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NATIONAL AUDITOR
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...- Cracked 19 govt exams! This 23-year-old Raipur woman stunned nation with historic feat; Now she will receive award at Rashtrapati BhavanTwenty-three-year-old Charu Pandey from Raipur has achieved an extraordinary feat by clearing 19 competitive examinations, including presti...
- Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
- Regulator, cos discuss price hike for some cancer drugsIndia's drug pricing authority may soon approve a price hike for vital platinum-based cancer medicines. These drugs, including carboplatin ...
- Sebi bars Chairman Mehta from trading in Rajesh Exports sharesSecurities and Exchange Board of India has barred Rajesh Mehta, chairman of Rajesh Exports, from trading company shares. A forensic probe u...
- 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 ...
- Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
- CAG developing institutional capacity for new age needsIndia should use data and technology to detect corruption and unfair practices in government tenders, with stronger coordination between th...
- CCI keeping pace with market trends, taking firm stance against cartelisation: CAGThe Competition Commission of India is aligning with evolving market dynamics, taking a bold approach against cartel activities. This vigil...
- India's urban transformation must be backed by accountability: CAG at BRICS SAI SummitDuring the BRICS Summit in Bengaluru, K Sanjay Murthy, India's chief auditor, emphasized the urgent call for heightened accountability in u...
- Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23The Statistics Ministry has released new guidelines for calculating states' Gross State Domestic Product. The base year for these calculati...
- CAG conducting special audit of 101 cities to assess ease of living, says MurthyIndia is auditing 101 cities to understand citizen ease of living. The Comptroller and Auditor General is also examining transport and logi...
- Audit watchdog to split disciplinary & probe functions, set up 4 divisionsThe National Financial Reporting Authority (NFRA) is restructuring its operations by creating separate wings for investigation and discipli...
- RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
- RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
- NSE edges closer to IPO nod after Sebi panel clears Rs 1,800 crore settlement proposalThe four-member expert committee on settlement orders is chaired by Jai Narayan Patel, former chief justice of the Calcutta High Court. The...
- Electricity likely to cost more in Delhi; APTEL orders to start liquidation of discom dues in 3 weeksDelhi's electricity bills are set to increase. The Appellate Tribunal for Electricity has ordered the Delhi power regulator to start recove...
- India Post Payments Bank opened accounts without mobile verification: ReportA CAG report has highlighted significant issues at India Post Payments Bank. Accounts were opened without proper mobile number verification...
- Telecom cartel killed spectrum auctions; govt failed to act against them: CAGThe national auditor has alleged that telcos acted as a cartel in spectrum auctions & accused the government of wittingly or unwittingly ai...
- Sunday ET: CAG report: How to get your math right while calculating govt losses next timeThe problem with this approach is that gains made by a private company does not equate to a loss for the exchequer.
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