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CONSUMER POLICY
RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA SecuritiesThe Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as t...
Red Tape ordered to pay Rs 8,000 compensation after charging customer Rs 10 for carry bagA consumer commission in Rohtak has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and co...
China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
Psychology says women who return clothes often after ordering online aren't indecisive or always making impulsive decisions: What this shopping habit really means?Psychology says women who return clothes often after ordering online aren't simply making random decisions. Research suggests this habit ca...
Internet now a lifeline, focus should shift from popularising access to protecting users: IT SecretaryThe government's digital policy is shifting from promoting access to actively protecting users and ensuring robust internet infrastructure,...
Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
6500 litres of fake ghee found by food regulator during a raid in Delhi and HaryanaFSSAI busted an inter-state counterfeit ghee racket, seizing over 6,500 litres of suspected adulterated products and raw materials in Delhi...
Customer wins Rs 15,000 compensation after restaurant collects Rs 151 service charge as ‘staff contribution’; Consumer Commission orderA man has won Rs 15,000 compensation after a Jalandhar restaurant charged him Rs 151.53 as service charge. The Consumer Commission ruled th...
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
How a Rs 5 dispute ended Indian Railways paying Rs 10,000 as compensationIndian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Bank of Japan raises interest rates to 31-year highThe Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong foc...
Telcos reject call for cheaper, standalone voice & SMS plansTelecom operators Reliance Jio, Airtel, and Vodafone Idea have rejected the Telecom Regulatory Authority of India's (Trai) proposal for man...
No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
Maharashtra FDA bars hospitals from forcing patients to buy medicines in-houseMaharashtra's Food and Drug Administration has issued a significant directive. Hospitals and medical practitioners must now allow patients ...
Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...