News for 'Consumers Association of India'

GOOD News! No Drug Price Hike In 2024

GOOD News! No Drug Price Hike In 2024

Rediff.com6 Feb 2024

For the consumer, there would be practically no impact on prices of essential medicines this year.

Is Intermittent Fasting Healthy?

Is Intermittent Fasting Healthy?

Rediff.com10 Apr 2024

'Any dietary approach is incomplete without physical exercise.' 'Application of calorie restriction/intermittent fasting alone would lead to a decrease in muscle mass, and possibly bone mass too.'

'Next few months are likely to see increased volatility'

'Next few months are likely to see increased volatility'

Rediff.com22 Feb 2024

'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'

Most consumers still prefer to buy smartphones online

Most consumers still prefer to buy smartphones online

Rediff.com14 Nov 2019

Amid the protests against leading e-commerce firms, Flipkart and Amazon, shipments through the online route in fact witnessed a double-digit growth every quarter.

Air India modifies alcohol policy after urination episodes

Air India modifies alcohol policy after urination episodes

Rediff.com25 Jan 2023

According to the revised policy, guests should not be permitted to drink alcohol unless served by the cabin crew and that the cabin crew be attentive to identifying guests that might be consuming their own alcohol.

Consumer durable firms stare at uncertain future

Consumer durable firms stare at uncertain future

Rediff.com18 Mar 2020

In 2020 a round of hikes in customs duty on components like compressors, motors and printed circuit boards aggravated the situation, coronavirus crisis is now leaving manufacturers with no option but to hike prices despite fall in sales.

Using An App For A Loan? Read This First

Using An App For A Loan? Read This First

Rediff.com7 Mar 2024

Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.

Darjeeling tea hits 8-yr low in auctions

Darjeeling tea hits 8-yr low in auctions

Rediff.com5 Jan 2024

Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.

Zomato puts on hold policy banning eateries over consumer complaints

Zomato puts on hold policy banning eateries over consumer complaints

Rediff.com16 Apr 2022

Zomato said late on Friday that it was pushing the implementation of the new food quality policy to May 3 from April 18.

At COP28, Modi proposes to host 2028 climate talks in India

At COP28, Modi proposes to host 2028 climate talks in India

Rediff.com2 Dec 2023

Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.

Average cost of data breach in India touches Rs 17.9 cr in 2023: IBM study

Average cost of data breach in India touches Rs 17.9 cr in 2023: IBM study

Rediff.com25 Jul 2023

The average cost of a data breach in India reached Rs 17.9 crore in 2023, according to the IBM Security report that classified it as an "all-time high" for the report and almost a 28 per cent increase since 2020. The most common attack type in India was phishing (almost 22 per cent), followed by stolen or compromised credentials (16 per cent). Social engineering was the costliest root cause of breaches at Rs 19.1 crore, followed by malicious insider threats, which amounted to nearly Rs 18.8 crore.

Why Drug Prices Won't Increase This Year

Why Drug Prices Won't Increase This Year

Rediff.com5 Apr 2024

The government has been stringent with pricing changes. Prices of 651 essential medicines came down from April 1, 2023 by 6.73 per cent with the government capping ceiling prices of these drugs.

Tagore, Hritihik, Kajol have 'benefited from consuming' Bournvita

Tagore, Hritihik, Kajol have 'benefited from consuming' Bournvita

Rediff.com13 Oct 2017

The health drink brand from Mondelez walks the tight rope between tradition and trendy to stay relevant.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

File tax return in mid-June, once all necessary info is available

File tax return in mid-June, once all necessary info is available

Rediff.com7 May 2024

Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.

Automobile retail sales see 9% growth in August: FADA

Automobile retail sales see 9% growth in August: FADA

Rediff.com5 Sep 2023

Automobile retail sales in India rose by 9 per cent in August aided by sales growth in all segments, including passenger vehicles and two wheelers, dealers' body FADA said on Tuesday. The total retail sales across segments rose to 18,18,647 units last month, up 9 per cent, from 16,74,162 units in August 2022. Passenger vehicle registrations increased by 7 per cent to 315,153 units last month from 295,842 units in August 2022.

No plan on OTTs sharing revenue with telcos: Govt

No plan on OTTs sharing revenue with telcos: Govt

Rediff.com25 Sep 2023

There is no plan to direct over the top (OTT) communications players who generate large amounts of traffic to give a 'fair and proportionate' share of their revenues to telecom network operators, the communications ministry has said. A senior official allayed any such apprehension by saying: "We have no proposal of this kind or anything like this which we are working on. "There is no fresh reference on this matter to the regulator (Trai)," he said. The ministry's view is significant as telecom network operators have been escalating this issue since July when Trai issued a consultation paper called 'Regulatory Mechanism Over OTT Communication Services and Selective Banning of OTT Services'.

Now, It's Shah Rukh Vs Sunny Deol

Now, It's Shah Rukh Vs Sunny Deol

Rediff.com17 Feb 2024

Of the top four companies, which collectively hold more than half of India's market share, two have pitted Shah Rukh Khan and Sunny Deol against each other.

How consumers are forcing big brands to behave better

How consumers are forcing big brands to behave better

Rediff.com5 Apr 2018

Is this paradigm shift in brand-consumer power-sharing coming to fruition in India too?

Modi govt 3.0: Who is in, who is out

Modi govt 3.0: Who is in, who is out

Rediff.com10 Jun 2024

Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.

Mayank Agarwal hospitalised after drinking 'poisonous liquid'

Mayank Agarwal hospitalised after drinking 'poisonous liquid'

Rediff.com31 Jan 2024

Mayank Agarwal is believed to be out of danger after drinking liquid from a pouch, which he thought was water and was kept on his seat as he was on board with IndiGo airlines

3rd ODI PIX: Aus pick up consolation win as India's middle-order crumbles

3rd ODI PIX: Aus pick up consolation win as India's middle-order crumbles

Rediff.com27 Sep 2023

IMAGES from the 3rd ODI between India and Australia played in Rajkot on Wednesday

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Truckers' stir turns violent in Rajasthan; fuel rush across many states

Rediff.com2 Jan 2024

Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.

Amul and Modi's BIG dream!

Amul and Modi's BIG dream!

Rediff.com22 Feb 2024

Prime Minister Narendra Modi on Thursday appealed to farmers and other stakeholders associated with the cooperative sector to make GCMMF, which owns the 'Amul' brand, the world's number one dairy company from its current eighth position. He was addressing nearly one lakh people, mostly cattle rearers and farmers, gathered at the Narendra Modi stadium in Motera area of Ahmedabad for the golden jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF).

Electoral bonds: SC to hear SBI's plea and contempt petitions tomorrow

Electoral bonds: SC to hear SBI's plea and contempt petitions tomorrow

Rediff.com10 Mar 2024

The apex court bench, also comprising justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, will assemble at 10.30 am to hear the two petitions.

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

Travelling Across India On Your Stomach In Summer

Travelling Across India On Your Stomach In Summer

Rediff.com4 May 2023

The best summer foods of India

SC to hear SBI's plea on electoral bonds on Mar 11

SC to hear SBI's plea on electoral bonds on Mar 11

Rediff.com8 Mar 2024

The bench, headed by Chief Justice D Y Chandrachud, will also hear a separate plea which has sought initiation of contempt action against the SBI alleging it "wilfully and deliberately" disobeyed the apex court's direction to submit details of the contributions made to political parties through electoral bonds to the Election Commission by March 6.

'Invest 10-15% Of Your Portfolio In Gold'

'Invest 10-15% Of Your Portfolio In Gold'

Rediff.com1 May 2024

Gold is an excellent asset class for diversification and should be included in all long-term portfolios.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

The wake-up call that every consumer needs

The wake-up call that every consumer needs

Rediff.com23 Nov 2017

Pending consumer dispute cases are at an all-time high.

Fintech Lenders Gave Rs 29,875 Crore

Fintech Lenders Gave Rs 29,875 Crore

Rediff.com23 Oct 2023

'The last year's growth is a foretaste of things to come in the retail credit market.'

Hooch Tragedy: Will TN Go Dry?

Hooch Tragedy: Will TN Go Dry?

Rediff.com21 Jun 2024

Ironically, rival Tamil Nadu governments expend the most on social welfare schemes, especially targeting women and youth and children, but that money comes only by selling more liquor. There is always the specious plea, which has been peddled very many times in the past, that without licensed liquor, drinkers would go after hooch and there could be more hooch tragedies and hooch deaths. No one is convinced, but no one can dispute it either, comments N Sathiya Moorthy.

India's pharma industry likely to take 5-6% price hikes this year

India's pharma industry likely to take 5-6% price hikes this year

Rediff.com6 Sep 2023

Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.

Complaints against Nayanthara for 'demeaning Lord Ram' in Netflix movie

Complaints against Nayanthara for 'demeaning Lord Ram' in Netflix movie

Rediff.com11 Jan 2024

The complaint mentions the last scene of the film which shows a temple priest's daughter, played by Nayanthara, offering namaz wearing 'hijab' before making biryani.

Why KYC Is Important

Why KYC Is Important

Rediff.com5 Mar 2024

'Clients deemed higher-risk are required to update their KYC more frequently.'

GST collections rise to Rs 1.65 lakh cr in July

GST collections rise to Rs 1.65 lakh cr in July

Rediff.com1 Aug 2023

GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending. This is the fifth time since the rollout of the Goods and Services Tax (GST) regime that monthly collections have crossed the Rs 1.60 lakh crore mark -- making it the new normal. "Gross GST revenue collected in July is Rs 1,65,105 crore of which CGST is Rs 29,773 crore, SGST is Rs 37,623 crore, IGST is Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess is Rs 11,779 crore (including Rs 840 crore collected on import of goods)," the finance ministry said in a statement.

Talent Crunch Affects Bank's Cybersecurity Plans

Talent Crunch Affects Bank's Cybersecurity Plans

Rediff.com14 Dec 2023

'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.