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India360: Big relief to consumers in court proceedings, government will bear the cost of arbitration

India360: Big relief to consumers in court proceedings, government will bear the cost of arbitration

Fri, Aug 11, 2023

Court Cases: Under the Consumer Protection Act 2019, the remuneration of the mediator will be paid from the Consumer Welfare Fund in court-related mediation, the government has given relief to the parties to resolve their consumer disputes

Consumers To Be Protected From Harassment By Unsolicited Calls, Messages Under New Telecom Bill

Consumers To Be Protected From Harassment By Unsolicited Calls, Messages Under New Telecom Bill

Fri, Sep 23, 2022

In the coming days, to save people from fraud, the government will make sure who is calling? The person receiving the phone can get complete information about this. In the new draft, the KYC of the telecom service provider will be mandatory, so that the user can get complete information. For this Telecom Bill-2022 will be brought.

India 360: Soon Customers Will Be Able To Repair, Modify Products With Ease As Govt Plans To Introduce ‘Right To Repair’

India 360: Soon Customers Will Be Able To Repair, Modify Products With Ease As Govt Plans To Introduce ‘Right To Repair’

Thu, Sep 08, 2022

The government is soon going to bring 'Right to Repair' law to protect the interests of consumers. With this, companies will no longer forcefully replace non-essential parts. The focus of the government is on the life of the product. Companies may have to provide documents related to repairing. Under this law, the local repair shop will have to give information related to the repair. Companies will have to provide repair facilities from third parties. The companies will be held responsible even after the warranty. The 'Right to Repair' law was already implemented in the UK last year.

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Young consumers willing to spend more on sustainable products and services, finds Credit Suisse study

Young consumers willing to spend more on sustainable products and services, finds Credit Suisse study

Wed, Feb 09, 2022

Young consumers' willingness to spend more for sustainable products and services find a top spot in a study published by Credit Suisse Research Institute (CSRI).

Forget millennials, check out baby boomers, GenX, Xennials

Forget millennials, check out baby boomers, GenX, Xennials

Wed, Sep 12, 2018

Management consulting company Gallup says millennials on an average spent $20 less per day in 2016, compared with their 2008 counterparts. This is attributed to increasing loans, debts and stagnant incomes. The report highlights that in 2008, people in the 18-to-29-year bracket spent almost $93 per day, which is now down to $74.

Consumer sentiment remains stable in June: Report

Consumer sentiment remains stable in June: Report

Mon, Jul 02, 2018

"Despite the hike in interest rates by RBI at the start of June, consumer sentiment remained broadly unchanged month-on-month, with consumers still relatively upbeat. Confidence is up significantly since the start of the year as consumers are benefitting from the revival in growth," GMMR Chief Economist Philip Uglow said.

Coal India's new pricing policy likely to cut power generation cost

Coal India's new pricing policy likely to cut power generation cost

Tue, Jan 16, 2018

Prices would reduce by a minimum of Rs 19 per tonne for the lowest grade and a maximum of Rs 48 per tonne for the highest grade for every 100 unit reduction in energy content measured in kilo calorie.

Pepperfry partners with Quikr to boost furniture exchange program

Pepperfry partners with Quikr to boost furniture exchange program

Fri, Jan 12, 2018

Pepperfry inks a pack with Quikr to boost its furniture exchange programme.

New Consumer Protection Bill with more teeth gets govt nod

New Consumer Protection Bill with more teeth gets govt nod

Thu, Dec 21, 2017

Under the older Act, consumers had to visit court for filing their complaints, and the court took years to resolve the case, but in the new bill, they can lodge a complaint while sitting at home.

How the government's MDR reimbursement decision impacts you

How the government's MDR reimbursement decision impacts you

Sun, Dec 17, 2017

Read how the government's MDR reimbursement decision will impact customers and railway commuters.

GST seen to give consumers' buying power a shot in the arm

GST seen to give consumers' buying power a shot in the arm

Sat, Jul 01, 2017

The Goods and Services Tax launch will enhance buying power of consumers as over 80 % of the goods fall below the 18 % tax bracket, but SMEs need to work to remove technology glitches, say experts.

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Thu, Jan 19, 2017

Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.

Demonetisation hits consumer buying sentiment, TRA Research says

Demonetisation hits consumer buying sentiment, TRA Research says

Thu, Jan 05, 2017

With consumers facing a severe cash crunch due to demonetisation led to lower consumer spends.

Elimination of high-denomination notes is a good thing; here's why

Elimination of high-denomination notes is a good thing; here's why

Wed, Nov 09, 2016

Kotak Institutional Equities said, “We see the government’s move as a positive for the economy in the medium term. The latest step appears to be the final one in the government’s systematic approach to remove black money from the economy.”

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