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
Kolkata doctor's rape & murder: Questions raised in court over communication goof-up

Kolkata doctor's rape & murder: Questions raised in court over communication goof-up

Amid the nation-wide outrage over the rape and murder of a female doctor at Kolkata's R.G. Kar Medical College last week, questions were raised in the Calcutta High Court on Tuesday over the communication goof-up on the part of the hospital authorities, including keeping the victim's parents waiting for information even after her bruised body was found at the seminar room on the morning of August 9. 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
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