YES Bank reports surprise Q4 loss of Rs 1,507 crore as provisions jump 9 times YoY – Economic Times
Provisions jumped to Rs 3,661.70 crore in Q4 from Rs 399.64 crore in the year-ago period. Read More
reported by Reuters at The Times of India
Indian consumers face post-election fuel price shock, economy could be hit – Moneycontrol
For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned. Read More
reported by at Moneycontrol.com
Indian Government Again Discussing Ban on Cryptocurrencies: Report – CoinDesk
The government of India is said to be renewing its efforts to completely outlaw public cryptocurrencies, according to The Economic Times. Read More
reported by Yogita Khatri at Coindesk.com
Maruti Suzuki S-Cross to soon get a 1.5L petrol engine in India – CarWale – CarWale
The petrol engine will be a 1.5L K15B unit from the Ciaz and Ertiga.
reported by Ajinkya Lad at Carwale.com
Q4 Results: Hero MotoCorp’s Profit Slumps; Expects Recovery In Second Half Of FY20 – BloombergQuint
Lower sales, higher raw material costs and higher employee expenses hurt Hero MotoCorp. Read More
reported by Divya Grover at Bloombergquint.com
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