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STATE FINANCES AUDIT
Portfolio careers gain ground as white-collar gig work surges in IndiaThe rise is being driven by younger professionals: nearly 40% of consultants joining the platform in FY26 had between three and eight years...- 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...
- 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...
- Ram temple donation row: UP govt forms 3-member SITA three-member Special Investigation Team has been formed by the Uttar Pradesh government to investigate allegations concerning donations a...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
- Akhilesh Yadav questions Ram Temple Trust clarification on donation rowIn a brewing controversy, allegations regarding financial irregularities in the donations for the Ram Temple have surfaced. Akhilesh Yadav,...
- 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...
- Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent directorCars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platf...
- IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
- 'Invisible weapons attacking social harmony': Akhilesh Yadav targets BJP, demands audit of funds and assetsSamajwadi Party Chief Akhilesh Yadav has directly attacked the Bharatiya Janata Party. He alleges invisible weapons are being used to harm ...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Elon Musk vs Sam Altman: AI control, not courtroom clash, is the bigger battleElon Musklosing his case againstSam Altmanreignites debate over AI governance, safety and whether institutions can keep pace with rapid adv...
- Assam austerity drive: Inter-district movement of CAPF/Assam Police to be restrictedAssam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...
- West Bengal govt raises upper age limit for government jobsThe West Bengal government has raised the upper age limit for recruitment to state government jobs across categories through amendments to ...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- The power turnaround of Uttar Pradesh: Infrastructure, reform and energy securityUttar Pradesh has transformed from a state plagued by prolonged blackouts to one meeting record electricity demand with near round-the-cloc...
- PNB hikes cybersecurity spend as AI models including Anthropic's Mythos raise risksPunjab National Bank is boosting its cybersecurity spending by over 50% this financial year. The bank is investing heavily in technology to...
- Anthropic deepens finance push as CEO Amodei warns of software disruptionAI firm Anthropic is launching new software for banks and insurers. Ten specialized AI programs will automate tasks like building pitchbook...
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