CAG report cited huge losses incurred by 7 public sector enterprises, non-utilisation of funds meant for various schemes & pulled up public sector firms for not adhering to policies.
In the last decade, CAG’s peak output was seen in 2015 — a year after Modi govt took office. The agency’s defence audit reports fell from 8 in 2017 to 0 last year.
The 1985-batch IAS officer’s appointment is being seen as only the latest instance of the cadre’s continued domination of the agency over the auditor officers.
The CAG has flagged acute shortage and inadequate reserve of equipment and rations for Army troops in high-altitude areas of Siachen, Ladakh and Doklam.
CAG notes Boeing's Chinook has lesser load capacity and carries fewer troops as compared to Russian Mi-26. Report says Mi-26 too does not meet all criteria.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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