News for 'Consumers Union'

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

Nirmalaji, Streamline GST Assessment Machinery!

Nirmalaji, Streamline GST Assessment Machinery!

Rediff.com23 Sep 2025

'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.

Microsoft Restores Services To Nayara

Microsoft Restores Services To Nayara

Rediff.com31 Jul 2025

Microsoft Corp has restored all services -- including email access -- to Russian oil giant Rosneft-backed Nayara Energy, just before a scheduled hearing in the Delhi high court over the service suspension.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

Next-Gen GST a step towards single tax slab

Next-Gen GST a step towards single tax slab

Rediff.com17 Aug 2025

The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.

ASI to host yoga at 81 sites, Amit Shah to attend near Ahmedabad

ASI to host yoga at 81 sites, Amit Shah to attend near Ahmedabad

Rediff.com21 Jun 2025

Also, as part of the IDY celebrations, entry to all ASI sites will be "free of cost" for the public on June 21, the ministry of culture said in a statement on Friday.

'If Police Starts Deposing From Police Stations, Then Cross Examination Won't Be Possible'

'If Police Starts Deposing From Police Stations, Then Cross Examination Won't Be Possible'

Rediff.com29 Aug 2025

'As a defence lawyer I won't know if a policeman under cross questioning is being prompted to answer by someone behind his computer screen.'

Union Budget 2025-26: This is what telecom sector wants

Union Budget 2025-26: This is what telecom sector wants

Rediff.com21 Jan 2025

High spectrum costs limit operators to invest in next-gen network infrastructure.

Govt tells e-com firms to audit dark patterns, submit yearly reports

Govt tells e-com firms to audit dark patterns, submit yearly reports

Rediff.com30 May 2025

The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices -- a technique commonly referred to as dark pattern -- and submit reports to the Department of Consumer Affairs (DoCA). It comes just a week after Uber was issued a notice by the Central Consumer Protection Authority (CCPA) over its "advance tip" feature.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Modi pushes for 'Swadeshi' amid Trump's tariff tirade

Rediff.com2 Aug 2025

'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

Rediff.com12 Aug 2025

If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.

AI 171 crash: 65 families hire US law firm Beasley Allen for legal battle

AI 171 crash: 65 families hire US law firm Beasley Allen for legal battle

Rediff.com8 Aug 2025

Families of victims of the Air India plane crash have hired a US law firm to explore legal options, seeking answers and accountability.

Indian oil refiners continue to source oil from Russia

Indian oil refiners continue to source oil from Russia

Rediff.com2 Aug 2025

Indian OMCs have not been buying Iranian or Venezuelan crude which is actually sanctioned by US. OMCs have always complied with the price cap of $60 for Russian oil recommended by the US.

Consumer goods firms likely to see an upswing after year of lull

Consumer goods firms likely to see an upswing after year of lull

Rediff.com24 Jul 2024

The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.

How India, UK will benefit from the free trade deal

How India, UK will benefit from the free trade deal

Rediff.com24 Jul 2025

India on Thursday signed a free trade agreement, officially dubbed as the Comprehensive Economic and Trade Agreement (CETA), with the UK - its 16th trade pact so far - as the country aims to boost bilateral trade and investments.

Those who speak English will soon feel ashamed: Shah

Those who speak English will soon feel ashamed: Shah

Rediff.com19 Jun 2025

'When our country was consumed in an era of pitch black darkness, even then literature kept the lamps of our religion, freedom, and culture lit'

Cabinet reshuffle buzz in Maharashtra strengthens

Cabinet reshuffle buzz in Maharashtra strengthens

Rediff.com26 Jul 2025

The speculation about the likely cabinet reshuffle in Maharashtra strengthened on Saturday, with senior Bharatiya Janata Party leader and minister Chandrashekhar Bawankule stressing that Chief Minister Devendra Fadnavis' discretion is supreme among allies.

Union Budget 2025-26: Economists stress need for manufacturing policy

Union Budget 2025-26: Economists stress need for manufacturing policy

Rediff.com9 Dec 2024

The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday.

A Deal Is Possible Only On Trump's Terms

A Deal Is Possible Only On Trump's Terms

Rediff.com31 Jul 2025

For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

Karnataka seeing new kind of 'jihad' through waqf: Union minister

Karnataka seeing new kind of 'jihad' through waqf: Union minister

Rediff.com8 Nov 2024

Hitting out at the Congress government headed by Chief Minister Siddaramaiah, he said the ruling party has reached "height of appeasement politics," and alleged that it has in a way made appeasement of minorities its "goal."

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

'Quicker credit data updates will aid underwriting'

'Quicker credit data updates will aid underwriting'

Rediff.com18 May 2025

'This helps the consumers secure more favourable terms from CIs.'

US penalty risk on Russian oil may add $9-11 bn to India's import bill

US penalty risk on Russian oil may add $9-11 bn to India's import bill

Rediff.com3 Aug 2025

India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.

Trump Tantrum: 'Present Moment Difficult For India'

Trump Tantrum: 'Present Moment Difficult For India'

Rediff.com20 Aug 2025

'Geopolitically and diplomatically it's a very difficult situation for India.'

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

India's Census 2027 to include caste count; exercise to cost Rs 13K cr

India's Census 2027 to include caste count; exercise to cost Rs 13K cr

Rediff.com16 Jun 2025

The census will be carried out with a reference date of October 1, 2026 in snow-bound areas like Ladakh and March 1, 2027 in the rest of the country, the notification said.

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

Why RBI Was Worried About Consumer Credit Growth

Why RBI Was Worried About Consumer Credit Growth

Rediff.com13 Mar 2024

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.

Govt To Target Coaching Centres

Govt To Target Coaching Centres

Rediff.com23 Jun 2025

The panel will examine the reasons behind the emergence of dummy schools and their role in encouraging full-time coaching at the cost of formal schooling, and will suggest ways to mitigate the issue.

Shell deepens India market reach through Raj Petro buy

Shell deepens India market reach through Raj Petro buy

Rediff.com4 Jul 2025

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.

Tesla Hits Indian Roads But Misses Mass Appeal

Tesla Hits Indian Roads But Misses Mass Appeal

Rediff.com29 Jul 2025

Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

India's GDP to grow at 6.5-6.7% in FY26: Deloitte

Rediff.com1 May 2025

Deloitte on Thursday projected economic growth at 6.5-6.7 per cent for the current fiscal, as tax incentives provided in the Budget are expected to push domestic demand amid an uncertain global trade environment. Deloitte estimated India's GDP growth at 6.3-6.5 per cent for FY25 and said that the economic outlook for FY26 hinges on a delicate balance between evolving trade relations and government efforts to boost domestic consumer demand.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

Woman claims rape at IIM-Calcutta campus, her father says...

Woman claims rape at IIM-Calcutta campus, her father says...

Rediff.com12 Jul 2025

The accused has been arrested on the basis of an FIR lodged by the woman at Haridevpur Police Station, they said.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Ultraviolette Unveils 2 e-bikes in Paris, opens gateway to EU

Ultraviolette Unveils 2 e-bikes in Paris, opens gateway to EU

Rediff.com19 Jun 2025

The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

'India Is Becoming Super India And Bharat Is Becoming Like Somalia'

Rediff.com8 Jul 2025

'The government's priority is not farmers.'

No duty cuts by India on UK wines under FTA

No duty cuts by India on UK wines under FTA

Rediff.com11 May 2025

India will not provide any duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, according to an official. The other sensitive agri products where India will not offer any reduction in the import duty include dairy products, apples, cheese, oats, animals and vegetable oils under the agreement with the United Kingdom.