News for 'Ministry of Consumer Affairs'

FMC to discuss complaints from spices traders

FMC to discuss complaints from spices traders

Rediff.com19 Jun 2007

The consumer affairs ministry has assured the pepper and jeera traders that it would look into their demands.

Invoke stringent law against those hoarding: MHA to states

Invoke stringent law against those hoarding: MHA to states

Rediff.com8 Apr 2020

In a communication to chief secretaries of all states and union territories, Union home Secretary Ajay Bhalla said the ministry of home affairs, under the Disaster Management Act, has allowed manufacture or production, transport and other related supply-chain activities in respect of essential goods like foodstuff, medicines and medical equipment during the 21-day lockdown.

Food minister tries to bridge differences

Food minister tries to bridge differences

Rediff.com11 Feb 2011

Main difference has been on including people above the poverty line in the Food Security Bill.

Bengal: Babul Supriyo among 9 new ministers sworn in

Bengal: Babul Supriyo among 9 new ministers sworn in

Rediff.com3 Aug 2022

Nine MLAs, including Babul Supriyo, took oath as ministers in West Bengal on Wednesday, in a major reshuffle of Chief Minister Mamata Banerjee's cabinet.

Multi-brand retail: Panel to consider FDI

Multi-brand retail: Panel to consider FDI

Rediff.com25 Nov 2010

A large number of associations of small grocery shops have opposed foreign direct investment in multi-brand.

Anil Ambani group may buy 26% pie in ICEX

Anil Ambani group may buy 26% pie in ICEX

Rediff.com29 Sep 2010

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.

Govt moots retail sector watchdog

Govt moots retail sector watchdog

Rediff.com1 Jul 2010

The Centre is mulling over creation of an independent body to regulate the country's vast retail sector. The retail regulatory authority would ensure a level playing field for indigenous retail traders if the government opens the sector to more foreign participation. The Ministry of Consumer Affairs and Food has convened a meeting on July 8 in Delhi to discuss this and other proposals and chart a comprehensive plan for the sector, according to the agenda paper of the meeting.

FMC, Sebi may be merged

FMC, Sebi may be merged

Rediff.com24 May 2003

Mandatory hallmarking of gold jewellery soon

Mandatory hallmarking of gold jewellery soon

Rediff.com15 Mar 2018

Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country

Futures trading in carbon credits soon in India

Futures trading in carbon credits soon in India

Rediff.com20 Jun 2007

India's commodity bourses -- Multi-Commodity Exchange and National Commodity and Derivatives Exchange -- are gearing up to launch futures trading in carbon credits.

E-commerce rules to get stricter; flash sales may soon be history

E-commerce rules to get stricter; flash sales may soon be history

Rediff.com21 Jun 2021

The Centre on Monday proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration of these entities mandatory with DPIIT. Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed. The Consumer Protection (E-Commerce) Rules, 2020 were first notified in July last year.

Plea to make barcoding compulsory

Plea to make barcoding compulsory

Rediff.com18 Apr 2006

Industry status sought for organised retail

Industry status sought for organised retail

Rediff.com5 Jun 2009

Business chamber Assocham has asked the government to accord industry status to organised retail sector, which would improve investment inflows into the sector and increase its share in this segment. The move would increase the share of organised retail in the overall sector to 20-22 per cent from the current 3 per cent, Assocham said.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

IIT Bombay, Microsoft at loggerheads

IIT Bombay, Microsoft at loggerheads

Rediff.com28 May 2008

The Indian Institute of Technology, Bombay, has taken strong objection to the fact that despite a "No" to OOXML by a majority of the Bureau of Indian Standardsmembers, the software giant "continued to make representations to the top Indian leadership (read Ministry of Consumer Affairs), pressuring them to change the Indian vote".

Futures trade: No ban on more farm goods

Futures trade: No ban on more farm goods

Rediff.com12 May 2008

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.

In a first, PMO assigns work for junior ministers

In a first, PMO assigns work for junior ministers

Rediff.com30 Jul 2016

Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers.

Petro regulator: Not a toothless tiger

Petro regulator: Not a toothless tiger

Rediff.com17 Mar 2008

Labayendu Mansingh, Chairman of the Petroleum and Natural Gas Regulatory Board, is an amicable yet tough man. In his 5 months as the petroleum & natural gas regulator, Mansingh announced to the oil & gas industry his intention of proving that the regulatory board is more than a toothless tiger. The board will come out with its first set of regulations, which will lay down rules for the distribution of gas to households, vehicles & industries in cities by middle of this month.

Food prices rise by 15%

Food prices rise by 15%

Rediff.com8 Oct 2009

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.

Onion at eye-watering Rs 150/kg; imports underway

Onion at eye-watering Rs 150/kg; imports underway

Rediff.com27 Dec 2019

Both red and yellow onions have been imported from Turkey, Egypt and Afghanistan. The shipments are landing at Mumbai port.

IDBI Bank financial bids expected by June

IDBI Bank financial bids expected by June

Rediff.com6 Apr 2023

The government and Life Insurance Corporation's (LIC's) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the know. They added that considering the progress of the ongoing deal, financial bids are expected to come in by June this year. The proposed IDBI Bank stake sale is divided into two sequential stages.

Covid wave: Govt speeds up import approval for 17 medical equipment

Covid wave: Govt speeds up import approval for 17 medical equipment

Rediff.com30 Apr 2021

Recently, the finance ministry waived off basic customs duty and health cess on imported oxygen and related equipment for three years.

State govts start selling tur dal at Rs 120-145/kg

State govts start selling tur dal at Rs 120-145/kg

Rediff.com26 Oct 2015

The Centre had asked the state governments to meet the millers.

Retail food prices fall in Delhi, Mumbai

Retail food prices fall in Delhi, Mumbai

Rediff.com18 Apr 2008

The retail prices of essential food items have fallen by up to 11 per cent in Mumbai and Delhi in the first fortnight of April, much to the relief of millions in these metros who had to shell out 40 per cent more in the last one year.The rates have come down within two weeks of government's price control measures, reversing the trend of spiralling prices.

Commodity regulator FMC to be merged with Sebi: Jaitley

Commodity regulator FMC to be merged with Sebi: Jaitley

Rediff.com28 Feb 2015

In September 2013, FMC was brought under the Finance Ministry.

FTIL, MCX shares extend losses; plummet 45%

FTIL, MCX shares extend losses; plummet 45%

Rediff.com2 Aug 2013

Making a weak opening, shares of FTIL further tanked 45 per cent to Rs 105.5 -- its fresh 52-week low on the BSE.

'The real GDP was captured better'

'The real GDP was captured better'

Rediff.com1 Dec 2023

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Rediff.com8 Aug 2023

However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Rediff.com14 Aug 2022

Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.

Now drinking water under CSE lens

Now drinking water under CSE lens

Rediff.com25 Aug 2003

The government should frame appropriate guidelines to fix standards for drinking water to rid it of pesticides and other harmful chemicals.

Bitter truth of India's sugar industry

Bitter truth of India's sugar industry

Rediff.com24 Jul 2017

Poor rain threatens recovery in production this season, sugar prices at three-month high

Vanaspati from Nepal banned

Vanaspati from Nepal banned

Rediff.com15 Jan 2003

Fall in Kharif output may keep rice prices high

Fall in Kharif output may keep rice prices high

Rediff.com18 Sep 2022

A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country.

Shah, Sitharaman stand tall among ministers

Shah, Sitharaman stand tall among ministers

Rediff.com22 Jul 2021

Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.

'No state should sell pulses at more than Rs 120/kg'

'No state should sell pulses at more than Rs 120/kg'

Rediff.com17 May 2016

Paswan said his Ministry has acquired 55,000 tonnes of pulses.

Why McKinsey alone can't fix FCI

Why McKinsey alone can't fix FCI

Rediff.com23 Oct 2004

Railways tops in corruption complaints: CVC

Railways tops in corruption complaints: CVC

Rediff.com3 Aug 2016

As many as 12,394 complaints of alleged corruption were received against railway employees.

Tomato prices range between Rs 80 and Rs 120 per kg

Tomato prices range between Rs 80 and Rs 120 per kg

Rediff.com23 Nov 2021

Retail tomato prices are ruling at Rs 80 per kg in most cities across India but the rates have shot up to as high as Rs 120 per kg in few southern states because of widespread rains, according to government data. In Chennai, retail price of tomato was at Rs 100 per kg, Puducherry Rs 90 per kg, Bengalure Rs 88 per kg and Hyderabad Rs 65 per kg. In Kerala, retail prices of tomato are ruling at Rs 120 per kg in Kottayam, Rs 110 per kg in Ernakulam, Rs 103 per kg in Tiruvananthapuram, Rs 100 per kg in Palakkad, Rs 97 per kg in Trissure, and Rs 90 per kg in Wayanad and Kozikode.

To attract more FDIs, govt mulling changes in MRP labeling norms

To attract more FDIs, govt mulling changes in MRP labeling norms

Rediff.com11 Dec 2017

India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.