Rs 16000,000,000: Amount splurged for CWG!

"It appears as if to economise was criminal and to splurge was civil." This was the observation made by the high-level Shunglu Committee, which found a loss of over Rs 1,600 crore in construction......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

CWG scam: CBI sends letters rogatory to Hong Kong

The Central Bureau of Investigation has sent a judicial request to Hong Kong seeking information on Jubilee Sports Private Limited, accused of the alleged irregularities in laying of synthetic turf......

Parliamentary panel to probe CWG irregularities

The alleged irregularities committed in the Commonwealth Games projects will come under the scrutiny of a Parliamentary panel when it grills top officials of the Urban Development Ministry on the......

Why some things work in India, and some don't

'The two-word answer is: Proper oversight,' says T N Ninan.Illustration: Dominic Xavier/Rediff.com The India of the 1980s and 1990s had many dreams: Private TV by satellite or cable, instead of......

The Lives PSU Bankers Lead

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   A column on what......

Shaktikanta Das: RBI Governor Who Walks The Talk

'Das is friendly, but he finally does what he does. The quality of engagement is very good.' IMAGE: Reserve Bank of India Governor Shaktikanta Das addresses the media during a press conference......

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub. At least 20 national and......

Irregularities observed in CWG-related works

An inspection by the Central Vigilance Commission has found serious discrepancies like award of works at higher rates to bidders, poor quality of construction and grant of work to ineligible......

CVC may inspect Commonwealth Games venues, OC

Faced with problems of non-cooperation and lackadaisical approach from some of the departments, the Central Vigilance Commission may inspect Commonwealth Games venues and the OC office to gather......

Shunglu panel gives interim CWG report

Commonwealth Games works under investigation are worth Rs 28,000 crore and time is required to probe them, the high-level Shunglu committee said on Tuesday. "The total project costs worth Rs......

CVC likely to summon officials related to CWG scam

Irked by delay in response to queries raised by it, the Central Vigilance Commissioner (CVC) may summon officials of Union and State governments in connection with alleged financial irregularities......

CAG audit of CWG Village to begin from Oct 28

The Comptroller and Auditor General (CAG) will start the audit work of Commonwealth Games Village in New Delhi from October 28 to probe allegations of financial irregularities. Official sources......