News for 'Interests of Consumers'

Bank Must Pay For ATM Failure: Consumer Court

Bank Must Pay For ATM Failure: Consumer Court

Rediff.com23 May 2026

A consumer court in New Delhi has directed the Bank of India to refund Rs 10,000 to a woman and provide additional compensation for a failed ATM transaction that was not reversed for several months, citing deficiency in service and violation of RBI guidelines.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com19 May 2026

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

War, Rain Dampen Q4 Consumer Durables Sales, Especially ACs

Rediff.com20 Apr 2026

Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

Rediff.com14 Jun 2026

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Rediff.com6 days ago

A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

Rediff.com3 days ago

Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.

'It's up to consumers to decide if IPL's run-fests are boring or not'

'It's up to consumers to decide if IPL's run-fests are boring or not'

Rediff.com28 Apr 2026

Former New Zealand pacer James Franklin believes it is up to fans to decide if high-scoring IPL matches are boring, as the game remains heavily skewed in favour of batters.

Are You In An Obsessive Relationship?

Are You In An Obsessive Relationship?

Rediff.com1 days ago

Sometimes, what looks like overwhelming love is actually overwhelming anxiety, warns Tanvi Singh, co-founder and director, Leap of Love Foundation.

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com6 days ago

Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.

'Psycho killer' poisons 8 men with borax powder, attends their funeral

'Psycho killer' poisons 8 men with borax powder, attends their funeral

Rediff.com22 hours ago

A 46-year-old shopkeeper, Ram Sahay Jaiswal, has been arrested in Chhattisgarh's Balodabazar district for allegedly poisoning eight men with borax powder over four months, driven by revenge and grudges.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com6 days ago

The case for long-term investment in gold, however, remains intact.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

High Court Criticises State Machinery For Delays In Minor Rape Survivor's Abortion Plea

High Court Criticises State Machinery For Delays In Minor Rape Survivor's Abortion Plea

Rediff.com9 Jun 2026

The Allahabad High Court has strongly criticised the state machinery for its "persistent failure" and significant delays in processing a minor rape survivor's plea for medical termination of pregnancy. The court highlighted how seven weeks were lost due to bureaucratic hurdles, leading to the survivor delivering the child despite seeking an abortion. The court also directed authorities to conduct a comprehensive socio-psychological study on rape cases and their consequences.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com5 days ago

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

RBI maintains repo rate at 5.25%, cites West Asia crisis and inflation risks

Rediff.com5 Jun 2026

The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Kerala's Economic Crisis: BJP Points Finger At UDF, LDF

Kerala's Economic Crisis: BJP Points Finger At UDF, LDF

Rediff.com4 Jun 2026

BJP leaders Rajeev Chandrasekhar and B B Gopakumar have accused both the UDF and LDF governments of pushing Kerala into an economic crisis. They criticised the lack of solutions from the ruling fronts, highlighted the state's high public debt, and questioned the allocation of revenue for development versus salaries and pensions.

CM Mann Asserts Punjabis Rejected Traditional Parties In 2022

CM Mann Asserts Punjabis Rejected Traditional Parties In 2022

Rediff.com9 Jun 2026

Punjab Chief Minister Bhagwant Mann stated that the people of the state rejected traditional parties in 2022 and will not allow their return. He criticised the BJP for alleged misuse of central agencies and the Akali Dal-BJP alliance, calling it fatal. Mann also slammed the Congress for internal rivalries and lack of vision for Punjab.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Rediff.com10 Jun 2026

The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.

Amul, Mother Dairy hike milk prices by Rs 2/litre, intensifying inflationary pressures

Amul, Mother Dairy hike milk prices by Rs 2/litre, intensifying inflationary pressures

Rediff.com13 May 2026

Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

The dark truth behind Mexico's cute FIFA World Cup symbol

The dark truth behind Mexico's cute FIFA World Cup symbol

Rediff.com8 Jun 2026

The smiling axolotl is everywhere at the World Cup in Mexico City. But behind the colorful murals and mascot statues lies a troubling reality: scientists say the critically endangered amphibian is becoming increasingly difficult to find in the wild.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com29 May 2026

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"

'Vijay Brings A Modern Look As Youth Are With Him'

'Vijay Brings A Modern Look As Youth Are With Him'

Rediff.com4 Jun 2026

'Present day youth are not interested in the past. They want to see what you are going to do now.'

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com15 Jun 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Tibeny Rai: 'Cinema Can Be Powerful Without Being Loud'

Tibeny Rai: 'Cinema Can Be Powerful Without Being Loud'

Rediff.com2 Jun 2026

'Coming from Sikkim and the Himalayan region, we don't have a well-established film industry, so funding, infrastructure, and distribution opportunities are limited. At the same time, that can be liberating.' 'There are fewer expectations about what stories should be told, and that gave me freedom to make the film on my own terms.'

Arvind Subramanian: Be Wary of China Bashing

Arvind Subramanian: Be Wary of China Bashing

Rediff.com14 May 2026

It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.

Rs 230 crore! Virat Kohli highest earning player in IPL history

Rs 230 crore! Virat Kohli highest earning player in IPL history

Rediff.com19 May 2026

Virat Kohli has emerged as the highest earner in IPL history, grossing Rs 230 crore. Kolkata Knight Riders leads franchise valuations at over Rs 19,200 crore.

'Indians Have The Worst Metabolism, Diets High In Refined Carbs'

'Indians Have The Worst Metabolism, Diets High In Refined Carbs'

Rediff.com8 Jun 2026

'Refined carbohydrates are the quiet troublemaker in our diet.' 'We eat plenty of calories, but not enough nutrition.'

How EPFO's UPI Integration Will Benefit Subscribers

How EPFO's UPI Integration Will Benefit Subscribers

Rediff.com19 May 2026

The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.

Bandar Review: Watch It For Bobby Deol

Bandar Review: Watch It For Bobby Deol

Rediff.com5 Jun 2026

The greatest pleasure of Bandar is watching Bobby Deol let go of his vanity and submit himself to Anurag Kashyap's unflinching filmmaking, notes Mayur Sanap.

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Rediff.com19 May 2026

Virat Kohli has emerged as the highest earner in IPL history, grossing Rs 230 crore. Kolkata Knight Riders leads franchise valuations at over Rs 19,200 crore. The average IPL team valuation is projected to jump to USD 15 billion by 2032.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.