Search Results for: Prompt Corrective Action framework

Yunus visits historic Dhaka temple, assures no discrimination against Hindus in Bangladesh

Yunus visits historic Dhaka temple, assures no discrimination against Hindus in B'desh

Muhammad Yunus, the Chief Advisor of the interim government in Bangladesh, said on Tuesday that establishing human rights and freedom of speech remains one of his prime goals as the country's minority communities, especially Hindus, continue to face horrendous acts of violence and vandalism since Sheikh Hasina's resignation as Prime Minister on August 5. Aug 13, 2024
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
India faces a severe organ wastage crisis, say experts

India's Organ Wastage Crisis: A Call for Action

India is struggling with a severe organ wastage crisis, with a significant number of vital organs lost annually due to a lack of awareness, deep-rooted superstitions, and myths, according to experts. Aug 13, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. 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
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