Search Results for: financial crises

India 2nd only to US in number of banks covered under deposit insurance: RBI Dy Governor

India Ranks Second Globally in Deposit Insurance Coverage

In a recent global conference held in Jaipur, India, on August 13, 2024, RBI Deputy Governor Michael Debabrata Patra announced that India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks. Aug 13, 2024
Rs 31,500 crore investment deal concluded during Telangana CM's US visit

Telangana raises FDI from US to the tune of Rs 31,500 Cr

recently concluded a highly successful business tour to the United States, securing investment deals worth Rs 31,500 crore. This substantial financial commitment is expected to generate over 30,750 new jobs in the state, marking a significant stride in its economic development. Aug 12, 2024
FDI in India's manufacturing sector hits $165 bn, 69 pc growth in last 10 years

India's Manufacturing Sector Attracts $165bn FDI

India's manufacturing sector has emerged as a top destination for foreign direct investment (FDI), with a 69% surge in inflows over the last decade, reaching a staggering $165.1 billion. Aug 11, 2024
SEBI chief rebuts Hindenburg charges, calls it 'character assassination attempt'

SEBI Chief Denies Hindenburg's Offshore Fund Allegations

Hindenburg Research, a US-based short-seller firm has accused the Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and her husband Dhaval Buch of having hidden stakes in offshore funds linked to the Adani Group. Aug 11, 2024
government

Md Yunus needs to address political turmoil first

Nobel laureate Muhammad Yunus leads Bangladesh's 17-member interim government, aiming to address political instability, economic recovery, and social tensions, and restore stability after PM Sheikh Hasina's resignation. Aug 9, 2024
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