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COMPTROLLER AND AUDITOR GENERAL INDIA
Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...- EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...
- Diaspora members, New Yorkers savour Indian mango varieties at special eventNew York City experienced a delightful 'Indian Mango Festival' at Union Square, showcasing Kesar and Langra varieties. Over a thousand New ...
- Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
- Mamdani-backed candidates win New York Democratic primariesThree candidates backed by New York Mayor Zohran Mamdani won Democratic primary elections for seats in the US House of Representatives on T...
- India, Israel sign MoU to strengthen cooperation in public sector auditingIndia's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...
- General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
- CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...
- TMC rebel faction forms parallel leadership structure, claims support of 64 MLAsA breakaway faction of the Trinamool Congress, led by Ritabrata Bandopadhyay and claiming support from 64 MLAs, has formed a new 30-member ...
- Consulate General of India in Shanghai hosts International Day of Yoga at Bund Finance CentreShanghai's historic Bund was the vibrant setting for India's 12th International Day of Yoga celebration. Over 400 attendees, including dipl...
- Sebi reinstates open market buybacks via exchangesSebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relax...
- Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutinyDigital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...
- Designer subsidies must be the fashionThe Comptroller and Auditor General of India has issued a cautionary note regarding the surging state subsidies that are beginning to weigh...
- CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
- CEA Nageswaran backs CAG audit of local bodiesChief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This...
- CBDT tells tax officers to tighten scrutiny of unexplained income, assetsThe Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and as...
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