India plans mega banks but analysts say bet on rivals instead

By Abhishek Vishnoi and Ameya Karve Equity analysts predict that India’s move to merge several of its state banks will slow their loan growth,...

Maruti to roll out CNG models of all small cars

NEW DELHI: Maruti Suzuki, the country’s largest carmaker, will make all the small cars in its portfolio available in compressed natural gas (CNG)...

Cash flow: UK village ravaged by unemployment uses tidal energy to mine cryptocurrency

Cryptocurrencies like bitcoin can be “mined” using high-powered computers to solve incredibly complex maths problems. When computers solve these intricate questions, they produce...

AAI staff protest handover of 6 airports to Adani Group

MUMBAI: Thousands of AAI employees and officers under a joint forum on Monday held demonstrations at the AAI's headquarters in New Delhi and...

PSB heads told to reform boards

NEW DELHI: The Department of Financial Services has asked heads of all state-run banks to initiate the process of reforming their boards in...

Pound US dollar exchange rate: mounting speculation for snap UK election sees GBP/USD sink

Political turmoil in the British Parliament continues to escalate, with rebel Tory MPs and opposition parties mounting an effort to block the Conservative...

Nuclear power generation up 12% in Asia

KOLKATA: Nuclear power generation grew most rapidly in Asia, where generation increased 12%, up 56.3 TWh to 533.0 TWh, now more than one-fifth...

Pound Euro exchange rate: GBP/EUR falls as UK manufacturing drops to seven-year low

Sterling also felt the political squeeze as markets brace for a clash between Boris Johnson’s government and MPs opposed to a no-deal Brexit. Parliament...

Ahead of Brexit, UK factories go quiet

British manufacturing contracted last month at the fastest rate in seven years, rocked by the deepening Brexit crisis and the global downturn. Julian...

IndiGo second on international routes, we are still market leader: Air India

Air India on Monday said it is still a market leader among Indian airlines when it comes to flying on international routes as...