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Sibal slams CAG; says no loss due to 2G spectrum allocation
In an unusually strident criticism of the government auditor, Telecom Minister Kapil Sibal today slammed the CAG for its projection of Rs 1.76 lakh crore as presumptive loss on account of 2G spectrum...
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Live: India, business as it unfolds
India’s focus is back on equities this week and the ongoing 2G spectrum case where the court has deferred Kanimozhi’s bail plea hearing till May 14. The question that lingers in everyone’s mind is why...
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Govt favoured RIL in gas contract: CAG
The Comptroller and Auditor General (CAG) has come down hard on the government for allowing Mukesh Ambani’s Reliance Industries Limited (RIL) to overstate the cost of developing the Krishna Godavari...
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CAG indicts PMO, Sheila; points to ‘huge bungling’
New Delhi: Pointing a direct finger towards the involvement of Prime Minister’s Office in the Commonwealth Games scam probe, the Controller and Accounting General of India, Vinod Rai on Friday said the...
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CAG not exceeding jurisdiction says Pranab
Finance Minister Pranab Mukherjee on Wednesday backed the Comptroller and Auditor General (CAG) in the context of reports on various scams, saying the government auditor has not exceeded his...
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CAG takes on PM says never transgressed mandate
In an unprecedented move, the Controller and Auditor General (CAG) of India, Vinod Rai has written a letter to Prime Minister Manmohan Singh, protesting his statements during a meet with the editors in...
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Coal mining caused 6 times more loss than 2G CAG
The Comptroller & Auditor General (CAG) in its draft report on coal mining in the country has accused the government of having given “undue benefits” to a number of companies leading to a loss of...
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CAG exposes multi-crore land scam in Andhra
The “benevolence” of the Congress government in Andhra Pradesh in allocation of land (irregularly) for different purposes has caused enormous monetary loss running into several thousand crores of...
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Coal scam BJP stalls Parliament Govt ready for discussion
As the main opposition BJP stalled both Houses of Parliament on Tuesday over the Comptroller and Auditor General’s (CAG) report on the allocation of coal blocks, the government said it was ready for a...
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Coalgate derails Parliament for third day
The proceedings of Parliament continued to be disrupted on Thursday with BJP members, who have been demanding resignation of Prime Minister Manmohan Singh over CAG’s findings on extending undue...
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