State Bank of India chairman Rajnish Kumar has slammed a “selfish” private sector lender for the crisis at Altico Capital, as its unilateral move to secure its own money can potentially cause troubles to the wider financial system. The realty-focused non-banking lender Altico, which owes over Rs 4,500 crore to the system (mostly banks), defaulted on a nearly Rs 20 crore interest payment late last week on an external commercial borrowing (ECB) loan.

Amazon India has expanded its range in the furniture category to over 1.6 lakh products, especially from small and medium businesses, ahead of the festive season. Amazon, which has pumped in billions of dollars into its Indian operations over the last few years, said it has seen its furniture business in the country grow by over 120 per cent over the last year.

US President Donald Trump will join Prime Minister Narendra Modi in the mega "Howdy, Modi!" event which will take place in Houston next week, confirmed the White House on Sunday.

"On Sunday, September 22, 2019, President Donald J. Trump will travel to Houston, Texas, and Wapakoneta, Ohio, to underscore the important partnerships between the United States and India, and Australia.

Oil surged to four-month highs on Monday after weekend attacks on crude facilities at key producer Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investor risk appetite.

The ratings downgrade of Anil Ambani group firm Reliance Business Broadcast News Holdings (RBBNH, which owns Business Broadcast News) has led to a steep drop in the net asset values (NAVs) of mutual fund (MF) schemes with concentrated exposure to its debt papers.

The Supreme Court (SC) has dismissed a review petition filed by a section of industry, which sought clarity on its judgment on restructuring wages for deducting Employees’ Provident Fund (EPF) contribution, leaving companies confused about the implementation of the order.

The rupee marched higher for the seventh straight session on Friday to close at 70.92 per US dollar, up 22 paise, as softening crude oil prices and easing US-China trade tensions bolstered investor sentiment.

Most Asian currencies gained following signs of rapprochement between US and China over their trade dispute.

Just a couple of days after Flipkart announced the dates of its "The Big Billion Days" sale, the Confederation of All India Traders (CAIT) has written to the government seeking a "blanket ban" on festive season sales conducted by the e-commerce giant as well as its rival Amazon and other such platforms.

New Delhi: Finance Minister Nirmala Sitharaman, on Saturday, announced a series of incentives for affordable and middle class housing and allocated a special window to provide last mile funding for such projects with a fund of Rs 20,000 crore.

Google has launched tools to help people recover from drug addiction and also help them to locate places to treat overdose in an emergency situation. Google has announced that it is launching a new map feature to help people recover from drug addiction. The tool will guide people where to go to attend more than 83,000 recovery meetings, which take place in multiple locations such as community centres.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.