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How to save ILFS? Kill the lender's toxic culture by dismembering it

If IL&FS is sold in its present form, its toxic culture, which has for three decades involved inflating project values, will eventually revive

Holed up in Colombo mansion, ousted PM Wickremesinghe vows to fight

Wickremesinghe, who steered the economy and regularly travelled overseas as Sri Lanka's face to the world, described the political chaos unfolding around him as 'not one, but many steps back'

What is Jaguar Land Rover doing to get out of the falling sales rut?

Sales in China, where the high-end market is still growing, tanked. JLR has long been a profit center for the whole company

RBI-govt spat latest flashpoint as 2019 elections near, easy money era ends

Italy, India have the worst bad loan ratios among the top 10 economies

Markets remain on edge as the rift between govt and RBI plays out

The rupee pared some losses after the finance ministry clarified that the autonomy of the central bank is an essential and accepted govt requirement

The RBI-govt rift adds to concerns in already bleeding Indian markets

Relations between the two have deteriorated in recent months, with the government unhappy with the central bank's interest rate policy ahead of an election early next year

China's yuan will hit 7 per dollar, trading to get 'sticky': Goldman Sachs

The yuan has come under intense pressure to fall as China became embroiled in a trade war with the US and loosened its monetary policy to bolster a slowing economy

Rebound's solid but europe stocks still in worst month since 2016

The S&P 500 is up 1.7 percent on its second straight day of recovery

Hong Kong shares suffer worst monthly run of losses in 36 years

Even the Shanghai Composite Index, the world's worst equity gauge this year, did better in October, falling only 7.8 per cent

Skyscraper farms, solution to world's rising food demand, set to go global

The problem has always been reproducing the effect of natural rain, soil and sunshine at a cost that makes the crop competitive with traditional agriculture

Liquidity crunch: Need to unwind some market-share gains of shadow lenders

If the liquidity taps don't open soon for shadow lenders, property markets could be shaky

Govt may have invoked never-used powers in talks with RBI Governor

The RBI has received letters from the government seeking Governor Urjit Patel's views on issues ranging from the authority's handling of weak state-run lenders to tight liquidity

Mark Zuckerberg is betting the future of Facebook on video, Instagram

The newer products may make less money and steal user attention from the mainstream of photos, comments and lucrative ads on the social network, Zuckerberg warned

US sanctions on Iran: Not only India, many other US allies may seek waivers

America's two closest allies in Asia are ahead of the curve: Both scaled back their purchases of Iranian crude to zero recently, but that may not last

How are US sanctions affecting Iran? This Dubai hotel has the answer

The restaurant occupies the first floor of an old building in Deira, Dubai's original commercial center and for decades the heart of the Iranian business community

Trump to send Pompeo to Saudi as King Salman opens Jamal Khashoggi probe

Khashoggi was last seen entering the Saudi consulate in Istanbul on October 2

Visa, Mastercard among cos set to miss RBI's deadline on data localisation

The two credit card giants have requested an extension of the deadline and a relaxation of the rules, citing operational difficulties and security concerns

IL&FS Employees' Welfare Trust: The link that paved way to riches for some

The trust's dealings were ignored by everyone, perhaps in the hope that the institutions that owned IL&FS had adequate board oversight of founder Ravi Parthasarathy and his people

Crude oil the catch for India's bonds after inflation offers relief

India's sovereign bonds, which have dropped in 10 of the previous 12 months, rebounded in the past three days

How the $10-billion clean air drive is set to boost Indian pipe makers

This project aims to see 10 million homes linked to gas grids by 2020 and bring relief to smog filled cities