Congress Data Chief's TN Debt Remarks Spark Political Row
Congress leader Praveen Chakravarty calls Tamil Nadu's debt 'alarming', triggering backlash from ally DMK and his own party. Analysis of the political fallout ahead of 2026 polls.
Congress leader Praveen Chakravarty calls Tamil Nadu's debt 'alarming', triggering backlash from ally DMK and his own party. Analysis of the political fallout ahead of 2026 polls.
Bangalore Development Authority requests IISc for a comprehensive quality audit of asphalting works in Nadaprabhu Kempegowda Layout. Read the full details.
CAG-empaneled auditors will conduct a 60-day intensive audit of TNPDCL's massive debt. The probe, ordered by TNERC per Supreme Court directive, aims to uncover financial mismanagement. Read the full story.
Former FM P Chidambaram counters AICC's Praveen Chakravarthy, says debt-to-GSDP ratio is the true fiscal health indicator. TN's liabilities within limits. Read the full debate.
NFRA releases its second Audit Practice Toolkit, focusing on revenue risk assessment, to empower small and medium audit firms and enhance audit quality nationwide. Explore the details.
Senior Congress leader P Chidambaram dismissed Praveen Chakravarthy's comparison of Tamil Nadu and Uttar Pradesh's debt. He declined a public economic debate, stating he wasn't qualified. Read the full political analysis.
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.
Bihar suspends two engineers, blacklists agency after Rohtas ropeway crash during trial. Safety audits ordered for all state ropeway projects. Read the full investigation details.
ICAI's revised SA 600 retains reliance on subsidiary auditors with safeguards, while NFRA demands sole responsibility for group auditors. The final decision now rests with the government.
Odisha government orders special audit into forest department's purchase of 51 Thar SUVs after allegations of procurement above market rates. Total cost exceeds Rs 12 crore. Details inside.
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
Maharashtra police launch a major crackdown on illegal moneylenders after a farmer sold his kidney to repay a debt. New help desks and awareness campaigns aim to protect vulnerable citizens.
Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.
Uttar Pradesh slashes its power sector debt by nearly 25% over five years, standing out as other major states see sharp increases. Discover how UP achieved this financial turnaround.
PMK leader Anbumani Ramadoss slams DMK govt as Tamil Nadu's debt hits ₹9.55 lakh crore, topping the list of most-indebted Indian states for the fourth consecutive year. Details inside.
Delhi government mandates a 30-day special audit of Delhi Medical Council to probe financial irregularities and recover losses. The audit targets Dr. Girish Tyagi's tenure. Full story inside.
Financial stress from debt is tearing Indian families apart. Discover how professional debt settlement offers a path to relief, peace, and reconnecting with loved ones.
CAG report reveals a 38% staffing shortage in CBIC audit wings, leading to a gap between planned and completed GST audits. Recovery rates remain low. Ministry urged to fill vacancies.
A CAG audit reveals large-scale diversion of Rs 300 crore from Karnataka's District Mineral Foundation Trust, violating PMKKKY rules meant for welfare in mining-affected districts. Read the full report.
CAG K Sanjay Murthy reveals serious flaws in India's DBT system, with thousands of crores transferred without verification due to poor data integration. Read the full audit concerns.
Pune's district collector mandates action reports on 509 unsafe public structures by December end, following June's Kundmala bridge collapse that killed four. Authorities must detail repairs or demolition plans.
CAG report reveals major lapses in Bengaluru's flood warning projects, leading to wasteful expenditure and leaving residents vulnerable. Read the full audit findings.
A $20,000 charity offer from YouTuber Caleb Hammer to Twitch streamer Frogan for a 'Financial Audit' appearance spirals into a public feud. Discover the heated exchange and fan reactions.
Calcutta High Court directs SFIO to conduct a forensic audit of Rose Valley Group's attached assets. The bench also calls for scrutiny of the court-appointed committee. Read the full details.
Bombay High Court tags PIL seeking SIT probe into Goa nightclub fire deaths with suo motu case. Hearing on Jan 12. Activists demand independent inquiry and statewide fire audit.
YouTube finance creator Caleb Hammer publicly invites streamer Frogan to his show, offering to match a $10K charity donation or give her $5K directly, escalating the online drama involving Asmongold. Read the full story.
South Goa's upmarket hotel The Cape Goa sealed for severe safety lapses. Authorities cite single exit, LPG cylinders blocking path, and no fire extinguishers. Crackdown intensifies ahead of festive season.
MP Manish Tewari demands a forensic audit of SCL Mohali, citing decades of mismanagement and unclear upgrade plans. Calls for transparency and revival of the semiconductor facility.
Following the deadly Goa nightclub fire and Kolkata's Rituraj Hotel blaze, city bars and pubs intensify fire audits and drills. Authorities list 89 rooftop venues for strict monitoring. Read how establishments are ensuring safety.