This is the second such notice to the spot commodity exchange promoted by Financial Technologies India Ltd. A similar notice had been issued to the NSEL by the Consumer Affairs Ministry in 2012.
To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. An order in this regard has been issued by the Union food and consumer affairs ministry. Retail prices of pulses rose by more than 20 per cent during the January-June period of this year, according to the ministry's data.
Industry clueless about implementing labelling ru#8804 FSSAI dithers over regulations.
Government acts against hoarders, over 5,800 tonnes of pulses seized
Despite lobbying by bourses, FinMin mulls tax to monitor the market.
India might not have started growing genetically modified food crops, but it does import food products that contain GM ingredients. Consumers who buy them have no way of knowing what they contain. The government has come up with guidelines to let you know if the item purchased is genetically modified.
The ministry has proposed similar penalty and jail term for adulteration, besides license suspension and cancellation
The hallmarking of gold, which is voluntary in nature at present, is a purity certification of the precious metal.
Amendment Bill may be tabled in Monsoon session despite RBI's reservations.
Most states have urged the Union consumer affairs ministry to set up a retail regulatory authority before opening up the sector for Foreign Direct Investment (FDI). These views form part of the report, prepared by the ministry after seeking the views of states.
Commodity market regulator Forward Markets Commission has banned futures trading in electricity owing to poor volumes of trade.
On June 2, the ministry had constituted a 15-member committee, headed by Consumer Affairs Secretary Rajiv Aggarwal, to deliberate and suggest possible ways and means to check food wastage.
A large number of associations of small grocery shops have opposed foreign direct investment in multi-brand.
Commodity markets regulator FMC on Wednesday said it has given approval to the Anil Ambani Group to acquire 26 per cent stake in Indian Commodity Exchange from one of its promoters, Indiabulls group.
Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.
India exported $102 million worth of dehydrated onions in 2018-19.
The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.
As Vijay Goel began speaking on the "poor quality and unsafe water" in Delhi, AAP's Sanjay Singh started countering him in a loud voice.
India's commodity bourses -- Multi-Commodity Exchange and National Commodity and Derivatives Exchange -- are gearing up to launch futures trading in carbon credits.
Cheap Chinese-made toys have filled India's toyshops and bazaars in recent years, displacing locally made goods, but Indian politicians are now striking out against the imports.
The wholesale prices of food items surged by 15 per cent during the week ended on September 26 against the same period last year, the government's inflation data shows.
The Centre had asked the state governments to meet the millers.
The government on Monday said it has no plans to ban more farm commodities from futures market and hoped that suspension of trading in soya oil, chana, potato and rubber would not be extended beyond four months.
Are "dubious" new categories and "shady" new brands, financed and funded by avaricious investors trying to change the contours of the Indian marketplace forever, asks Sandeep Goyal?
The consumer affairs ministry has assured the pepper and jeera traders that it would look into their demands.
Insurance companies will find it difficult to deny claims to policy holders on 'flimsy' grounds once the Parliament approves the amendment to the Consumer Protection Act, a ministry official said on Monday.
The proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, that are envisioned to protect consumer interests, may further compound the impact of multiplicity of regulations on the e-commerce sector, the Indo-American Chamber of Commerce (IACC) had told the ministry of consumer affairs. IACC, the apex bilateral chamber for Indo-US business, had told the government that the proposed amendments would increase compliance liabilities that risk severely impairing the growth of the sector.
In September 2013, FMC was brought under the Finance Ministry.
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
Consumers have to watch out for four marks on hallmarked gold jewellery: BIS mark, purity in carat, assay centre's name and jewellers' identification mark.
The consumer affairs ministry on Tuesday expressed willingness to issue ISI mark licence for soft drinks provided the companies approach them on the matter, something they had failed to do so far.
The committee set up by the consumer affairs ministry to probe into the alleged presence of pesticides in bottled drinking water has asked the Bureau of Indian Standards to overhaul its procedures for developing standards
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
These items will remain under essential commodities segment till June-end, a move aimed at ensuring availability at reasonable prices and cracking down on hoarders/black marketeers.
A customer dissatisfied with his dining experience can have service charge on his food bill waived.
Celebrities endorsing Maggi can face action If Maggi is tested of high content of MSG.
Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.
Onion prices had peaked to Rs 57 per kg on August 22.
The SC bench said the report of CFTRI, where the samples of Maggi noodles were tested following earlier orders of the court, will form the basis for the proceedings before the NCDRC.
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
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