News for 'Controller General of Accounts'

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.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com4 days ago

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.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com1 days ago

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.

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.

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.'

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.com6 days ago

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.

What Makes Crypto Rise Or Fall?

What Makes Crypto Rise Or Fall?

Rediff.com14 Aug 2026

Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.

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.

Top education ministry officials shifted amid nationwide protests

Top education ministry officials shifted amid nationwide protests

Rediff.com24 Jul 2026

The Indian education ministry has undergone a significant reshuffle of top officials, including the removal of higher education secretary Vineet Joshi, amidst widespread controversies surrounding NEET-UG paper leaks and CBSE digital evaluation glitches, with the opposition demanding the resignation of Minister Dharmendra Pradhan.

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.

CRPF backs jawans amid CJP protest action probe, warns against excesses

CRPF backs jawans amid CJP protest action probe, warns against excesses

Rediff.com27 Jul 2026

The top brass of Central Reserve Police Force assured the force's jawans and officers that any decision they made for the "bona fide" discharge of their duties in the recent past will have their support, officials said on Monday.

Operation Safed Sagar Review: Eye In The Sky, Feet On Ground

Operation Safed Sagar Review: Eye In The Sky, Feet On Ground

Rediff.com7 Aug 2026

Operation Safed Sagar is prime purpose may be to honour IAF warriors but it is an inadvertent reminder of how we went from a nation of Jung na hone denge to Ghar mein ghus ke marenge, observes Sukanya Verma.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

India's fugitive hunt intensifies, 274 brought back from 36 nations in 7 yrs

Rediff.com4 Aug 2026

As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.

'A Stone Can't Be Answered With An AK-47'

'A Stone Can't Be Answered With An AK-47'

Rediff.com3 Aug 2026

'Instead of choosing dialogue, the government chose repression... Force ought to be the last resort, not the first.'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

Ram temple trust begins search for CEO. Check the criteria

Ram temple trust begins search for CEO. Check the criteria

Rediff.com14 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust has invited applications for the first Chief Executive Officer (CEO) of the Ram temple in Ayodhya. This new position aims to strengthen administrative and financial management following alleged embezzlement concerns. The CEO will be appointed for a three-year term, overseeing various aspects from finance to pilgrim facilities, and must be an actively practising Hindu with specific managerial experience.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

SIT probe reveals systematic theft, lapses at Ram Temple

SIT probe reveals systematic theft, lapses at Ram Temple

Rediff.com7 Jul 2026

A Special Investigation Team (SIT) probing alleged theft and embezzlement of donations at the Ram Temple in Ayodhya has found repeated instances of employees concealing cash during counting and flagged serious security and supervision lapses. The preliminary report, shared with the Shri Ram Janmabhoomi Teerth Kshetra Trust, indicates systematic irregularities and financial discrepancies among employees, leading to arrests and resignations within the trust.

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Kuwait, Bahrain attacked; Jordan downs 4 Iranian missiles

Rediff.com13 Jul 2026

Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.

US hits over 80 targets in Iran after Hormuz attacks

US hits over 80 targets in Iran after Hormuz attacks

Rediff.com8 Jul 2026

The United States conducted retaliatory strikes against Iran, targeting over 80 sites, after accusing Tehran of attacking commercial vessels in the Strait of Hormuz, while Iran condemned the US decision to revoke a temporary suspension of sanctions on Iranian oil sales.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

How Mumbai's Siddhivinayak Temple Counts Cash, Donations

How Mumbai's Siddhivinayak Temple Counts Cash, Donations

Rediff.com17 Jul 2026

'Earlier, people used to hand money directly to priests after a ritual, and priests would keep it in their own pockets. We completely stopped that practice.'

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com23 Jun 2026

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

'Hit them hard again tonight': Trump warns of more strikes on Iran

'Hit them hard again tonight': Trump warns of more strikes on Iran

Rediff.com8 Jul 2026

Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.

Delhi HC orders removal of malicious social media posts on Raghav Chadha

Delhi HC orders removal of malicious social media posts on Raghav Chadha

Rediff.com1 Jul 2026

The Delhi High Court has ordered the removal of certain objectionable social media content targeting MP Raghav Chadha, who had filed a lawsuit against malicious, AI-generated, and deepfake content impacting his reputation. While some content was deemed not prima facie defamatory, specific objectionable material was ordered to be taken down.

Nitish didn't leave INDIA bloc because of me: Rahul

Nitish didn't leave INDIA bloc because of me: Rahul

Rediff.com12 Jun 2026

Congress leader Rahul Gandhi told INDIA bloc leaders that despite public anger indicating a win for the opposition, the main challenge is the alleged lack of free and fair elections due to the BJP's control over state institutions. He urged unity and a strategy of 'resistance' against what he termed election 'theft'.

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

Rediff.com25 Jun 2026

'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'

Why Investors Are Choosing Equity Savings Funds

Why Investors Are Choosing Equity Savings Funds

Rediff.com3 Jul 2026

The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

300 mm rain in 24 hrs floods Mumbai; road, rail traffic hit

Rediff.com25 Jun 2026

Mumbai experienced heavy overnight monsoon rains, with some areas receiving over 200 mm in 24 hours, leading to widespread waterlogging, traffic congestion, and disruptions in suburban train services, particularly on Central Railway lines due to a track cave-in.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Want To Invest In Life Cycle Funds?

Want To Invest In Life Cycle Funds?

Rediff.com2 Jul 2026

Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Rediff.com2 Jun 2026

A Mumbai court has summoned Rashmi Saluja, former executive chairperson of Religare Enterprises Ltd (REL), and four others in connection with a money laundering case linked to Employee Stock Option Plans (ESOPs). The Enforcement Directorate's case is based on a police complaint registered against the accused for alleged criminal conspiracy and cheating in 2024.

How Telangana Police Cracked Online Betting Racket

How Telangana Police Cracked Online Betting Racket

Rediff.com1 Jun 2026

Telangana CID arrests 11 individuals, including an Afghan national, for allegedly operating online betting across multiple states through the Dafabet platform. The investigation revealed a complex network of mule accounts and a coordinated multi-state criminal operation.

Haryana Police Steps Up Security For NEET, Intensifies Drug Crackdown

Haryana Police Steps Up Security For NEET, Intensifies Drug Crackdown

Rediff.com29 May 2026

Haryana's Director General of Police, Ajay Singhal, chaired a review meeting to assess law and order, NEET exam security, and the progress of the drug-free campaign in the state.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com9 Jun 2026

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

US hits Iran's Qeshm Island; Tehran targets Kuwait, Bahrain

US hits Iran's Qeshm Island; Tehran targets Kuwait, Bahrain

Rediff.com3 Jun 2026

The United States military and Kuwaiti air defence forces successfully intercepted multiple Iranian ballistic missile and drone attacks targeting Kuwait and Bahrain, with Iran's state broadcaster claiming American military installations in Kuwait were deliberately targeted.

Xi Vs The Generals: Why It Matters To India

Xi Vs The Generals: Why It Matters To India

Rediff.com2 Feb 2026

If Xi Jinping can establish control over the PLA Ground Force, relations between India and China will settle down to an even keel. The next few weeks will show whether Xi has finally succeeded in gaining control over the PLA Ground Force. That could bring about the substantive shift in India-China relations that both our leaders have been working for, observes Ambassador Prabhat Shukla.