News for 'comptroller-and-auditor-general'

All you need to know about the fodder scam

All you need to know about the fodder scam

Rediff.com1 Oct 2013

Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

Rise in black money due to election funding

Rise in black money due to election funding

Rediff.com18 Nov 2016

Political funding of elections has led to the rise in black money in the economy.

200 SEZs likely to be exempt from 18.5% MAT

200 SEZs likely to be exempt from 18.5% MAT

Rediff.com28 Jan 2016

Commerce ministry monitoring remedial measures to promote exports in key markets.

CEC Sunil Arora's big test

CEC Sunil Arora's big test

Rediff.com1 Apr 2019

'The EC is a sacred institution.' 'In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'

Heavy rain forecast for next 3 days in Uttarakhand

Heavy rain forecast for next 3 days in Uttarakhand

Rediff.com24 Jun 2013

The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.

Two major risks that make Aadhaar vulnerable

Two major risks that make Aadhaar vulnerable

Rediff.com9 Aug 2018

The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.

India loses its edge over China's navy

India loses its edge over China's navy

Rediff.com2 Apr 2017

With the expected launch of The People's Liberation Army (Navy)'s second aircraft carrier on April 23, China will match India in carrier numbers.

SC order on coal blocks: Rs 2-lakh-crore investments at stake

SC order on coal blocks: Rs 2-lakh-crore investments at stake

Rediff.com26 Aug 2014

CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.

Kader Khan, Gambhir among 112 conferred with Padma awards

Kader Khan, Gambhir among 112 conferred with Padma awards

Rediff.com25 Jan 2019

Folk artist from Chhattisgarh Teejan Bai, Guelleh, Naik and theatre actor from Maharashtra Balwant Moreshwar Purandare will be honoured with Padma Vibushan.

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

Rediff.com18 Jun 2014

In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.

How India bungled on foreign investor tax row

How India bungled on foreign investor tax row

Rediff.com19 May 2015

Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion

Aviation Min may increase 20% seats on Dubai-India sector

Aviation Min may increase 20% seats on Dubai-India sector

Rediff.com24 Feb 2014

The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.

Bold step of rationalising spectrum base price worked: Sibal

Bold step of rationalising spectrum base price worked: Sibal

Rediff.com4 Feb 2014

Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

The Cinderella of all Budgets

The Cinderella of all Budgets

Rediff.com25 Feb 2015

The service conditions and judges' remuneration are not alluring .

Essar Power's Rs 11,000-crore investment awaits approval

Essar Power's Rs 11,000-crore investment awaits approval

Rediff.com3 Nov 2013

Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.

KG basin controversy: SC seeks response from Reliance

KG basin controversy: SC seeks response from Reliance

Rediff.com16 Jan 2015

The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com25 Sep 2013

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.

God help the passengers of Indian Railways' high speed trains

God help the passengers of Indian Railways' high speed trains

Rediff.com4 Dec 2014

Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.

Black money trail: Tall promises meet big challenges

Black money trail: Tall promises meet big challenges

Rediff.com1 Dec 2014

There is no doubt that the Modi government has showed greater urgency in unearthing unaccounted money stashed away by some Indians in tax havens and other countries, enjoying the advantages of the latter's banking secrecy laws.

2G verdict is a big win for crony socialism

2G verdict is a big win for crony socialism

Rediff.com27 Dec 2017

The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.

4 reasons why India needs a separate Union sanitation ministry

4 reasons why India needs a separate Union sanitation ministry

Rediff.com29 Sep 2015

Sanitation is always clubbed with other departments, which lead to its neglect, says Devanik Saha.

How MPs misuse their MPLADS funds

How MPs misuse their MPLADS funds

Rediff.com30 Jul 2013

Public Money, Private Agenda -- The Use and Abuse of MPLADS by A Surya Prakash provides a comprehensive look at the Members of Parliament Local Area Development Scheme, which was launched 20 years ago in 1993. Excerpts from the book.

How 2G case impacts telecom sector to this day

How 2G case impacts telecom sector to this day

Rediff.com22 Dec 2017

The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.

'As a manager, Rajan hasn't been very good for the RBI'

'As a manager, Rajan hasn't been very good for the RBI'

Rediff.com18 Jun 2016

'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.

Gujarat election: Rural belt may spring a nasty surprise for BJP

Gujarat election: Rural belt may spring a nasty surprise for BJP

Rediff.com11 Dec 2017

Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Rediff.com12 Sep 2014

Former Comptroller Auditor General Vinod Rai has come out with a stinging criticism of former Prime Minister Manmohan Singh saying integrity is not just financial but intellectual and professional too and claimed that Congress leaders had sought to apply pressure on him to keep the PM's name out of audit reports.

How India can run its PSUs profitably

How India can run its PSUs profitably

Rediff.com31 May 2016

A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.

'Modi is following a policy of shoot and scoot'

'Modi is following a policy of shoot and scoot'

Rediff.com2 May 2016

'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'

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.

Tight-fisted Jaitley offers promises to debt-ridden banks only

Tight-fisted Jaitley offers promises to debt-ridden banks only

Rediff.com1 Mar 2016

Analysts were expecting the government to propose higher capital infusion for banks.

Is rural India angry with Modi?

Is rural India angry with Modi?

Rediff.com8 Apr 2015

The anger against land acquisition is not only among landowners.

Is India ready for war? No, not really

Is India ready for war? No, not really

Rediff.com16 Aug 2017

'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).

Legacy issues with Air India and the way ahead

Legacy issues with Air India and the way ahead

Rediff.com26 Feb 2015

Air India needs to up the ante in order to compete with rival carriers.

Several Akhilesh projects under Yogi scanner

Several Akhilesh projects under Yogi scanner

Rediff.com3 Aug 2017

The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.

Companies hoping for the tide to turn

Companies hoping for the tide to turn

Rediff.com26 Dec 2013

Year 2013 saw business leaders facing the ire of hostile investigative agencies.

Markets shrug off Brexit impact but will it last?

Markets shrug off Brexit impact but will it last?

Rediff.com19 Jul 2016

Traders are waiting for the earnings season to kick off.

'National lockdown could have been avoided'

'National lockdown could have been avoided'

Rediff.com7 Apr 2020

'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'