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Amazon strengthens play in furniture segment ahead of festive season

Amazon strengthens play in furniture segment ahead of festive season

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.

Donald Trump to join PM Modi at 'Howdy, Modi' event in Houston, confirms White House

Donald Trump to join PM Modi at 'Howdy, Modi' event in Houston, confirms White House

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 prices rise sharply after attack on Saudi oil facilities

Oil prices rise sharply after attack on Saudi oil facilities

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.

PGIM India funds down 21-30% after downgrade of Anil Ambani's firm

PGIM India funds down 21-30% after downgrade of Anil Ambani's firm

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.

SC rejects plea seeking clarity on restructuring wages for EPF deduction

SC rejects plea seeking clarity on restructuring wages for EPF deduction

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.

Rupee extends winning run to 7th day; rises 22 paise to 70.92 vs USD

Rupee  extends winning run to 7th day; rises 22 paise to 70.92 vs USD

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.

Traders body wants Amazon, Flipkart's festival sales banned

Traders body wants Amazon, Flipkart's festival sales banned

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.

Government announces Rs 10,000 crore for affordable housing, pushes for exports

Government announces Rs 10,000 crore for affordable housing, pushes for exports

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’s new tools help find drug addiction recovery resources

Google’s new tools help find drug addiction recovery resources

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.

SBI minimum account balance and penalty charges: Key things to know

SBI minimum account balance and penalty charges: Key things to know

Country's largest lender State Bank of India (SBI) is revising its service charges from 1st October 2019. Maintenance of average monthly balance (AMB) charges are different for metro, semi-urban and rural areas. Currently, the metro and urban centre branches, the requirement of AMB is ₹3,000. For someone not maintaining ₹3,000, with a shortfall of less than or equal to 50%, will be charged ₹10 plus GST.

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