CONSUMER INTEREST


Yogesh Sapkale Yogesh Sapkale 30 December 2020
Have you even wondered about the continuous onslaught of unwanted commercial communication (UCC) or spam messages and unwanted calls from telemarketers? If yes, then data shared by the telecom regulator shows that there are over 230,000 entities registered as telemarketers with 11 telecom...

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TruthInAdvertising.org 30 December 2020
As we ring in the New Year, we at TINA.org like to wring out companies and/or people whose advertising didn’t meet truth-in-advertising standards. Here’s who is on TINA.org’s 2020 list:   Snow Teeth Whitening When it snows, it snows a lot? OK, so maybe that’s a stretch. But so are...

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Moneylife Digital Team 23 December 2020
The Reserve Bank of India (RBI) has warned borrowers not to go to unauthorised digital lending platforms or mobile apps for obtaining a loan and never to share any know-your-customer (KYC) related documents with these entities. However, except for advising borrowers to file a complaint, RBI...

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TruthInAdvertising.org 22 December 2020
TruthInAdvertising (TINA.org) has filed brief in critical case concerning authority of US Federal Trade Commission (FTC).   WHAT’S UP   One of the best weapons the FTC has to use against swindlers, loan sharks, frauds and deceptive corporations is Section 13(b) of the FTC Act....

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IANS 21 December 2020
Ministry of power has introduced new rules laying down the rights of consumers, an initiative towards consumer empowerment in the power sector.   Issuing the rules, minister of state for power RK.Singh said that these shall empower the consumers of electricity. These rules emanate...

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IANS 14 December 2020
The National Anti-Profiteering Authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald's, guilty of not passing on GST (goods and services tax) rate cut benefits of over Rs7.49 crore to consumers.   Hardcastle Restaurants was operating quick service...

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Maya M 11 December 2020
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a Rs 10 lakh penalty on a builder for not complying with its earlier order to hand over possession of six flats by 2019. It also directed the builder to pay interest on the payment made by the buyers from September 2016...

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Moneylife Digital Team 10 December 2020
The ongoing pandemic has had a drastic impact on the economy and on people across the social strata. With new reforms and policies being announced regularly, a large section of people is left with uncertainty and confusion about their financial well-being. While 68% of borrowers are not aware...

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IANS 08 December 2020
In a relief for flyers, airlines have waived-off cancellation, rescheduling charges for passengers, who could not report for their flights amid the traffic disruption caused due to 'Bharat Bandh' on Tuesday.   The farmers from Punjab, Haryana and western Uttar Pradesh, who have been...

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IANS 07 December 2020
Auto fuel prices are on the upswing in the country with the pump price of petrol set to breach all-time high levels next week.   The oil marketing companies (OMCs) on Sunday increased the retail price of petrol by 28 paise per to Rs83.41 a litre in Delhi. Similarly, diesel price also...

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IANS 03 December 2020
The Centre has allowed domestic airlines to deploy up to 80 per cent of their pre-Covid flight capacity from an earlier 70 per cent, Civil Aviation Minister Hardeep Singh Puri said on Thursday.   In a tweet, Puri said: "Domestic operations recommenced with 30K passengers on 25 May &...

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Binu S Thomas 03 December 2020
Many people find it uncanny that it was almost exactly a 100 years ago that the world was last buffeted by a global pandemic. The Spanish Flu, that lasted two years from 1918, killed an estimated 50 million people. A century later we have COVID-19, which has just entered its second year, is...

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Moneylife Digital Team 02 December 2020
The honey you take every morning for well-being and as immunity booster in the fight against the COVID-19 pandemic is not as good as you thought. A study by the Centre for Science and Environment (CSE) and Down to Earth India reveals that almost all brands of honey being sold in Indian...

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IANS 02 December 2020
While Indians are the largest consumers of data, the value derived from this consumption is captured by Euro-American or Chinese media platforms.   According to a report by the Esya Centre co-authored by movie director, Shekhar Kapur, Indians are already the largest consumers of data...

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Moneylife Digital Team 27 November 2020
The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group for alleged profiteering by not passing benefits of the reduction in the Goods and Services tax (GST) to consumers in November 2017.   Quoting...

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Amitabha Banerjee Amitabha Banerjee 27 November 2020
Yes, yes, I know. EMI stands for equated monthly instalments. But that is just the definition. The real meaning is much more sinister Ever more indebted.   When I was young, being in debt was considered shameful. Before you bought anything, even a small transistor radio, you had to...

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IANS 25 November 2020
Telecom subscribers will have to prefix '0' as they call from a landline to any mobile number starting January 1, 2021.   The decision has been taken up in order to ensure adequate numbering resources for fixed line and mobile services. Telecom regulator TRAI had recommended the move...

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Amitabha Banerjee Amitabha Banerjee 17 November 2020
Credit cards are very good for me. Card issuers think that I would be good for them, too, and they keep offering me credit cards which I refuse—I have three already, and that is quite enough, thank you.   Actually, I am a bad, no, useless actually, credit card customer. This is...

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IANS 10 November 2020
Due to the impact of Covid-19, 66% consumers are expected to just visit the local market for festive shopping instead of visiting main markets in town, this Diwali.   Twenty per cent consumers are expected to visit the main market in their town for festive shopping while only 16%...

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Amitabha Banerjee Amitabha Banerjee 09 November 2020
To keep my car or to sell it – that is the question Though ‘tis much cheaper to endure and suffer The smelly and dirty online taxis But the faithful old jalopy is close to my heart I cannot bear to let it depart (With apologies to Hamlet)    Owning a car is now an...

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