News for 'Consumers Association of India'

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.

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.'

Expert groups to explore adoption of common chargers

Expert groups to explore adoption of common chargers

Rediff.com18 Aug 2022

The government will set up expert groups to explore the adoption of common chargers for mobile and all portable electronic devices, and submit a detailed report in two months, Consumer Affairs secretary Rohit Kumar Singh said. The department of consumer affairs on Wednesday called a meeting with industry stakeholders. After the meeting, Singh said India can initially think of exploring shifting to two types of chargers, including a C-Type port.

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.

Why KYC Is Important

Why KYC Is Important

Rediff.com5 Mar 2024

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

Govt to issue guidelines for social media influencers over endorsements

Govt to issue guidelines for social media influencers over endorsements

Rediff.com7 Sep 2022

The government will soon come out with guidelines for social media influencers, making it mandatory for them to declare their association with the product they endorse, sources said.

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

India's PC market grows 17.8% to 3.7 million in Q1

India's PC market grows 17.8% to 3.7 million in Q1

Rediff.com18 Aug 2022

The Indian PC market grew by 17.8 per cent in shipment to 3.7 million units in the April-June 2022 quarter, International Data Corporation (IDC) said in a report on Thursday. The PC market includes desktops, notebooks and workstations.The notebook category continued to be the volume driver, with the shipment of 2.6 million units in the June 2022 quarter. However, its growth rate reduced to 7.3 per cent compared to over 30 per cent on average for the last three quarters.

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs

Rediff.com29 Nov 2023

Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.

Most new consumer goods bomb, says Nielsen report

Most new consumer goods bomb, says Nielsen report

Rediff.com26 Jun 2014

The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.

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.

2 Dabur cos get relief in multiple lawsuits in US court

2 Dabur cos get relief in multiple lawsuits in US court

Rediff.com15 Nov 2023

In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian cancer, uterine cancer and other related health issues. However, lawsuits filed against its third international subsidiary Namaste Laboratories LLC, would continue before the US District Court for the Northern District of Illinois, according to a statement from Dabur on Wednesday. Dabur International and Dermoviva were removed and got relief in the multiple suits due to lack of jurisdiction as they have not either manufactured, marketed, distributed or sold hair relaxer products in the US, it added.

Why India's Internet Growth Has Stalled

Why India's Internet Growth Has Stalled

Rediff.com11 Jan 2023

In the quarter ending June 2022, the growth of Internet subscribers was less than one per cent of all of 2021.

Analysts see bond yields hitting 7.5% in near-term; how should you invest?

Analysts see bond yields hitting 7.5% in near-term; how should you invest?

Rediff.com30 Aug 2023

Bond markets, global as well as domestic, are likely headed towards hard times over the next three to six months, as higher vegetable prices, rising fuel costs, and improved wages may keep inflation hot, believe analysts, who expect the yields to hit 7.5 per cent in the near-term from the current 7.234 per cent. In this backdrop, they suggest investors can put in money in funds/instruments with residual maturity of 4 to 6 years, while longer-term investors can allocate cautiously to the longer end in the range beyond 7 years.

PC shipments fell by 30% in Q1, notebooks fared the worst

PC shipments fell by 30% in Q1, notebooks fared the worst

Rediff.com24 May 2023

The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.

How BJP Uses Influencers To Win Over Voters

How BJP Uses Influencers To Win Over Voters

Rediff.com26 Feb 2024

'While other parties generally need support directly from their central leadership to get influencers or celebrities to endorse their party, the work of identifying and contacting such influencers has been decentralised to state and district level IT cells to get more engagement in the BJP.'

SC gives SBI 24 hours to release electoral bonds data

SC gives SBI 24 hours to release electoral bonds data

Rediff.com11 Mar 2024

Chastising the State Bank of India, the Supreme Court on Monday ordered it to disclose the details of the electoral bonds encashed by political parties to the Election Commission by the close of the business hours on March 12 and warned the country's largest public sector lender that the court may proceed against it for 'wilful disobedience' if it failed to comply with its directions and deadlines.

8,134 Have Lost Jobs Till May

8,134 Have Lost Jobs Till May

Rediff.com26 May 2023

Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.

Want To Buy A Car? Juicy Offers Coming!

Want To Buy A Car? Juicy Offers Coming!

Rediff.com27 Nov 2023

'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'

Apple seeks more time to comply with EU norm in older iPhones

Apple seeks more time to comply with EU norm in older iPhones

Rediff.com7 Dec 2023

Apple Inc has requested the ministry of electronics and information technology (MeitY) to give it 18 to 24 months' exemption to comply with the European Union (EU) regulation of putting an USB charging port in all its older smartphones, mainly iPhone 13 and iPhone 14, which are assembled, exported and also sold in the domestic market. Apple's stance is different from that of Samsung, which has been pushing for an immediate implementation of the EU regulation. All smartphones by the South Korean giant already comply with the EU rules.

Aaditya Thackeray moves HC, seeks to be heard in Sushant death case PIL

Aaditya Thackeray moves HC, seeks to be heard in Sushant death case PIL

Rediff.com18 Oct 2023

Shiv Sena (UBT) MLA Aaditya Thackeray has moved the Bombay high court seeking to be heard before any order is passed in a public interest litigation demanding a CBI probe in connection with the deaths of actor Sushant Singh Rajput and his former manager Disha Salian.

NCDEX all set to relaunch groundnut futures after more than 13 years

NCDEX all set to relaunch groundnut futures after more than 13 years

Rediff.com19 Jun 2023

After a gap of more than 13 years, the National Commodity and Derivatives Exchange (NCDEX) is all set to launch a futures contract in groundnut (in shell) to fill a void in oilseeds complex futures because of a ban in several high-volume commodities.

Stock Market: Which Sectors Delivered?

Stock Market: Which Sectors Delivered?

Rediff.com12 Jan 2024

The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

FPIs pull out over Rs 10K cr from Indian equities in just 21 days

Rediff.com24 Sep 2023

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.

Buyers Can Opt Out If Builder Fails On Commitments

Buyers Can Opt Out If Builder Fails On Commitments

Rediff.com27 Sep 2023

Section 19(4) of the RERA Act entitles allottees to a refund if the developer doesn't comply with the terms of the sale agreement.

India's manufacturing activities remain strong in October

India's manufacturing activities remain strong in October

Rediff.com1 Nov 2022

Manufacturing activities in India remained robust and price pressures were contained in October as new orders and production rose at a slower but stronger pace, according to a monthly survey released on Tuesday. The seasonally-adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was up from 55.1 in September to 55.3 in October. The October PMI data pointed to an improvement in overall operating conditions for the 16th straight month.

As EVs rise in India, a requiem for Kolkata's electric trams

As EVs rise in India, a requiem for Kolkata's electric trams

Rediff.com4 Jul 2023

Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.

Xiaomi 5G smartphones dial Jio's network

Xiaomi 5G smartphones dial Jio's network

Rediff.com27 Dec 2022

Xiaomi India on Tuesday announced its partnership with Reliance Jio to offer the telco's 'True 5G' experience to its consumers. Smartphone models supporting the Standalone (SA) network have received a software update to work seamlessly on Reliance Jio's network, according to a statement. The enabled devices include Mi 11 Ultra 5G, Xiaomi 12 Pro 5G, Xiaomi 11T Pro 5G, Redmi Note 11 Pro+ 5G, Xiaomi 11 Lite NE 5G, Redmi Note 11T 5G, Redmi 11 Prime 5G, Redmi Note 10T 5G, Mi 11X 5G, Mi 11X Pro 5G, Redmi K50i 5G, Xiaomi 11i 5G and Xiaomi 11i HyperCharge 5G.

If you can't afford onions, don't eat for 2-4 months: Maha Min

If you can't afford onions, don't eat for 2-4 months: Maha Min

Rediff.com22 Aug 2023

Maharashtra minister Dada Bhuse said the decision to impose export duty should have been taken with proper coordination.

Cheers! You Can Drink Beer In Office!

Cheers! You Can Drink Beer In Office!

Rediff.com25 May 2023

Beer to be allowed in certain offices in Haryana; other states allow its sale in stores and malls.

How much does iPhone 15 cost? Rs 79,900 to Rs 199,900

How much does iPhone 15 cost? Rs 79,900 to Rs 199,900

Rediff.com14 Sep 2023

Apple Inc has announced the India prices of the new variants of its bestselling smartphones - launched on Tuesday - as it assembles the device in the country. The new iPhone 15 range starts at Rs 79,900 for the 128 GB variant (the same price as the iPhone 14 when it was launched last year) and goes up to Rs 199,900 for the top-end Pro Max with a 6.7 inch screen and 1 TB (terabyte) storage. The world's most valuable company also launched three new upgraded Apple watches, starting with the SE at Rs 29,900 and going up to Ultra 2 at Rs 89,900.

Trade generics growth to dent value expansion of domestic drug market

Trade generics growth to dent value expansion of domestic drug market

Rediff.com2 Jan 2024

Rising penetration of trade generic medicines is eating into the value growth of the domestic pharmaceutical market, showed a recent analysis. According to a Kotak Institutional Equities analysis, 70-110 basis points (bps) annual dent is expected from trade generics and Jan Aushadhi on Indian Pharma Market (IPM) growth at least until FY27-28 (see chart). Trade generic medicines are those that are not pushed into the market through doctor promotions.

Startups On Hiring Spree!

Startups On Hiring Spree!

Rediff.com5 Feb 2024

In 2024 so far, 20 startups have already visited the campus with 80 placements.

What's Better? No-Cost EMI Or BNPL?

What's Better? No-Cost EMI Or BNPL?

Rediff.com13 Nov 2023

Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.

India's smartphone market sees 1% decline in the first half of 2022

India's smartphone market sees 1% decline in the first half of 2022

Rediff.com9 Aug 2022

India's smartphone market has fallen by one per cent in the first half of 2022, as shipments of Xiaomi - the top-selling brand - declined 28 per cent due to weak consumer demand in the quarter ended June. According to the International Data Corporation's (IDC's) Worldwide Quarterly Mobile Phone Tracker, 71 million smartphones were shipped from January to June this year. The highest decline was in the below-$100 segment, which lost its market share by 5 per cent.

India's rising medical devices imports hurt small and medium units

India's rising medical devices imports hurt small and medium units

Rediff.com19 Jul 2022

India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China to Rs 13,538 crore, the commerce ministry data analysed by the Association of Indian Medical Device Industry (AiMeD) has showed. Local industry players say this has led to several small and medium units to shut shop. Rakesh Vaid of Usha Fabs, a garments exporter, had started making N95 masks in his Gurgaon factory during the peak of the Covid-19 pandemic.

Buying Financial Products? Beware!

Buying Financial Products? Beware!

Rediff.com27 Nov 2023

Avoid relying on a bank RM for investment advice. Instead, approach a Sebi-registered investment advisor whose livelihood depends on the fee paid by his customers and not on product commissions.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'