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Vinod Rai In Financial Services Department

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Madhavan Nair on why the Antrix-Devas deal went sour

'Was Devas deliberately trying to get out of the contract and, while getting out, were they trying to make money?''Was the situation created by DoS and others to help Devas, and what we saw later a......

Delhi rejects application for licence by Uber and 2 others

In a major decision, Delhi government on Wednesday rejected fresh applications for licence by US-based taxi booking firm Uber and two other such service providers -- Ola and TaxiForSure. Top Delhi......

The man who weathered coup, Agusta, Tatra controversies

Newly appointed Comptroller and Auditor General Shashi Kant Sharma is is approachable and friendly, not forbidding, say his former colleagues.  When Defence Minister A K Antony was chief......

SC agrees to hear PIL challenging appointment of new CAG

The Supreme Court on Thursday agreed to hear a PIL challenging appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India. A bench of justices B S Chauhan and Dipak Misra,......

The growing tussle between the govt and CAG

Over the past decade, rapid structural changes in the economy have radically altered what was once a low-profile department. With the private sector playing an ex­panding role in public service......

Govt readies sweeping reforms for PSBs

The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively. Illustration: Uttam Ghosh/Rediff.com The......

Who should the next RBI Governor be? Vote now!

Raghuram Rajan will leave the RBI on September 3.But India still does not know who will succeed him as the RBI governor.Will Arundhati Bhattacharya be the RBI's first woman governor?Or will Urjit......

Banks Board Bureau cracks the whip on errant promoters

In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans. IMAGE: Promoters who have agreed to sell their assets to pay off loans will......

CAG audit? Leave RBI alone

  There is no need for the CAG to second-guess the credit decisions of banks or the RBI’s supervision of them. The comptroller and auditor general has mooted that the Reserve Bank of......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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