New Delhi / Tribune News Service Indian companies’ earnings growth is recovering and they are all set to post a double-digit profit growth for the fiscal years to come, after seeing flattish to weak growth for a few years now, according to analysts. To be sure, this growth comes on a low base. Kotak Insititutional Equities, an arm of ...

  Beijing / Bloomberg China sent shares of renewable-energy companies higher by forcing grid operators to buy wind and solar power in regions where network congestion has idled plants. Grid companies will have to buy sufficient power that ensures wind farms across nine regions including Xinjiang and Gansu can operate at least 1,800 hours a year, according to a statement ...

  AFP The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual home venue in Frankfurt, the ECB’s decision-making governing council voted not to alter borrowing costs, which have been at ...