Jodrell Bank

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Clean Energy & Climate Transition 15 Oct 2026, 08:08 PM IST

Future of UK’s Largest Telescope to Be Reviewed as Funding Pressure Mounts

The future of the United Kingdom’s largest telescope, the Lovell Telescope at Jodrell Bank, is set to be explored amid renewed concern over long-term funding for major scientific infrastructure. The review comes as local and regional leaders seek to protect radio astronomy assets facing budget strain, with fresh attention also on smaller telescopes linked to the same research ecosystem.

By RDU Global Wire5 min read

Banking, Fintech & Insurance15 Oct 2026, 10:32 PM IST

Indian Bank, UCO Bank Lead Q2 Profit Growth as Treasury Income Slumps

Indian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank delivered double-digit profit growth in the September quarter, supported by stronger core lending income and steady loan expansion. The gains, however, were tempered by weaker treasury earnings as rising bond yields eroded mark-to-market gains, underscoring the pressure higher rates are placing on banks’ investment books.

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Global Markets & Equities15 Oct 2026, 10:11 PM IST

Swiss Top Court Upholds Bonus Cuts for Former Credit Suisse Bankers After UBS Takeover

Switzerland’s top court has upheld the government’s decision to strip bonuses from former Credit Suisse bankers after the lender’s emergency takeover by UBS, closing the bankers’ final legal avenue to recover the pay. The ruling reinforces the state’s authority to intervene in compensation disputes tied to the 2023 rescue of Credit Suisse and underscores the political sensitivity surrounding executive pay in a bank failure.

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Banking, Fintech & Insurance15 Oct 2026, 09:30 PM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a move that had been part of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders, who had challenged the loss of their investments, and could reshape how stressed-bank resolutions handle hybrid capital instruments in India.

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Banking, Fintech & Insurance15 Oct 2026, 08:49 PM IST

Apple Pay Launches in India With Axis Bank Visa and Mastercard Credit Cards

Apple Pay has officially launched in India, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The rollout adds a secure, private payment option that does not require PINs or OTPs for each transaction, marking a notable expansion in India’s digital payments landscape.

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Global Markets & Equities15 Oct 2026, 08:08 PM IST

U.S. Fines Bank of America $1.2 Billion Over Anti-Money Laundering and Sanctions Failures

U.S. regulators have imposed a $1.2 billion penalty on Bank of America, accusing the lender of violating anti-money laundering and sanctions rules in a major enforcement action that underscores the continuing pressure on large banks to strengthen compliance. The fine lands as the bank also reported a sharp drop in third-quarter profit, adding to investor scrutiny over trading, dealmaking and operating discipline.

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Global Markets & Equities15 Oct 2026, 07:48 PM IST

U.S. Banks Post Solid Loan Growth as Deposit Competition Intensifies

Major U.S. banks delivered another quarter of healthy loan growth in the third quarter, underscoring that credit demand remains resilient even as higher rates and uneven capital-markets activity weigh on parts of the industry. But executives also signaled that competition for deposits is becoming more aggressive, a trend that could pressure funding costs and margins into year-end.

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Co-Occurring Entities

Entities frequently referenced alongside Jodrell Bank:

United Kingdom(1)Cheshire(1)BBC(1)