Consumers

  • Bags destroyed by rats during journey; Railways to pay Rs 15,000 20 hours 34 minutes ago

    New Delhi: Indian Railways has been held deficient by a consumer forum here which directed it to pay Rs 15,000 compensation to a retired serviceman, whose bags were damaged by rats in a train. New Delhi Consumer Disputes Redressal Forum, presided by C K Chaturvedi,...
  • July retail inflation accelerates to 7.96 per cent August 12, 2014

    New Delhi: Consumer price inflation accelerated to a two-month high of 7.96 per cent in July, driven up by surging prices for vegetables, fruit and milk, government data showed on Tuesday. A Reuters poll had forecast the consumer price inflation rate would edge up to 7.4 percent from 7.31 percent in...
  • RBI to unveil credit policy review, interest rate may remain unchanged August 5, 2014

    The Reserve Bank of India will come out with its credit policy review on Tuesday. It is likely to maintain status quo on interest rate in its bi-monthly monetary policy review. The central bank may prepare ground for an easier rate regime by introducing some liquidity enhancing measures. In spite...
  • Tomato prices skyrocket to Rs 80 per kg in some cities July 25, 2014

    New Delhi: Tomato prices have soared up to Rs 80 per kg in some parts of the country after a substantial drop in supply from key producing states. The average price of tomato, monitored by the Consumer Affairs Department, in 59 cities, however, stood at Rs 60 per kg. The vegetable...
  • Higher weight of food items causing high retail inflation: Government July 20, 2014

    New Delhi: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to official data. The high inflation in India owes to "higher weight for the food basket (about 50 per cent)" as against 14 per cent and 32...
  • Budget 2014: What's cheaper, what's dearer July 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Thursday spared the common man from price hikes by keeping duties on commonly used day-to-day items unchanged but made it costlier for smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2014-15. Following is a list...
  • US economy contracts sharply, consumer spending revised down June 25, 2014

    Washington: The US economy contracted at a much steeper pace than previously estimated in the first quarter to record its worst performance in five years, but there are indications that growth has since rebounded strongly. The Commerce Department said on Wednesday gross domestic product fell at a 2.9 per cent annual...
  • Government extends reduced excise duties on some goods for 6 months June 25, 2014

    New Delhi: The Narendra Modi government on Wednesday decided to extend the excise duty concessions announced by the previous UPA-II government in its interim budget for another six months till December 31, 2014. Finance Minister Arun Jaitley said that the reduced excise duties on automobiles, capital good and consumer durables...
  • Thane: Two-wheeler Co asked to pay Rs 50,000 for deficient service June 9, 2014

    Thane: A consumer forum has ordered a motorcycle manufacturing company to pay Rs 50,000 compensation to a customer for deficient services. Monesh Mishra, a resident of Vasai town in Thane district, had complained to District Consumer Redressal Forum that on May 5, 2011, his two-wheeler met with an accident as...
  • Consumer Unity and Trust Society suggets reforms to contain inflation June 5, 2014

    The Consumer Unity and Trust Society (CUTS), an NGO, on Thursday suggested Minister of Finance and Corporate Affairs Arun Jaitley there was a need to introduce competition and transparency reforms to contain inflation and achieve high growth. The new government at Centre has obtained clear and sustainable majority in Lok Sabha,...
  • High fructose in beverages harming soda consumers: Study June 5, 2014

    New York: Love gulping down cans of beverages or juices to chill out this summer? Think twice as soda consumers may be getting a much higher dose of the harmful sugar fructose than they have been led to believe, an alarming research suggests. Beverages and juices made with high fructose corn syrup...
  • Ration helpline gets plenty of queries May 19, 2014

    New Delhi: The Ration helpline number of the Delhi government till now has received 90,753 calls related to queries and complaints. "The complaints received so far mostly pertain to non opening of FPS, quality of foodgrains, issue of foodgrains less than the entitlement, service deficiency at the FPS and misbehavior...
  • Man sues Delhi multiplex for Rs 50,000 because he didn't like the film 'Rockstar', court tells him 'you could have just left the hall' May 9, 2014

    New Delhi: A consumer forum has dismissed a Rs 50,000 claim by a man alleging mental harassment against multiplex authorities over bad quality of a movie he saw in 2011, saying he could have left the hall if he did not like the film. A West Delhi District Consumer Disputes Redressal...
  • Some consumers welcome LPG quota hike, others call it a gimmick January 30, 2014

    Some consumers from across the country are happy and welcome Centre's decision to raise subsidised LPG cylinder cap from 9 to 12 per connection. "It is a good move and will benefit people with large family but it's too late and a political gimmick," said a consumer. ...
  • Apple to refund consumers at least $32.5 mn in disputed kids' app purchases January 16, 2014

    Washington:/b<> Apple Inc will refund consumers at least $32.5 million to settle a longstanding complaint that the technology company billed US consumers for charges incurred by children through mobile apps without their parents' consent. Under the terms of the settlement, announced on Wednesday by the US Federal Trade Commission, Apple also...
  • Audi unveils new driver less car in Las Vegas January 7, 2014

    Audi has unveiled its new driver less car.This car was unveiled at the Consumer Electric Show in Las Vegas. It is like an auto pilot where the pilot can go into auto pilot but you need the pilot in the plane. It warns you if you close your eyes after...
  • Consumer forum asks tailor to pay fine for causing mental agony by stitching loose pants January 6, 2014

    A tailor has been asked by a consumer forum in Indore to pay Rs 3,050 as compensation to a complainant for stitching two loose trousers, which were meant to be worn at a marriage function. The forum, in its order issued last week, has asked the tailor to pay compensation while...
  • How technology reveals the kind of shopper you are November 30, 2013

    Washington: Advances in technology have never made finding deals this holiday season so easy - or so creepy. Marketers and mobile app developers have developed creative new ways to help shoppers find what they want for less. But these inventive techniques also allow for more aggressive tracking of consumer behaviour, whether...
  • Rupee trims early gains, quotes at 63.07 vs dollar November 14, 2013

    Mumbai: The rupee trimmed its early gains but was still higher by 23 paise to 63.07 against the dollar in late morning trade today on selling of the American currency by banks and exporters amid recovery in equity market. Persistent capital inflows from foreign funds into equity market also boosted the rupee...
  • Sensex snaps seven-day losing streak November 14, 2013

    Mumnai: The BSE Sensex rose nearly 1 per cent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the US Fed also helped. The Sensex added 205.02 points or 1.02 percent to end...
  • Sensex closes at lowest in over a month; inflation hurts November 13, 2013

    Mumbai: The BSE Sensex fell for a seventh consecutive session on Wednesday to its lowest close in over one month after higher-than-expected retail inflation data raised fears of a third rate hike this year. Among rate-sensitive stocks HDFC Bank Ltd fell 1.9 per cent, while Hero MotoCorp Ltd ended 1.8 per...
  • Rupee closes at 63.30 versus US dollar, rebounds by 41 paise November 13, 2013

    Mumbai: Rupee closed on Wednesday at 63.30 versus US dollar, rebounds by 41 paise or 0.64 per cent. Continuing its slide for the sixth straight day, the rupee on Wednesday lost 17 paise to trade at a fresh two-month low of 63.88 in early trade on strong dollar demand from importers...
  • Dell Latitude 6430u owners complain their laptops smell of cat urine November 1, 2013

    New York: A noxious feline odour has some Dell customers caterwauling. People who own Dell Latitude 6430u laptops are complaining that their pricey new computers are emitting a smell similar to cat urine. Some of them said on the company's online customer forums that the odour seems to be coming from...
  • Samsung apologises to China consumers, says to fix Galaxy S3, Note 2 for free October 24, 2013

    Beijing: South Korea's Samsung Electronics Co Ltd, the world's biggest smartphone maker, has apologised to Chinese customers for problems with some mobile phones after a broadcast on China Central Television criticised Samsung repair policies. "As far as management problems caused inconvenience to our customers, we offer our sincere apologies," Samsung Electronics...
  • CPI inflation quickens to 9.84 per cent in September: Govt October 14, 2013

    The annual consumer price inflation quickened more than expected to 9.84 percent in September from 9.52 percent in August, government data showed on Monday. A poll published last week had forecast consumer inflation accelerating to 9.60 percent in September. Food prices for consumers last month rose 11.44 percent from a year earlier,...
  • SBI slashes interest rates on car, consumer goods loans October 9, 2013

    State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand. SBI is the fourth bank after PNB, OBC and IDBI Bank to offer special interest rates for loans to...
  • IOCL, BPCL, HPCL move SC for modification of Aadhaar order October 6, 2013

    Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes. IOCL, BPCL and HPCL would mention the matter on Monday for urgent hearing before a bench...
  • Not to reduce interest on consumer durable loans: HDFC Bank October 4, 2013

    Chomu: HDFC Bank on Friday said it will not reduce interest rates for consumer durable loans ahead of the festive season, although state-owned lenders might do so on a call by the Finance Ministry to boost demand. "No, we will not be reducing the interest rates (on consumer durable loans). We...
  • Banks to offer cheaper loans to stimulate consumer demand: Govt October 3, 2013

    New Delhi: Indian banks will get additional capital to provide loans at lower interest rates for purchases of two-wheelers and other consumer durables, the finance ministry said in a statement on Wednesday. The move is aimed at stimulating demand in Asia's third-largest economy that is struggling to recover from the worst...