Holding the bank responsible for deficiency in service, the Delhi State Consumer Disputes Redressal Commission has asked it to pay the compensation amount within a month.
The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.
Three key agriculture Bills, approved by the Lok Sabha, are facing staunch opposition from within the ruling coalition with senior minister Harsmirat Kaur Badal resigning in protest and farmers hitting the street.
AAP demanded that BJP leaders Parvesh Verma and Manoj Tiwari be barred from campaigning for their remarks against the Delhi CM. The EC later issued a notice to Verma for calling Kejriwal a 'terrorist'.
Last November, a lawyer for Future Retail Limited (FRL) told Delhi high court that Amazon is interfering with its lawful business and thousands may lose their jobs and FRL may go bankrupt. Senior advocate Harish Salve, who appeared for FRL, likened Amazon to East India Company. Senior advocate Gopal Subramanium, who represented Amazon, told the Future counsel to keep the "East India Company" rhetoric aside, as Amazon has invested $6.5 billion all over India and created 900,000 jobs. This drama played out in the case in which Amazon has challenged Future's $3.4-billion deal with Reliance, alleging the retailer's deal breached an agreement with the American e-commerce firm.
The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.
Power consumers in the state will have to shell out more, with regulator Punjab State Electricity Regulatory Commission (PSERC) announcing an average tariff hike of 12.08 per cent.
'Political parties are following the Divide and Rule policy to break the unity of farmers.'
Codex Commission agrees on better standards on many food items exported by India, such as nuts, spices and seafood
However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to the Covid-19 pandemic.
NITI Aayog has been working on an action plan to relieve rural distress and energise the agricultural sector
The European Union on Tuesday decided to lift a ban on the import of mangoes from India after the country made improvements in plant health controls and certification system, clearing the way for them to return to the 28-member bloc.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
The Maharashtra Electricity Regulatory Commission has restrained Mumbai-based power utility and Reliance group company BSES from disconnecting supply to consumers for non-payment of additional security deposit.
A doctor cannot play with the patients' lives for personal gain, the apex consumer forum has said while directing an Ayurveda practitioner to pay Rs 7 lakh to the widow of a man, who had died following his treatment with allopathic drugs.
Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy
This is first of its kind case that has come to light in the US wherein call centres in India have been used to make fake debt collection calls to the US.
The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th Pay Commission
Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters
According to the consumer affairs department, these chit funds are operating at a small level.
Committee set up by state govt considering reduction in rates
A WhatsApp spokesperson said the update 'does not impact the privacy of personal messages for anyone'.
The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.
Direct to Home (DTH) operators could be asked to provide inter-operable set-top boxes to their customers with the Competition Commission of India (CCI) seeing prima facie merit in a complaint filed by a consumer organisation that it is in violation of competition laws.
In yet another blow for Nestle India, live larvae and worms have been found in their milk powder in Coimbatore.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
'We have done what we needed to do on behalf of the consumers'.
WhatsApp and Facebook had challenged the CCI's March 24 order directing a probe into the new privacy policy.
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay.
A data shows the number of backyard poultry has risen by 46 per cent between 2012 and 2019. The development is extremely positive because it provides an incentive for small and marginal farmers to rear birds.
Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities
A Delhi District Consumer Disputes Redressal Forum, headed by its president M P Mehndiratta, also ordered South Delhi-based Metro Job Consultants to refund to its customer Inderjeet Tanwar the entire Rs 8,500 commission charged for providing the requisite service.
The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
Higher oil prices, while not having an impact on Centre's revenues due to fixed tax rate, are pushing up states' sales tax revenue.
With a sub-normal monsoon looming, the government is worried about spiralling food inflation and its debilitating impact on the nascent economic recovery.
Now BSNL customers will be able to make calls using the company's mobile app 'Wings' to any phone number in the country.
Chief Information Commissioner R K Mathur rejected the contention of the ministry that details of the amount, reference numbers, dates of bills raised by Indian Air Force and Air India for the foreign visits undertaken by the Prime Minister are scattered across various records and files and collation of information in the manner sought by the appellant would involve searching of voluminous records by a significant number of officials.
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
