Business

However, 99.89 per cent of the depositors are fully covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance scheme, the Reserve Bank said in a statement on Wednesday.

Police have arrested 10 people in the U.K., Belgium and Malta for allegedly hijacking mobile phones belonging to U.S. celebrities including internet influencers, sports stars and musicians to steal personal information and millions in cryptocurrency, auth...

Most complaints with the banking ombudsman were about digital modes of transactions, constituting 44.66% of the total complaints received.

South Korea's unemployment rate soared to a 21year high in January, while the number of people employed fell at the sharpest pace in more than two decades, as curbs to contain the coronavirus continue to hurt the job market.

Shares of video game retailer GameStop tumbled nearly 20% Tuesday to their lowest levels since he start of a retail investorled surge that echoed across Wall Street.

Petra Diamonds said on Tuesday it has received new reports of incidents involving alleged human rights violations by security patrol teams at its Williamson Mine in Tanzania between November 2020 and January.

German chauffeur service Blacklane has acquired a majority stake in Jaguar Land Roverbacked Havn, a premium allelectric cab service in London, for an undisclosed sum to speed up the electrification of its private hire fleet.

An international arbitration court had in September last year rejected tax authorities' demand for Rs 22,100 crore in back taxes and penalties relating to British telecom giant Vodafone's 2007 acquisition of an Indian operator.

Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon.

The auto major on February 5 reported a whopping 39.6 percent year-on-year growth in profit at Rs 530 crore for the December Quarter.

Danish beer brewer Carlsberg is banking on most COVID19 restrictions to be lifted in coming months to buoy its earnings in its peak summer season after the pandemic bruised its 2020 results.

Gold gained on Friday, recovering from a more than twomonth low hit in the previous session, although prices were set for their biggest weekly drop in four due to a stronger dollar.

Indonesia will no longer permit mining waste to be disposed in the ocean to allay concerns about the environmental impact of processing nickel used in electric vehicle (EV) batteries, a government official and a corporate mining source said.

Gold gained on Friday, recovering from a more than twomonth low hit in the previous session, although prices were set for their biggest weekly drop since endNovember as the dollar firmed.

Benchmark U.S. crude oil for March delivery rose 54 cents to $56.23 a barrel Thursday. Brent crude oil for April delivery rose 38 cents to $58.84 a barrel.

Gold dropped more than 2% on Thursday to break below the key psychological $1,800 level as a rising dollar and U.S. Treasury yields eroded bullion's appeal.