NATIONAL CONSUMER HELPLINE
E-commerce to be key growth driver for lifestyle brands; Hindi speaking consumers ignored by luxury brands: Marketers
Management consulting firm Technopak president Saloni Nangia said the next decade would define winners in the digitally creative world. She added that game-changers in the coming decade would be disruption of traditional business models, customer centricity, product experience and collaborative supply chain.
Prices of 20 of 22 key food items rose steadily in 2019: Consumer Affairs Ministry
Rise in prices of almost all essential food items has beco...
Mobile companies seek review of duty on parts as imports from Vietnam soar
India has imported mobile phone components worth more than $1 bill...
National Policy on Statistics set to be unveiled soon
The credibility of India’s official stats is under strain following alleged shelving of unfavourable data.
UK shares skyrocket on Johnson's sweeping win
The export-heavy FTSE 100 index rose 1% as negative impact from strong sterling was offset by a rally in utilities, retailers, housebuilders and banking stocks.
Inflation targeting: Surge in prices of onion & sugar has brought back bad memories
A surge in prices of onion and sugar has brought back the bad memories of farm economy roiling the rest.
Consumers in India turn most pessimistic in more than five years
The drop coincides with a deepening slowdown in the economy and rising worries about employment.
NCDRC asks Sahara India to promptly pay claimants under its accidental death scheme
The National Consumer Disputes Redressal Commission (NCDRC) has directed the company, which entered into a legal battle with an insurance firm over payment of the claim amount under the policy, to settle its dispute without troubling the nominees of the deceased investors.
Nirav Modi's diamond swindle is hurting India’s economy in grip of slowdown
India’s gems industry employs almost 5 million workers and contributes about 7% of the GDP.
RBI's customer protection rules will benefit depositors
The complainants used two ATMs in this locality and were duped include customers of HDFC Bank and United Bank of India.
Profiteering charges against Nestle India
The National Antiprofiteering Authority (NAA) has also directed the company to reduce prices ‘commensurately’ and mandated that the Director General Anti-Profiteering (DGAP) issues a showcause notice seeking explanation on why the penalty should not be applied. The DGAP has been directed to furnish compliance report in four months.
Complaints on govt helpline: Ecommerce faces the bulk of consumer bricks & mortars
One in every five complaints filed on the helpline was against an e-commerce company.
IEPFA launches investor helpline
Corporate affairs secretary Injeti Srinivas said that the helpline was set up was a major step to address the concerns of various claimants, according to a government release. The helpline was an initiative by the IEPFA with the help of Common Services Centre (CSC) e-Gov SPV under the IT and electronics ministry.
Realtors challenge constitutional validity of National Anti-profiteering Authority
Input tax credit refers to a mechanism under the GST framework wherein the tax a company pays when it buys raw materials or other services can be passed on to the buyer when the goods or services are sold. Many real estate developers were asked to pay penalties as they did not pass on the benefits of the input tax credit to the customers.
Base year depends on global, national economic situation, data availability: Rao Inderjit Singh
As per the United Nations System of National Accounts (UN SNA)-2008, base year of Gross Domestic Product (GDP) series is revised from time to time to better capture structural changes in the economy. The member countries are required to revise the base year of their macro-economic indicators like Gross Domestic Product (GDP).
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service