immediately stripping him of all powers. The notice lists eight charges, prominently featuring the controversial change in the Indian team's World Cup jersey and Srivastava's unauthorised travel to the event despite directives to focus on the Hockey India League. He has four weeks to respond, failing which further action will be taken.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com21 Aug 2026

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.

Is Paying Through Your Bank Safer Than UPI?

Is Paying Through Your Bank Safer Than UPI?

Rediff.com2 Sep 2026

Can your money be protected against online frauds like hacking, digital arrests, etc?

SC directs Centre, states to expedite special courts for NDPS, NIA cases

SC directs Centre, states to expedite special courts for NDPS, NIA cases

Rediff.com8 Sep 2026

The Supreme Court has directed the Centre, states, and Union Territories to swiftly establish dedicated courts to handle the "alarming rise" in cases under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The directive aims to set up all 449 required NDPS courts within six weeks. Additionally, the court noted progress in establishing special courts for cases probed by the National Investigation Agency (NIA), with several states committing to expedite their operationalisation.

Mumbai Rental Battle: 'You Can't Invade A Woman's Privacy'

Mumbai Rental Battle: 'You Can't Invade A Woman's Privacy'

Rediff.com10 Sep 2026

A Reddit post about a hidden camera in a shared living room has reopened an old question -- how far can a landlord interfere in a home he no longer fully controls? Here's what two Mumbai lawyers have to say.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com28 Aug 2026

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com24 Aug 2026

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.

Probe report on Justice Varma tabled in RS amid removal proceedings

Probe report on Justice Varma tabled in RS amid removal proceedings

Rediff.com12 Aug 2026

An inquiry committee's report into allegations against Justice Yashwant Varma, who faced removal proceedings over unaccounted cash found at his residence, was tabled in Rajya Sabha. The report details the investigation into the alleged discovery of burnt currency following a fire at his official residence. Justice Varma has since resigned, rendering the removal proceedings infructuous, though his resignation is yet to be formally notified.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

Centre Keeps FY27 Fiscal Deficit Tight

Centre Keeps FY27 Fiscal Deficit Tight

Rediff.com1 Aug 2026

The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

Rediff.com13 Jul 2026

The Comptroller and Auditor General (CAG) has identified significant financial irregularities in the Maharashtra government's flagship Ladki Bahin scheme, including an excess expenditure of Rs 3,541.16 crore and the parking of Rs 15,586 crore in Virtual Personal Deposit Accounts (VPDAs) without immediate need. The report highlights deficiencies in budget estimation and financial management, recommending realistic fund assessments and strict adherence to expenditure needs.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.