Sunday, August 09
Ryanair said it will look at adding in-flight Wi-Fi to its aircraft only when the cost comes down and the service suits passengers flying short routes across Europe. The airline said current technology does not yet make financial sense for its low-cost model.The budget carrier said fitting aircraft with Starlink Wi-Fi would require installing an external antenna, which would increase fuel use by about 2%. Ryanair Chief Financial Officer Neil Sorahan said this added fuel drag would raise operating costs. He also said most Ryanair passengers are unwilling to pay for internet on flights that last around two hours.Sorahan said passengers usually download movies or content on their devices before flying, reducing the need for onboard internet. Speaking in an interview on Bloomberg TV, he said,
China's President Xi Jinping said China and India were "good neighbours, friends and partners" as he wished President Droupadi Murmu congratulations on the South Asian nation's Republic Day, the official Xinhua news agency reported on Monday.Xi said that over the past year, China-India relations have continued to improve and develop and are of "great significance for maintaining and promoting world peace and prosperity," according to Xinhua.Xi said China has always believed that being "good neighbours, friends and partners" is the right choice for both China and India.He referred to China and India as the "dragon and the elephant dancing together," Xinhua said.Xi said he hoped that both sides would expand exchanges and cooperation and address each other'
Axis Bank reported a 3% increase in its December quarter standalone net profit at Rs 6,490 crore compared to Rs 6,304 crore reported in the year ago period. The private lender earned an interest income of Rs 32,274 crore in Q3FY26, up 4.3% over Rs 30,954 crore posted in the corresponding period of the last financial year.The lender paid Rs 17,988 crore in interests on deposits in the quarter under review, which was up nearly 4% from Rs 17,348 crore in Q3FY25.The company profit after tax (PAT) surged 27% on a sequential basis from Rs 5,090 crore in Q2FY26.The bank’s Net Interest Income (NII) for Q3FY26 stood at Rs 14,287 crores up 5% YoY and 4% QoQ while its Net Interest Margin (NIM) for Q3FY26 stood at 3.64%.Other incomeFee income for Q3FY26 grew 12% YOY to Rs 6,100 crores while retail f
