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
5G mobile subscriptions in India to reach 130 mn in 2023

India's 5G smartphone market share surges 77 pc in Q2

India's 5G smartphone market share increased to 77 per cent in the second quarter (Q2) -- up from 49 per cent in the same quarter last year -- while the average selling price declined by 22 per cent to $293 (about Rs 24,000), a report said on Tuesday. Nearly 27 million 5G smartphones were shipped in the April-June quarter. Aug 13, 2024
Musk's Trump interview delayed by cyberattack

Cyberattack delays Trump interview to Elon Musk

The highly anticipated interview of former US President Donald Trump by Elon Musk on the social media platform X that the latter owns was way behind schedule because of technical issues. Aug 13, 2024
NEET showdown in Parliament: Akhilesh, Rahul question exam system; Education Minister responds

Plea against cancellation of UGC-NET dismissed by SC

The Supreme Court on Monday refused to entertain a petition challenging the cancellation of the UGC-NET 2024 (University Grants Commission-National Eligibility Test) examination on the basis of alleged paper leaks. Aug 12, 2024