RBI finds Yes Bank under-reported bad loans by ₹3,277 crore in FY19

• The lender said it has made material policy and personnel changes to ensure regulatory compliance
• Yes Bank said divergence in provisions was ₹978 crore as on 31 March, 2019

Royal Enfield may bid adieu to 500cc bikes from early next year

• The company will instead upgrade its range of 350cc motorcycles, which continue to garner robust demand
• Implementation of the new Bharat Stage VI norms will make production of these motorcycles unviable for the domestic market due to the high cost of upgrading their engines and low volumes

Vodafone Idea, Airtel, Reliance Jio agree to help themselves before govt can

• Even if the three operators raise tariffs by only 10%, losses in the industry will reduce significantly
• Apart from better tariffs, telcos also need a breather on the debt front, and clarity on that as well

Reserve Bank likely to refer DHFL, Altico to bankruptcy court

• The Reserve Bank of India is currently in talks with lenders to DHFL and Altico
• While RBI will almost certainly refer DHFL to NCLT, there is still ambiguity over Altico

Boeing urged by NTSB to redesign 737 NG over 2018 engine blowout

• More than 7,000 planes could be affected by the recommendation that the inlet to the engines be redesigned
• A fan blade on an engine made by CFM International Inc. broke off, triggering the damage, the NTSB concluded

Now, Reliance Jio too decides to hike phone tariffs

• Move signals an end to three-year-long price war that upended the sector
• The news of the tariff hike catapulted Bharti Airtel to the top of the gainers in the Sensex on Tuesday

Scrappage policy hits another roadblock after NITI Aayog flags issues

• NITI Aayog was said to be unhappy with the discounts that the road ministry had planned to offer
• Govt hopes the policy laced with incentives would drive vehicle sales and help the auto industry that has been experiencing sluggish demand for about a year

Jaishankar visits Lanka to establish early ties with Gotabaya administration

• Jaishankar will be the first foriegn visitor to visit Colombo after the new administration under Gotabaya Rajapaksa assumed office
• The visit assumes significance given that Gotabaya is seen as pro-China and India would be keeping a close watch to see whether the new administration in Colombo walks a balance between New Delhi and Beijing

Congress, NCP meet again today on plan to end Maharashtra stalemate

• Sonia Gandhi holds meeting to discuss the way forward for Congress in Maharashtra
• The challenge for the Congress-NCP alliance is to get the required numbers to even reach the halfway mark in the 288-member assembly

Three scenarios when power of compounding can hurt finances

• You will pay more interest on a loan with a longer tenor as the interest payment will get compounded
• The longer the period for which you take a loan or don’t repay it, the greater will be the impact of compounding

Without a China trade deal, the US will hike tariffs, says Donald Trump

• Trump said that he would raise tariffs on imports of Chinese goods if no trade deal is reached with Beijing to end a tit-for-tat trade war
• Trump's latest tough comment came as markets are watching intensely for signs of progress in the 2 economic superpowers' attempt to reach a so-called 'phase one' partial deal

Can health insurance premiums go up due to poor air quality?

An increasing air pollution, which in turn increases the chances of falling ill, impact health insurance premiums?

Passenger vehicle sales drop for two consecutive festive seasons

• In the 42-day period spanning Navratri and Diwali, retail sales of vehicles fell 2% y-o-y to 2.41 million
• In October, retail sales of PVs rose by 11% y-o-y to 248,036 units as both Navratri and Diwali fell in Oct

Delhi in fastest growing residential markets list

• Delhi and Mumbai have moved up to ninth and tenth spots, respectively
• Bengaluru has slipped five places from the 15th rank in Q2 to 20th rank in Q3 2019

Pollution debate takes centre stage in Lok Sabha, Oppn calls for action

• Congress demands setting up of a statutory panel, BJP blames Delhi govt for taking inadequate measures
• Delhi’s air quality has begun to worsen and is likely to reach ‘severe’ levels by 21 November

Underperformance of PSU stocks may hit government’s disinvestment goal

• Banks alone can fetch more than ₹70,000 crore, with State Bank of India itself achieving ₹10,323.40 crore
• The BSE PSU Index, which comprises 61 stocks, has fallen 7.91% since 1 April

Opinion | All hope is not lost yet for the telecom sector

Tariff hikes may not be enough for older telecom operators to overcome their financial woes. But, with 5G on its way, sensible policies could work in favour of the whole market

Sensex, Nifty gain as RIL market cap crosses ₹9.5 trillion

• Bharti Airtel and Vodafone Idea were the other prominent gainers on Tuesday as the telecom operators said they will raise call charges starting 1 December
• Among laggards were Hero MotoCorp, Tata Motors, TCS, Tata Steel, Mahindra & Mahindra, and Yes Bank with the shares falling 1-2.5%

PSBs reported frauds worth ₹96,000 crore between April-September 2019

• Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters
• SBI reported fraud of ₹25,400 crore followed by PNB of ₹10,800 crore and BoB of ₹8,300 crore

How livable is your city?

Use this interactive tracker to see how your city fares on 10 key parameters, and how it ranks overall

Dissent within party poses a threat to Karnataka BJP ahead of bypolls

• Karnataka CM Yediyurappa’s threat to expel local and state level leaders has increased the risk of defections
• Discontent among BJP cadres may benefit the Opposition in recovering lost ground, say analysts

‘Empowered’ by law to monitor, decrypt digital information, says govt

• Minister of state for home affairs G. Kishen Reddy says only authorized agencies are allowed to intercept digital data
• This comes weeks after WhatsApp sued NSO Group for helping govt spies break into phones of 1,400 users

Purifiers, masks may be costly but they are worth investing in

• Spending to fight the ill effects of air pollution has become a necessity in the current environment
• Replacing the filter can cost between ₹1,000 and ₹3,000, depending on the brand and model of your purifier

Swedish prosecutor drops Assange rape investigation after nearly 10 years

• Accuser studying whether to appeal decision
• Assange is now in jail fighting extradition to the United States on computer hacking and espionage charges unveiled after he left the embassy

'All chances' we will back BJP-led Karnataka govt if required: JD(S) leader

• Basavaraj Horatti said JD(S) may support BJP if it falls short of numbers after the 5 Dec bypoll results
• The MLC who met the Chief Minister felt that MLAs across political parties do not want mid-term polls

Rupee closes higher as govt not to revise fiscal deficit target

• Rupee closed at 71.72 to a dollar, up 0.17% from its previous close of 71.84
• So far this year, the rupee has lost 2.71%, while foreign investors bought $11.80 bn and $5.13 bn in equity and debt markets respectively

Mobile subscriber base rises in September; Airtel, Voda together lose 5 mn users

• Reliance Jio adds 6.98 mn users while Bharti Airtel loses 2.3 mn users and Vodafone Idea loses 2.57 mn users on a monthly basis
• Jio now has 355.2 million users

Know how banks calculate your home loan EMI

• Your EMI depends on three factors — the loan amount, the rate of interest and the loan tenure
• Banks use the daily reducing balance method for home loans, while some housing finance companies use the monthly method

Separatists behind stone pelting in J&K, govt tells Lok Sabha

• 765 were arrested in incidents of stone pelting since abrogation of Article 370 on 5 August, says the govt
• Home ministry says its investigations revealed the hand of Hurriyat-linked groups in incidents of stone pelting, and the NIA has cracked down on such groups

Finance Commission may reject ₹83,000-cr package to curb pollution: Report

• Power ministry wants to award utilities the package in incentives to install equipment to curb emissions, says a senior ministry official
• Emissions from power plants are one of the biggest causes of the chronic smog now seen in New Delhi and some other Indian cities

What the numbers say about CJIs

As their average tenure decreases, the chief justices, who are mandated to retire at 65, are rushing to deliver verdicts that could define their legacy

Crop insurance flaws fuel farm distress

• At a time when rural incomes are sliding, the only existing safety net for the farmer is failing
• High costs of reinsurance due to erratic weather, a spike in claims, political interference in crop loss estimation are reasons that forced some insurers to leave the business

IRCTC's Tejas Express: How to quickly get compensation for train delay

• The IRCTC has approved two ways by which a passenger travelling in Tejas Express can initiate the claim process in case there is a delay
• IRCTC will pay a compensation of Rs. 100 in case the train during its run, is delayed by more than one hour and Rs. 250 in case of delay of more than two hours

Medium intensity quake hits Nepal; tremors felt in north India

• There were no immediate reports of loss of life or property
• The epicentre of the quake was in Nepal and it occurred at a depth of 33 kilometres, the NCS said

'If situation arises': Kamal, Rajini hint at joining hands for TN's welfare

• 'There is nothing new in us joining hands as we have been united for the past 44 years,' said Kamal Haasan in an apparent reference to their stint in the film industry

Carlyle Group sells 3% stake in SBI Life for ₹2,800 crore

• SBI Life is a joint venture between the State Bank of India and leading global insurance company BNP Paribas Cardif
• As on September-end this year, SBI owned 57.6% stake in the insurance company, while BNP Paribas held 5.20%

Indian stock markets set for a 'slow grind': Motilal Oswal Financial

• India is contending with the slowest economic growth in six years
• A contraction in consumer demand has hurt sales in industries from automobiles to retail