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SOCIAL AUDITORS
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
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 ...
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...
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...
From Rs 75 in cash to the Lok Sabha spotlight: The obscure party at the centre of the TMC rebellionAn unknown political party, the Nationalist Citizens Party of India, is now central to national politics. Twenty Trinamool Congress MPs ann...
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...
“AC bill too high even at 24°C?”: Expert reveals how to run air conditioner with up to 30% lower power consumptionEnergy auditor says AC electricity bills can be reduced by up to 30% through a combination of simple habits, low-cost upgrades, and regular...
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
View: Why a social stock exchange could be beneficial for IndiaSebi recently published their report regarding the proposed SSE, and while it seems to be driven by holistic development, will it be enough...
CAG finds 'systemic flaws' in Pradhan Mantri Gram Sadak YojanaCAG in its report has disclosed instances of non-adherence to planning procedure in execution of the Pradhan Mantri Gram Sadak Yojana.
8,000 social auditors to monitor, assess works carried out under MGNREGAThe Ministry of Rural Development is collaborating with TISS to form a curriculum for a one-month training programme for existing and new b...
- CAG raises questions about fund usage by Social Justice Ministry bodies
The CAG today raised doubts over whether funds being earmarked to bodies functioning under the Ministry of Social Justice and Empowerment f...
CAG for social audits of NGOs, rural bodiesSocial audit involves auditing of various schemes by non-governmental organizations and local bodies, other than the government auditor.
Need Social Audit of schemes for local bodies: Comptroller and Auditor GeneralThere is a need for Social Audit of government schemes executed by local bodies as their accountability and transparency have not been comm...
No relaxation: Companies have to spend on CSR initiatives, rotate auditorsThe corporate affairs ministry has rejected the industry's demand for a relaxation in the norms on mandatory CSR spending and rotation of a...
- CAG for directorate of social audit in states for MGNREGA
The audit watchdog has recommended this as part of the new audit regime that is likely to scrutinise the flow of hundreds of crores of rupe...