News for 'Controller of General Accounts'

Will BCCI clear India's tour of South Africa amid Omicron?

Will BCCI clear India's tour of South Africa amid Omicron?

Rediff.com3 Dec 2021

The fate of India's upcoming tour of South Africa amid the trepidation triggered by new COVID-19 variant Omicron will be addressed when the Board of Control for Cricket in India holds its 90th Annual General Meeting in Kolkata on Saturday.

'The more India poses a threat to China...'

'The more India poses a threat to China...'

Rediff.com26 May 2022

'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'

9 WARNING Signs Your Teen Is Suicidal

9 WARNING Signs Your Teen Is Suicidal

Rediff.com2 Nov 2021

Quite often, you'd see teens not taking a bath for days or ignoring self-care prior to their self-harm attempts.

April-Jan fiscal deficit at $86 bn, crosses full year target

April-Jan fiscal deficit at $86 bn, crosses full year target

Rediff.com28 Feb 2014

In his interim budget on February 17, Finance Minister P Chidambaram said the fiscal deficit would not cross 4.6 per cent of GDP, revising an earlier target of 4.8 per cent.

Corporatising OFBs: An idea whose time has come

Corporatising OFBs: An idea whose time has come

Rediff.com25 Aug 2020

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.

Sushant's father calls Rhea a 'murderer'

Sushant's father calls Rhea a 'murderer'

Rediff.com27 Aug 2020

Sushant Singh Rajput's father K K Singh alleged that Rhea Chakraborty is the "murderer" of his son and demanded her arrest.

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

SC flags possible misuse of funds received through electoral bonds

SC flags possible misuse of funds received through electoral bonds

Rediff.com24 Mar 2021

The Supreme Court Wednesday flagged the issue of possible misuse of funds received through electoral bonds by political parties for illegal purposes like terrorism and asked the Centre whether there was any 'control' over how these funds were put to use.

Pakistan is 'arsonist' disguising itself as 'fire-fighter': India at UNGA

Pakistan is 'arsonist' disguising itself as 'fire-fighter': India at UNGA

Rediff.com25 Sep 2021

"We keep hearing that Pakistan is a 'victim of terrorism'. This is the country which is an arsonist disguising itself as a fire-fighter. Pakistan nurtures terrorists in their backyard in the hope that they will only harm their neighbours," India's first secretary Sneha Dubey said in the UN General Assembly on Friday.

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

ED grills Farooq for 6 hrs, Kashmir parties call it vendetta

Rediff.com20 Oct 2020

The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.

Apr-Aug fiscal deficit at 66.5 per cent of Budget estimate

Apr-Aug fiscal deficit at 66.5 per cent of Budget estimate

Rediff.com30 Sep 2015

The fiscal deficit in the first five months of the current fiscal ended August stood at Rs 3.69 lakh crore, or 66.5 per cent, of Budget estimates for 2015-16.

How India Won The 1971 War

How India Won The 1971 War

Rediff.com3 Dec 2021

December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).

Which way is Pakistan headed?

Which way is Pakistan headed?

Rediff.com12 Oct 2020

With the maulana fully committed and PML (N) cadres prepared to court arrest, this would be the first time where both Punjabis and Pakhtuns would be standing up against the Pakistan army, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.

Sebi tightens IPO fund utilisation norms; won't interfere in issue pricing

Sebi tightens IPO fund utilisation norms; won't interfere in issue pricing

Rediff.com28 Dec 2021

Markets watchdog Sebi on Tuesday decided to tighten norms for utilisation of IPO proceeds by companies, introduce special situation funds to invest only in stressed assets and amend various regulations, including those on mutual funds and settlement proceedings. The board of Sebi, which met on Tuesday, also gave its nod for amending Foreign Portfolio Investor (FPI) regulations and introducing a provision for appointment or re-appointment of any person, including as a managing director or a whole time director or a manager, who was earlier rejected by the shareholders at a general meeting. Once the amended norms are in place, such appointments or re-appointments can only be done with the prior approval of the shareholders.

Putin attacked Ukraine as UNSC was appealing for peace

Putin attacked Ukraine as UNSC was appealing for peace

Rediff.com24 Feb 2022

Guterres, who opened an emergency meeting of the 15-nation Security Council on Ukraine late Wednesday, in his brief off-the-cuff remarks said 'if indeed an operation is being prepared, I have only one thing to say from the bottom of my heart: President Putin, stop your troops from attacking Ukraine. Give peace a chance. Too many people have already died'.

Vaccines: Look to Russia, not US!

Vaccines: Look to Russia, not US!

Rediff.com3 Jun 2021

An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.

Fiscal deficit in Apr-Dec crosses 95% of annual target

Fiscal deficit in Apr-Dec crosses 95% of annual target

Rediff.com31 Jan 2014

Country's fiscal deficit touched Rs 516,390 crore or 95.2 per cent of the annual target during April-December, the Controller General of Accounts said.

Achche din eludes both Centre and states

Achche din eludes both Centre and states

Rediff.com28 Nov 2017

Data released earlier by CAG shows capital expenditure by the Centre had contracted 9.2 per cent in Q2

'If you get scared of cartoonists, how will you work?'

'If you get scared of cartoonists, how will you work?'

Rediff.com11 Jun 2021

'Let Modi not be in the news, I will stop making cartoons on him.'

'Congress should forget about 2024'

'Congress should forget about 2024'

Rediff.com1 Jun 2022

'If things don't work on the ground and they continue moving at this pace, it will vanish.'

Why is China more and more nervous?

Why is China more and more nervous?

Rediff.com14 Apr 2021

The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.

Weightlifting could lose spot in Olympics: IOC

Weightlifting could lose spot in Olympics: IOC

Rediff.com10 Jun 2020

An independent report last week said the IWF was plagued by decades of corruption orchestrated by autocratic former president Tamas Ajan.

Land reforms fail, only 5% of India's farmers control 32% land

Land reforms fail, only 5% of India's farmers control 32% land

Rediff.com18 May 2016

The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.

Leaders Need Strong Sense Of Who They Are

Leaders Need Strong Sense Of Who They Are

Rediff.com10 Feb 2022

'I have always believed that life doesn't get easier or more forgiving; we only get stronger and more resilient.'

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Rediff.com29 Aug 2020

According to the plan made by the lenders and RIL, all Future group listed companies will be merged into Future Enterprises. RIL will then invest Rs 8,500 crore in the merged entity which will include the retail business.

'Nation remains grateful to Galwan bravehearts'

'Nation remains grateful to Galwan bravehearts'

Rediff.com15 Jun 2021

On the first anniversary of the deadly clashes, the army said the supreme sacrifice of the soldiers while fighting the adversary in the "most difficult" high altitude terrain will be "eternally etched" in the memory of the nation.

A former ISI chief's SENSATIONAL story

A former ISI chief's SENSATIONAL story

Rediff.com16 Nov 2020

General Asad Durrani's disclosures could leave considerable egg on the face of those currently wielding the stick in Pakistan, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.

Chidambaram confident of restricting fiscal deficit to 4.8%

Chidambaram confident of restricting fiscal deficit to 4.8%

Rediff.com2 Jan 2014

Unperturbed by the rise in the fiscal deficit, Finance Minister P Chidambaram on Thursday exuded confidence that it would remain within the target of 4.8 per cent of GDP in the current financial year.

What To Expect from Modi-Kishida Summit

What To Expect from Modi-Kishida Summit

Rediff.com19 Mar 2022

China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.

How India narrowly escaped a health crisis

How India narrowly escaped a health crisis

Rediff.com5 Dec 2017

The Philippines launches probe after Sanofi reveals WHO-approved dengvaxia - a dengue vaccine - aggravates symptoms in some cases.

How the government manages its expenses in GST regime

How the government manages its expenses in GST regime

Rediff.com11 Oct 2017

In a circular, the home ministry said the revised cash management system, formulated by the ministry of finance, has to be followed in view of the changes in tax receipt under the GST regime.

Ganguly asked to respond to 'Conflict of Interest' complaints

Ganguly asked to respond to 'Conflict of Interest' complaints

Rediff.com3 Apr 2019

The BCCI Ombudsman Justice D K Jain has asked former India captain Sourav Ganguly to clear his stand on allegations of conflict of interest in his role as Delhi Capitals advisor while serving as president of Cricket Association of Bengal.

Why the Taliban Conquered Without A Fight

Why the Taliban Conquered Without A Fight

Rediff.com24 Aug 2021

The Afghan tradition of gaining control of areas does not necessarily involve combat. Most engagements are settled through negotiations and pay-offs before battle is joined. This style of fighting is peculiar to Afghanistan, explains Ajai Shukla, who witnessed such a transaction between the Taliban and the Northern Alliance in November 2001.

Fiscal deficit bang on target, India a bright spot: FinMin

Fiscal deficit bang on target, India a bright spot: FinMin

Rediff.com31 May 2016

The government aims to further bring down the fiscal deficit -- the gap between expenditure and revenue -- to 3.5 per cent.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

Freebies Making States Cash-Strapped?

Freebies Making States Cash-Strapped?

Rediff.com26 Apr 2022

While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.

How To MANAGE INCREASING EMIs

How To MANAGE INCREASING EMIs

Rediff.com24 May 2022

Gaurav Mohta lists three ways to ensure a smooth financial situation for your family despite rising interest rates.

Want To SKIP SUGAR? Try These Options

Want To SKIP SUGAR? Try These Options

Rediff.com21 Jun 2022

Replacing refined sugar with dates, honey, stevia can help you stay healthy.

Few big numbers Jaitley will have to crunch to meet fiscal goals

Few big numbers Jaitley will have to crunch to meet fiscal goals

Rediff.com6 Apr 2015

Finance Ministr Arun Jaitley will have to do a balancing act to manage fiscal prudence.

India's fiscal deficit hits 99% of full-year target in Nov

India's fiscal deficit hits 99% of full-year target in Nov

Rediff.com31 Dec 2014

The government is committed to restricting the fiscal deficit at 4.1 per cent of the GDP during the current financial year