Search result for 'cag'

HP Govt. Fails to Submit Utilization Certificates for Rs 2,795 Crore

March 27, 2025 21:20

The Himachal Pradesh government has failed to submit utilization certificates for Rs 2,795.23 crore, according to a CAG report. This raises concerns about the actual spending of these funds. Read...

CAG, BISAG-N Partner for Remote Sensing in Audits

March 26, 2025 19:24

The Comptroller and Auditor General (CAG) of India has partnered with BISAG-N to leverage advanced technologies in remote sensing and geographic information systems to enhance audit capabilities.

CAG & IIM Mumbai Partner for Logistics & Supply Chain Efficiency

March 25, 2025 20:05

The CAG and IIM Mumbai have signed an MoU to enhance efficiency and transparency in public sector logistics, supply chain and inventory management. The partnership will involve research, training...

Parliament Panel Wants Clear Spectrum End Use in Auctions

March 21, 2025 20:33

A Parliamentary panel recommends clear end use of spectrum in auctions to prevent misuse, citing Reliance Jio's undue gains from past BWA spectrum auctions.

Ram Temple Trust Pays Rs 400 Crore in Taxes: Religious Tourism Boom

March 16, 2025 20:43

The Shri Ram Janmabhoomi Teerth Kshetra Trust has paid Rs 400 crore in taxes over the past five years, driven by a surge in religious tourism to Ayodhya.

CAG Murthy & 16th FinCom Discuss Public Finance

March 5, 2025 20:08

CAG K Sanjay Murthy and 16th Finance Commission Chairman Arvind Panagariya discussed public finance, GST administration, and accounting practices.

Sitharaman Urges User-Friendly Govt. Accounts

March 1, 2025 14:11

Finance Minister Nirmala Sitharaman calls for making government accounts more accessible, urging officials to focus on user-friendliness and citizen engagement.

Delhi Excise Policy: CAG Report Highlights Monopoly Risks & Brand Pushing

February 25, 2025 15:36

A CAG report on Delhi's 2021-22 excise policy highlights the risks of monopolies and brand pushing, with just 3 wholesalers controlling over 71% of liquor supply. The report also flagged the...

CAG & IIT Madras Partner for Sustainable Audit

February 24, 2025 20:25

CAG and IIT Madras sign MoUs to enhance audit skills, leverage AI and ML for sustainable auditing, and improve data analysis capabilities.

Creditaccess Grameen Secures USD 50 Million Loan from IFC

February 3, 2025 16:38

Creditaccess Grameen, India's largest NBFC-MFI, will borrow USD 50 million from IFC to expand reach to 40 lakh women borrowers, particularly those in agriculture.

India Aims for 100% Social Security for Construction Workers

January 14, 2025 18:15

India's Labour Ministry calls for 100% social security coverage for construction workers, including health, insurance, and accident benefits. The move aims to leverage technology and improve...

Telecom Investment Recovery Challenged by Subscriber Loss, Satcom Competition

December 29, 2024 09:08

Indian private telecom operators face a difficult 2025 with subscriber losses, price wars from satellite providers like Starlink, and the need for heavy 5G investment.

Telcos Investment Recovery in Limbo: Tariff Hike Backfires, Price War Looms

December 28, 2024 18:04

India's telcos face investment recovery challenges as tariff hikes backfire and competition from satellite services like Starlink intensifies. The 5G rollout and potential price war with satcom...

CAG Finds Rs 194 Crore Loss by Oriental Insurance

December 19, 2024 18:08

The Comptroller and Auditor General (CAG) has flagged a Rs 194 crore loss incurred by Oriental Insurance Company due to improper bidding rates for Pradhan Mantri Fasal Bima Yojna.

CAG Finds Flaws in India's Export Promotion Scheme EPCG

December 17, 2024 21:38

The Comptroller and Auditor General (CAG) of India has found irregularities in the Export Promotion Capital Goods (EPCG) scheme, highlighting concerns about its monitoring and implementation. The...

DMRC Faces Rs 15.54 Crore Shortfall Due to Contractor's Poor Work - CAG

December 16, 2024 21:26

The CAG has flagged concerns over the Delhi Metro Rail Corporation's inability to recover Rs 15.54 crore owed due to poor construction quality by a contractor. The DMRC was forced to carry out...

India Aligns Auditing with Global Standards: NFRA Chief

December 8, 2024 16:00

NFRA chief Ajay Bhushan Prasad Pandey emphasizes aligning Indian auditing with global standards to boost investor confidence, attract funds, and ensure financial data credibility. The move aims to...

Modi Govt Committed to Prevent Cooperative Fraud

December 4, 2024 17:28

MoS Krishan Pal assures Rajya Sabha that the Modi government is committed to preventing fraud in cooperative societies, with stringent measures in place and no culprit spared.

NFRA Approves Auditing Standards for LLPs

November 25, 2024 19:56

The National Financial Reporting Authority (NFRA) has approved 40 auditing standards for Limited Liability Partnerships (LLPs), including Standards on Quality Management. These standards, finalized...

CAG Urges Officers to Adapt to Tech Changes

November 16, 2024 14:05

Comptroller and Auditor General of India (CAG) Girish Chandra Murmu has urged officers to embrace new technologies and adapt to a changing governance environment. The CAG also highlighted the...

NFRA Recommends Auditing Standard Changes: ICAI Disagrees

November 12, 2024 21:30

NFRA proposes revisions to auditing standards SA 600 and SA 299, but the ICAI disagrees, citing concerns over potential duplication and costs. The regulator also recommends changes to SQC1 as...

CAG Inaugurates Sports Complex in Ranchi

November 8, 2024 15:27

Comptroller and Auditor General of India Girish Chandra Murmu inaugurated a sports complex in Ranchi, dedicated to promoting competitive sports for CAG teams and local players.

Assam's Debt Soars to Rs 1.52 Lakh Cr: Congress Demands Fiscal Transparency

October 16, 2024 16:37

Congress demands a white paper on Assam's finances, alleging a huge rise in debt under CM Himanta Biswa Sarma and financial mismanagement leading to salary delays and contractor payment issues.

CAG Urges Earlier State Account Closure | India News

October 8, 2024 19:14

CAG Girish Chandra Murmu calls for advancing state monthly account finalization date to 10th of succeeding month, emphasizing financial management harmonization and robust reporting.

Rural India Development Key for Viksit Bharat by 2047: CAG

October 1, 2024 14:32

CAG emphasizes the importance of rural development for achieving India's Viksit Bharat goal by 2047, highlighting the need for strengthening local bodies and ensuring efficient implementation of...

CAG Develops AI for Faster Audit Reports

September 25, 2024 18:47

India's Comptroller and Auditor General (CAG) is developing its own AI system to speed up the writing of audit reports. The CAG also discussed capacity-building and IT audit frameworks at the...

President Murmu Stresses Timely Audit of Public Finance

September 24, 2024 12:50

President Droupadi Murmu emphasized the importance of timely audits for effective public finance management, highlighting the need for audit bodies to adapt to technological advancements.

CAG Murmu: Audit Bodies Must Address Privacy Risks, AI Bias

September 24, 2024 12:12

CAG of India Girish Chandra Murmu calls on audit bodies to address growing risks of privacy breaches, algorithmic biases, and social exclusion. He emphasizes the need for scrutinizing AI and...

President Murmu to Inaugurate 16th ASOSAI in New Delhi

September 22, 2024 14:08

President Droupadi Murmu will inaugurate the 16th Assembly of the Asian Organization of Supreme Audit Institutions (ASOSAI) in New Delhi on Tuesday, focusing on transparency and accountability.

ICAI Criticizes NFRA's SA 600 Revision Plan

September 20, 2024 17:12

ICAI seeks more time to review NFRA's proposed changes to auditing standard SA 600, arguing the move was surprising and could negatively impact small and medium CA firms.

CAG & Saudi Arabia Sign Pact to Strengthen Audit Cooperation

August 30, 2024 16:00

The Comptroller and Auditor General of India (CAG) has signed an MoU with the General Court of Audit of Saudi Arabia to enhance cooperation in public sector auditing, including joint training...

CAG signs MoU with Bahrain's National Audit Office

August 28, 2024 15:04

The Comptroller and Auditor General of India (CAG) has signed a MoU with Bahrain's National Audit Office to enhance audit collaboration and professional development.

CAG Urges FinMin to Identify High-Risk GST Composition Taxpayers

August 19, 2024 13:15

The CAG has urged the Finance Ministry to identify high-risk taxpayers in the GST composition scheme to prevent tax evasion, citing concerns over under-declaration of sales and non-compliance with...

India's CAG Signs Pact with Uzbekistan's Chamber of Accounts

August 14, 2024 16:40

India's Comptroller and Auditor General (CAG) has signed an MoU with Uzbekistan's Chamber of Accounts to enhance auditing collaboration and exchange expertise between the two nations.

Union Budget: 'Big Boon' for West Bengal - Governor

July 23, 2024 23:06

West Bengal Governor hails Union Budget as a 'big boon' and urges state government to utilize funds effectively. Read more about the governor's statement and the budget's impact on West Bengal.

CAG Murmu: AI Transforming Public Auditing

July 21, 2024 15:25

India's CAG, Girish Chandra Murmu, highlights the transformative impact of AI on public auditing, citing collaborations and initiatives to enhance efficiency and accountability.

Strengthening Local Gov't for SDGs: CAG

July 18, 2024 13:16

Comptroller & Auditor General of India stresses the crucial role of local governments in achieving Sustainable Development Goals, fostering citizen engagement, and improving accountability.

India-UAE Trade Pact: GTRI Raises Concerns Over Precious Metal Imports

July 16, 2024 14:58

GTRI expresses concerns about increased precious metal imports from UAE under the India-UAE CEPA, highlighting potential revenue loss and impact on domestic jewellery industry.

CAG Inaugurates Chadwick House Museum in Shimla

June 24, 2024 12:06

Comptroller and Auditor General of India Girish Chandra Murmu inaugurated the 'Chadwick House Navigating Audit Heritage' Museum in Shimla, showcasing the evolution and achievements of the CAG.

CAG Organizes Health Camp for Contractual Employees

June 23, 2024 11:53

The Comptroller and Auditor General of India (CAG) organized a three-day health camp for 350 contractual employees, focusing on health check-ups and promoting health consciousness.

India, Nepal Auditors Sign MoU for Collaboration

May 2, 2024 22:13

The Comptroller and Auditor General of India (CAG) and the Auditor General of Nepal signed an MoU to enhance collaboration and exchange expertise in auditing.

India, Nepal Auditors Sign MoU for Audit Collaboration

May 2, 2024 21:33

India's CAG and Nepal's Auditor General signed an MoU to enhance collaboration and exchange of knowledge in the field of auditing.

CAG 'Presumptive Loss' Diminishes Democracy: Subbarao

May 2, 2024 10:53

Former RBI Governor Duvvuri Subbarao criticizes CAG's approach to treating government tax concessions as 'presumptive loss', arguing it undermines democratic decision-making. He highlights the...

CAG's 'Presumptive Loss' View Diminishes Democracy: Subbarao

May 2, 2024 10:53

Former RBI Governor Duvvuri Subbarao criticizes the CAG's 'presumptive loss' assessment of government tax concessions, arguing it undermines democracy. He discusses the 2G spectrum case and the...

CAG Organizes Health Camp for Contractual Employees

April 29, 2024 18:35

The Comptroller & Auditor General of India (CAG) organised a three-day health camp, 'Swasthya 2024', for contractual employees in New Delhi. Over 475 employees underwent health screening during the...

2G Judgement Unchanged: Spectrum Allocation for Defence & Satellite Use Only

April 24, 2024 16:13

India's government clarifies it's not seeking to overturn the 2G judgment, but will allocate spectrum for specific sectors like defence and satellite communication without auction. This move aims...

2G Judgment Unchanged: Non-Auction Spectrum for Defence, Satellite Use

April 24, 2024 14:04

India's government clarifies that the 2012 Supreme Court ruling on spectrum allocation remains, with non-auction allocations only for specific sectors like defence and satellite communication.

CAG & SAI Bulgaria Sign Pact for International Collaboration

April 19, 2024 16:32

The Comptroller & Auditor General of India (CAG) signs an MoU with SAI Bulgaria to enhance collaboration in auditing, promoting knowledge exchange and capacity development.

CAG Murmu: Auditors Must Engage Stakeholders for Transparency

March 1, 2024 18:44

CAG of India Girish Chandra Murmu stresses the importance of auditor engagement with stakeholders to promote transparency and accountability in local government operations. The three-day...

CAG-ICAI Initiative: Certified Accountants for Local Bodies

February 28, 2024 14:38

CAG Girish Chandra Murmu announces an initiative with ICAI to create a pool of certified accountants for local bodies, aiming to improve financial management in rural areas and assist small...

Changi Airport Eyes Jaipur, Lucknow for Passenger Growth

February 11, 2024 11:50

Singapore's Changi Airport Group is looking to Jaipur and Lucknow as new destinations for passenger traffic growth, citing strong demand from India. The airport is also looking to increase capacity...

Congress Slams Govt's White Paper as 'Hiding Dark Truths' | India News

February 10, 2024 16:09

Congress leader K C Venugopal criticized the government's White Paper on the economy, alleging it hides the 'dark truths' of the country and diverts attention from key issues like...

TDP MP Urges Centre to Review Vizag Steel Divestment

February 9, 2024 14:06

TDP MP Kanakamedala Ravindra Kumar demands review of Centre's decision to divest government stake in Visakhapatnam Steel Plant (RINL).

PLI Scheme: Kickstart for Indian Manufacturing, Competition is Key - Goyal

February 3, 2024 21:18

Commerce Minister Goyal emphasizes the PLI scheme as a boost for Indian manufacturing, but stresses that ultimately, competition will drive growth. The government aims to make India a global...

India's Fiscal Deficit at 55% of Target: CGA

January 31, 2024 19:05

India's fiscal deficit reached Rs 9.82 lakh crore, 55% of the annual budget target by December 2023, according to CGA data. Revenue stood at Rs 20.71 lakh crore, while expenditure was Rs 30.54...

India 5th Largest Passenger Market for Changi Airport in 2023

January 24, 2024 15:43

India ranked fifth among the top five largest passenger markets for Singapore's Changi Airport in 2023, handling 58.9 million passengers. Read more about Changi Airport's passenger traffic and...

RBI Panel: State Govt Guarantees Fee, Risk Limits

January 16, 2024 19:45

A Reserve Bank working group recommends state governments charge fees for guarantees on loans, set limits on guarantees, and classify projects by risk.

GST Authority Drops Rs 7 Cr Service Tax Demand Against CCI

January 5, 2024 21:32

India's GST authorities have dropped a Rs 7.08 crore service tax demand against the Competition Commission of India (CCI) after ruling that the body doesn't provide taxable services.

ONGC Aims for Zero Methane Emissions by 2030

January 1, 2024 16:15

ONGC seeks partners to reduce gas flaring and achieve zero methane emissions by 2030 as part of its decarbonization plan. The company also plans to invest in renewable energy and green ammonia...

CAG Report: Unutilised Industrial Plots in Trans Thane Creek Area

December 20, 2023 15:41

A CAG report highlights that 3,053 industrial plots in the Trans Thane Creek area remain unutilized, while MIDC faces accusations of policy violations and revenue losses.

District Mineral Foundations: Set up in 644 Districts | India News

December 18, 2023 18:16

India has set up District Mineral Foundations (DMFs) in 644 districts across 23 states, informed Coal and Mines Minister Pralhad Joshi in Parliament. DMFs aim to benefit areas affected by mining.

DMF Set Up in 644 Districts for Mining-Affected Welfare

December 18, 2023 17:56

India's Coal & Mines Minister Pralhad Joshi announced the establishment of District Mineral Foundations (DMF) in 644 districts across 23 states for the welfare of mining-affected communities.

ICAI Launches Training for Panchayat & Municipal Accountants

December 16, 2023 19:53

The Institute of Chartered Accountants of India (ICAI) launches a nationwide training program to strengthen financial governance in panchayats and municipalities. The initiative includes an MoU...

ESIC to Build 9 Hospitals in Maharashtra, MP, Uttarakhand

December 16, 2023 15:31

ESIC will set up nine new hospitals in Maharashtra, Madhya Pradesh and Uttarakhand, and 17 new dispensaries in Gujarat, boosting healthcare infrastructure. The corporation also approved increasing...

LPG Rates for Ujjwala Cheapest in India: Govt

December 11, 2023 16:45

India's LPG price for Ujjwala beneficiaries is the cheapest compared to neighbouring countries, says Petroleum Minister Hardeep Singh Puri, highlighting government's efforts to keep prices low...

Bharatmala Pariyojana Phase I Expenditure Reaches Rs 4.10 Lakh Cr: Gadkari

December 6, 2023 18:46

Union Minister Nitin Gadkari informs Parliament that Rs 4.10 lakh crore has been spent on Bharatmala Pariyojana Phase I, citing increased raw material costs and land acquisition as factors.

Bharatmala Pariyojana Phase I Expenditure Reaches Rs 4.10 Lakh Crore

December 6, 2023 17:23

India's Bharatmala Pariyojana Phase I has seen an expenditure of Rs 4.10 lakh crore as of October 2023, with cost increases attributed to raw material and land acquisition. Learn more about...

ONGC Cuts Gas Flaring, Uses Green Power at Oil Wells: CEO

December 6, 2023 16:53

ONGC, India's top oil & gas producer, is reducing gas flaring & using green electricity at oil wells as part of its decarbonization program. The company aims to achieve net-zero carbon emissions by...

Kerala Fund Dispute: Sitharaman Rejects Neglect Claims, Highlights Disbursements

November 25, 2023 17:02

Union Finance Minister Nirmala Sitharaman refutes Kerala's accusations of fund neglect, asserting timely disbursement and highlighting state's failure to meet criteria. Learn about the ongoing...

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'cag'

HP Govt. Fails to Submit Utilization Certificates for Rs 2,795 Crore

CAG, BISAG-N Partner for Remote Sensing in Audits

CAG & IIM Mumbai Partner for Logistics & Supply Chain Efficiency

Parliament Panel Wants Clear Spectrum End Use in Auctions

Ram Temple Trust Pays Rs 400 Crore in Taxes: Religious Tourism Boom

CAG Murthy & 16th FinCom Discuss Public Finance

Sitharaman Urges User-Friendly Govt. Accounts

Delhi Excise Policy: CAG Report Highlights Monopoly Risks & Brand Pushing

CAG & IIT Madras Partner for Sustainable Audit

Creditaccess Grameen Secures USD 50 Million Loan from IFC

India Aims for 100% Social Security for Construction Workers

Telecom Investment Recovery Challenged by Subscriber Loss, Satcom Competition

Telcos Investment Recovery in Limbo: Tariff Hike Backfires, Price War Looms

CAG Finds Rs 194 Crore Loss by Oriental Insurance

CAG Finds Flaws in India's Export Promotion Scheme EPCG

DMRC Faces Rs 15.54 Crore Shortfall Due to Contractor's Poor Work - CAG

India Aligns Auditing with Global Standards: NFRA Chief

Modi Govt Committed to Prevent Cooperative Fraud

NFRA Approves Auditing Standards for LLPs

CAG Urges Officers to Adapt to Tech Changes

NFRA Recommends Auditing Standard Changes: ICAI Disagrees

CAG Inaugurates Sports Complex in Ranchi

Assam's Debt Soars to Rs 1.52 Lakh Cr: Congress Demands Fiscal Transparency

CAG Urges Earlier State Account Closure | India News

Rural India Development Key for Viksit Bharat by 2047: CAG

CAG Develops AI for Faster Audit Reports

President Murmu Stresses Timely Audit of Public Finance

CAG Murmu: Audit Bodies Must Address Privacy Risks, AI Bias

President Murmu to Inaugurate 16th ASOSAI in New Delhi

ICAI Criticizes NFRA's SA 600 Revision Plan

CAG & Saudi Arabia Sign Pact to Strengthen Audit Cooperation

CAG signs MoU with Bahrain's National Audit Office

CAG Urges FinMin to Identify High-Risk GST Composition Taxpayers

India's CAG Signs Pact with Uzbekistan's Chamber of Accounts

Union Budget: 'Big Boon' for West Bengal - Governor

CAG Murmu: AI Transforming Public Auditing

Strengthening Local Gov't for SDGs: CAG

India-UAE Trade Pact: GTRI Raises Concerns Over Precious Metal Imports

CAG Inaugurates Chadwick House Museum in Shimla

CAG Organizes Health Camp for Contractual Employees

India, Nepal Auditors Sign MoU for Collaboration

India, Nepal Auditors Sign MoU for Audit Collaboration

CAG &#x27;Presumptive Loss&#x27; Diminishes Democracy: Subbarao

CAG's 'Presumptive Loss' View Diminishes Democracy: Subbarao

CAG Organizes Health Camp for Contractual Employees

2G Judgement Unchanged: Spectrum Allocation for Defence & Satellite Use Only

2G Judgment Unchanged: Non-Auction Spectrum for Defence, Satellite Use

CAG & SAI Bulgaria Sign Pact for International Collaboration

CAG Murmu: Auditors Must Engage Stakeholders for Transparency

CAG-ICAI Initiative: Certified Accountants for Local Bodies

Changi Airport Eyes Jaipur, Lucknow for Passenger Growth

Congress Slams Govt's White Paper as 'Hiding Dark Truths' | India News

TDP MP Urges Centre to Review Vizag Steel Divestment

PLI Scheme: Kickstart for Indian Manufacturing, Competition is Key - Goyal

India's Fiscal Deficit at 55% of Target: CGA

India 5th Largest Passenger Market for Changi Airport in 2023

RBI Panel: State Govt Guarantees Fee, Risk Limits

GST Authority Drops Rs 7 Cr Service Tax Demand Against CCI

ONGC Aims for Zero Methane Emissions by 2030

CAG Report: Unutilised Industrial Plots in Trans Thane Creek Area

District Mineral Foundations: Set up in 644 Districts | India News

DMF Set Up in 644 Districts for Mining-Affected Welfare

ICAI Launches Training for Panchayat & Municipal Accountants

ESIC to Build 9 Hospitals in Maharashtra, MP, Uttarakhand

LPG Rates for Ujjwala Cheapest in India: Govt

Bharatmala Pariyojana Phase I Expenditure Reaches Rs 4.10 Lakh Cr: Gadkari

Bharatmala Pariyojana Phase I Expenditure Reaches Rs 4.10 Lakh Crore

ONGC Cuts Gas Flaring, Uses Green Power at Oil Wells: CEO

Kerala Fund Dispute: Sitharaman Rejects Neglect Claims, Highlights Disbursements

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CAG 'Presumptive Loss' Diminishes Democracy: Subbarao