Consumer
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Low two-wheeler volume a concern: Uno Minda Chairman 

The company is hopeful two-wheeler (2W) sales will pickup as per capita vehicle ownership in India is very low as against developed nations.

published on : 27th January 2023
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Delhi district consumer commission slaps Make My Trip with over Rs 35K fine

The commission was hearing a complaint which said Make My Trip booked an accommodation in a resort near the Jim Corbett national park in Nainital in September 2016.

published on : 19th January 2023
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Double cheer for economy as inflation cools, Industrial Production Index rises in December

This is the second straight month that retail inflation has fallen below the Reserve Bank of India’s upper tolerance limit of 6%.

published on : 13th January 2023
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Retail inflation goes up in Kerala

Kerala’s retail inflation in December was up by .02 pc when compared to November, contradictory to the declining trend in the national average.

published on : 13th January 2023
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Reliance firms make open offer to acquire 26 per cent stake in Lotus Chocolate

The offer will aggregate to a total consideration of Rs 38.56 crore over the full acceptance, said an open offer-detailed public statement shared by the company with stock exchanges on Thursday.

published on : 6th January 2023
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Consumer forum orders furniture firm to pay Rs 1 lakh compensation to Meenakshi Amman temple

According to the petitioner, the temple administration has been providing free meals to devotees on a daily basis.

published on : 5th January 2023
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Retail: Here’s how the great commerce and consumer shift will pan out this year

Smart factories, equipment and shipping will deliver the goods while improving worker safety, optimising inventories, cutting down maintenance costs and streamlining processes.

published on : 1st January 2023
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Bengaluru: Onus of paying relief on land owner too

Consumer Forum verdict makes developer, owner culpable for delay in housing project

published on : 29th December 2022
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Appliances, consumer electronics industry aim for production capacity boost in 2023

Changing lifestyle along with increased affordability will fuel market growth, according to Voltas which sold a record 1.6 million units of residential ACs from January till November 2022.

published on : 28th December 2022
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Piyush Goyal launches right to repair portal & new premise of National Consumer Helpline 

A memorandum of understanding was also signed between the Consumer Affairs Department and IIT (BHU), Varanasi as well launched a capacity building programme of consumer commissions.

published on : 24th December 2022
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Why aspirational India is still reluctant to spend

One big manifestation of this is the continuing sluggishness in two-wheeler sales even as passenger car/SUV sales break all records.

published on : 15th December 2022
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Keeping lid on food prices is key to easing inflation

To counter rising inflation in recent months, the RBI has hiked the repo rate by 225 basis points since May, taking the terminal rate to 6.25%, the highest since March 2019.

published on : 14th December 2022
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Retail inflation cools to within RBI’s target, at 5.88% in Nov

The banking regulator has been taking hard steps to tame inflation, having increased repo rate by 225 basis points since May. 

published on : 13th December 2022
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Petition in Madras HC seeks quashing of GO for linking of Aadhaar with electricity consumer number 

The public interest litigation (PIL) petition was filed by advocate ML Ravi, founder of Desiya Makkal Katchi.

published on : 8th December 2022
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At 8.82%, inflation rate in Telangana the highest in country

It’s 9.47% in rural areas, 8.23% in urban areas: Ministry of  Statistics

published on : 25th November 2022
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Tata Group in talks to buy packaged water brand Bisleri

This official admission by Tata comes after veteran industrialist Ramesh Chauhan said that he is scouting for a buyer for his packaged water business -- Bisleri International.

published on : 24th November 2022
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Centre launches framework for protecting consumers from fake reviews on e-commerce sites

The standard will initially be voluntary for compliance by all e-commerce platforms. BIS will also develop a Conformity Assessment Scheme for the standard within 15 days to assess compliance.

published on : 21st November 2022
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Mobile industry agrees for phased roll-out of uniform device chargers: Govt 

In the meeting, a broad consensus emerged among stakeholders on the adoption of USB Type - C as a charging port for electronic devices such as smartphones, tablets, laptops etc.

published on : 16th November 2022
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UK inflation accelerates to 41-year peak of 11.1 per cent

The Consumer Prices Index hit 11.1 per cent in October, reaching the highest level since 1981, the Office for National Statistics (ONS) said in a statement.

published on : 16th November 2022
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China trade down on weak global demand, virus curbs

Forecasters expected Chinese trade to weaken as global demand cooled following interest rate hikes by the Federal Reserve and other central banks to rein in surging inflation.

published on : 7th November 2022
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