CAG APPOINTMENT
Will PM Modi continue to deprive Odisha of its fair share: Congress
The Congress has accused the central government of reducing Odisha's central funding and questioned whether Prime Minister Narendra Modi will continue this trend. Congress leader Jairam Ramesh highlighted that central transfers and the state's share of Union taxes have decreased, as noted by CAG reports. He also mentioned the stalled Sitalapalli rail wagon factory project and other delayed railway projects.
Future Gaming, biggest poll bond buyer, & others made government junk plan to amend lottery rules
Proposed amendments to the Lotteries Regulation Act, 1998, by the Union home ministry were obstructed by resistance from influential players like Santiago Martin's Future Gaming, a substantial purchaser of electoral bonds according to Election Commission data.
SC seeks Centre's response on PIL challenging procedure for appointment of CAG
The Supreme Court has sought a response from the Centre on a PIL challenging the appointment procedure of the Comptroller and Auditor General of India (CAG) due to lack of transparency. The court issued notices to the union ministries of Law and Justice and Finance.
A case to build a stronger gilded CAG
The principal area of reform would be auditing digital expenditure. GoI is pushing digital transactions that are inherently more traceable than physical ones, and offer clearer policy solutions through data analytics. GoI is itself processing much more data now, which makes oversight easier. But its auditor needs to build strength in big data to keep pace with the structural transformation of government finance.
Govt appoints Vinay M. Tonse as MD of SBI until Nov 30, 2025
The Indian government has appointed Vinay M. Tonse as the Managing Director of State Bank of India until November 30, 2025. Tonse, currently serving as the deputy MD, was recommended by the Financial Services Institutions Bureau.
Mukesh Ambani's daughter Isha, former CAG Rajiv Mehrishi appointed directors on RIL's financial services unit
Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL). It will lend to consumers and merchants based on proprietary data analytics and will eventually branch out to insurance, payments, digital broking and asset management.
- Go To Page 1
CAG GC Murmu re-elected as external editor at WHO for another 4-year term
Comptroller and Auditor General of India (CAG), Girish Chandra Murmu, has been re-elected as External Auditor of the World Health Organization (WHO) for a four-year term from 2024 to 2027. CAG Murmu is already holding this position in WHO since 2019 for a four-year term -- 2019 to 2023.
CAG selected as external auditor of International Labour Organisation
Comptroller and Auditor General of India (CAG) has been selected as external auditor of the International Labour Organization (ILO), Geneva for a four-year term from 2024 to 2027, the apex auditor said in a statement on Thursday. Girish Chandra Murmu is the CAG.
Tata Power gets shareholders' nod to appoint Rajiv Mehrishi as independent director
Mehrishi is a retired Indian Administrative Service (IAS) officer of the 1978 batch belonging to the Rajasthan cadre and has a wide experience of over 42 years.
Indian Railways failed to improve on mobility outcomes despite spending Rs 2.5 lakh crores: CAG
The CAG report highlighted the failure of ‘Mission Raftaar’ which was introduced in 2016-17 with a targeted average speed of 50 kilometres per hour (kmph) for mail or express trains and 75 kmph for freight trains by 2021-22.
Kalyan Jewellers to appoint former CAG Vinod Rai as chairman
The appointment will be subject to obtaining requisite regulatory and shareholders’ approvals. Mr. TS Kalyanaraman will continue as managing director on the company’s board.
Unity Small Finance Bank gets RBI approval to induct Vinod Rai on board
The appointment of former CAG Vinod Rai as Unity Small Finance Bank’s chairman comes a day after BharatPe cofounder Ashneer Grover went on a voluntary leave till the end of March.
RBI approves Vinod Rai’s appointment as independent chairman in Unity Bank
A former IAS officer, Rai has rich experience in multiple capacities with the Ministry of Finance, Commerce, Defence, the bank said in a release. He was also chairman of the Banks Board Bureau, the body which advises the government on top-level appointments at public sector banks and ways to address bad loans.
Finmin to soon start process for appointment of MD, DMDs of Rs 20,000 cr NaBFID
The MD, DMDs and whole-time directors would not hold office after attaining the age of 65 years and 62 years respectively.
Does it now not appear that then CAG Vinod Rai was the Agent Provocateur? asks Congress leader Salman Khurshid
Rai had recently tendered an unconditional apology to Congress leader and former MP Sanjay Nirupam in response to a defamation case filed by the latter following Rai's claim that Nirupam was one of the lawmakers who sought to pressure him to keep then PM Manmohan Singh's name out of the government's audit report on 2G spectrum auctions.
Govt appoints veteran banker K V Kamath as chairperson of Rs 20,000-cr NaBFID
K V Kamath began his career in 1971 with the erstwhile development finance institution (DFI) ICICI and he played a major role in ICICI Bank's turnaround when it was hit by widespread rumours of 'run-ons'.
Padmanabhaswamy Temple's trust books for 25 years must be audited, SC told
The administrative committee, which runs the Padmanabhaswamy temple, possibly the richest temple in the world, on Friday claimed in court that the temple was in financial problems and demanded that the accounts of the temple and the trust, which previously ran it, must be
CAG pulls up Assam government on pension scheme for families of deceased staff
The earlier Compassionate Appointment (CA) scheme, implemented prior to 2017, was not effectively managed due to delays in appointment of eligible heirs of employees who died while in service or compulsorily retired on medical grounds and its documentation was also incomplete and deficient, the report pointed out.
CAG raps Jammu and Kashmir for denial of relief fund
In a report, tabled in Parliament, the CAG said family members of the civilians killed in militancy related action were entitled to cash compensation of ₹4 lakh in lieu of appointment in government service.GC Murmu took charge as the CAG in August last year, after demitting office as the lieutenant governor of J&K.
CAG Girish Murmu appointed Chairman of UN Panel of External Auditors again
As the Chairman, the CAG of India plays a key role in achieving the Panel's objective of greater degree of collaboration and coordination, and exchange of information on audit methods and findings, among the Panel members, said an official statement.
SC vacates order restraining courts from hearing disputes related to BCCI, state cricket bodies
A bench comprising justices L Nageswara Rao, Hemant Gupta and Ajay Rastogi, in a hearing conducted through video conferencing, took note of submissions of various lawyers on behalf of state cricket bodies and decided to vacate the order.
India's CAG Murmu elected as External Auditor of Inter Parliamentary Union, Geneva
In recent past, he has been the External Auditor of World Food Programme, World Intellectual Property Organization, International Atomic Energy Agency, UN World Tourism Organization, International Organization for Migration, International Maritime Organization and Organization for Prohibition of Chemical Weapons.
Kerala Finance minister hits out at CAG for faulting Kerala Infrastructure Investment Fund Board
Corporate bodies of the central government have also availed such loans,he claimed. The CAGobservation that KIIFB violates Article 293(1) of the Indian Constitution was baseless,he said. The Article deals with loans of the state government.
Ex-Lieutenant Governor of J&K G C Murmu is appointed to be the new CAG of India
Girish Chandra Murmu will succeed Rajiv Mehrishi who completes his term on August 8. Murmu was appointed as the first LG of J and K after the formation of the new union territories.
CAG flags irregularities in Mizoram tourism project
A CAG report said the state tourism department had awarded a contract to a Delhi-based consultancy firm before getting approval of the project from the Centre and extended "undue benefit" to the company.
Why CAG is building a grand museum in Shimla
The museum will be housed in Shimla at Chadwick House where the first batch of audit and account officers from independent India underwent training in 1950.
CAG flags appointments in Vyapam, state's "shadowy control"
The CBI is currently probing the `Vyapam scam', a massive admission and recruitment racket which came to light a few years ago.
Collegium system needs reform: Debate
A debate on the now-struck down National Judicial Appointments Commission today saw participants sharply divided on the collegium system of choosing judges with events its supporters admitting that it has some faults and needed reform.
Load More
