Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

The Delhi government suffered cumulative losses of over Rs 2,000 crore due to the 2021-2022 excise policy for reasons ranging from weak policy framework to deficient implementation, according to a......

PAC's powers go beyond CAG report: Joshi

Parliament's Public Accounts Committee chairperson M M Joshi on Thursday indicated that overlapping of functions of the panel and the Joint Parliamentary Committee into 2G spectrum scam was not a......

PAC to examine CAG reports on coal block allocation

Parliament's Public Accounts Committee on Thursday decided to examine the four latest reports of the CAG, including the one on coal block allocation, which are critical of the government.With the......

CAG report is not the final word on any issue: SC

CAG report commands respect and cannot be brushed aside but it cannot be the final word on an issue, the Supreme Court said today while noting that the auditor's findings cannot be gospel truth as......

Can Private Bankers Transform Public Sector Banks?

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   Last week's column on the......

How IoT is going to change India's audit ecosystem

The International Organisation of Supreme Audit Institutions (INTOSAI) has adopted the 2026-28 Work Plan, which prioritises cybersecurity audits and remote audits using Internet of Things......

Optimistic about impact of Trump tariffs, RBI tells parliamentary panel

The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was “optimistic” about the impact of the US tariffs on the......

CAG flags anomalies in accounts of units under IT, telecom ministries

The Comptroller and Auditor General of India on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries, including purchases of hardware and software......

'Individuals focused on monetary gain': P T Usha hits back

IMAGE: IOA president P T Usha alleged that some of the executive council members 'have very questionable track records, including allegations of gender bias and even cases of sexual harassment......

'BCCI should become player centric'

'There should be total transparency in the system.' IMAGE: The Indian cricketers celebrate an England wicket during the T20I series, July 9, 2022. Photograph: Stu Forster/Getty Images   Vinod......

Reforms will not pull you back: Supreme Court tells BCCI

Reforms in the Board of Control for Cricket in India will not pull the cash-rich body back, the Supreme Court said on Tuesday and made it clear that it does not intend to reduce the popularity of......

Supreme Court pulls up BCCI over reluctance to accept Lodha panel recommendations

The Supreme Court on Thursday pulled up the Board of Control for Cricket in India for its reluctance to comply with the recommendations of the Justice Rajendra Mal Lodha panel, including the one to......