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Is CAG a political activist instead of an audit body?

Sujit Nair

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It was in August this year that CRISIL rated the IL&FS with the highest credit rating of AAA. Months after that the company was termed as junk. Organisations like LIC and SBI ended up making huge investments in IL&FS but nobody kept a check on that. While people invest their money in the National Savings Fund, the government ends up investing that money in Air India. And while we have an audit-body of CAG (Comptroller and Auditor General of India) what it majorly does is making waves about the scams of certain political parties and not keep a check on such huge public investments that goes down the drain. The question here arises, is CAG becoming a political activist instead of an audit body? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance share their takes and insights on the matter.

Beyond Headlines

Is loan-waiver a thoughtless political pill?

Sujit Nair

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Much response has been received saying that if a loan-waiver makes a farmer happy, so be it. This episode shows that how a loan-waiver can be a thoughtless political pill? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance share their insights on the matter.

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Beyond Headlines

Is Arun Jaitley stating facts or is it his frustration?

Sujit Nair

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Our current Finance Minister Arun Jaitley recently made a statement saying, “People’s aspirations can be fulfilled by sound policies and not slogans”. If somebody like Arun Jaitley makes such a statement is it frustration or is it something else? Are the BJP ministers tired of PM Modi’s sloganeering? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh Bhargava, Business Editor of Business and Finance share their insights on the matter.

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Beyond Headlines

Will corrupt babus keep a check on corrupt corporates?

Sujit Nair

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The new corporate policy, pressure on targets have taken a toll on ethics. Consider the cases of Axis Bank’s Shikha Sharma, Chanda Kochhar’s mismanagement issues, Sun Pharma, and so on and so forth. For curbing this what we’ve been doing is we have been appointing corrupt administrators making it much like handling a key in the thief’s hand. The question is will corrupt babus keep a check on corrupt corporates? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh bhargava, Business Editor of Business and Finance share their insights and takes on the matter.

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