Categories
Economy

Protectionist Sitharaman claims competition is anti-consumer

Her deputy Anurag Singh Thakur, however, tried to balance the discourse by speaking against businesses that expect a protectionist state

Categories
Business

Consumer protection enhanced; companies, celebrities, beware

The Consumer Protection Bill 2019, already passed by Lok Sabha, was approved in the Upper House by voice vote; it will replace the 1986 law

Categories
Business

‘Zomato food an issue, carrier may matter, but what if the story is a marketing gimmick?’

The Zomato story is not as simple as it seems to be, as sensitivities about food involve both the cook and the carrier even though none would know who farmed it

Categories
Editorial

Protect Consumers If You’re Democratic Protectionists

While President Donald Trump seeks to protect American businessmen and Prime Minister Narendra Modi guards their Indian counterparts, shed a tear for the more populous yet choiceless consumers in either country

Categories
Economy

प्रत्यक्ष विदेशी निवेश वृद्धि 2017-18 में पांच साल के निचले स्तर पर

नई दिल्ली— देश में प्रत्यक्ष विदेशी निवेश (एफडीआई) की वृद्धि दर पांच साल के निचले स्तर पर आ गई है। वर्ष 2017-18 में एफडीआई प्रवाह तीन प्रतिशत की दर से बढ़कर 44.85 अरब डॉलर रहा है। औद्योगिक नीति एवं संवर्द्धन विभाग के नवीनतम आंकड़ों के अनुसार 2017-18 में एफडीआई प्रवाह मात्र तीन प्रतिशत बढ़कर 44.85 […]

Categories
Economy

FMCG firms slash prices post GST reduction

Delhi: FMCG companies, including ITC, Dabur, HUL and Marico, today said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers. The companies said they will extend the price reduction to other categories, which have also seen tax rate cuts. The development comes a day after the […]

Categories
Economy

2k+ visitors register grievances at Consumer Mela

New Delhi: The Consumer Mela organized by the Department of Consumer Affairs yesterday at Central Park, Connaught Place, New Delhi, generated enough enthusiasm among the consumers. More than 2,000 visitors thronged the carnival to register their grievances or for counseling. The National Consumer Helpline stall registered more than 200 visitors. State Bank of India reported that […]

Categories
Economy

100 % digitisation of ration cards to be achieved soon

  New Delhi: The government has achieved significant mile stones in the reforms of PDS by making it more transparent and leak proof during last 19 months. Number of States providing Rs 2/kg wheat and Rs3/kg rice has increased to 25 from 11 during last year and it is likely to be implemented in all […]

Categories
Business

Ethics pay in business, too: Survey

New York City — If you’ve seen the 1980s movie Wall Street, you may recall Gordon Gekko saying, “Greed is good.” He may have been a bit shortsighted. Times are changing and so are people’s attitudes about corporate America. In fact, a recent survey conducted by the insurance company Aflac suggests Gekko’s days are numbered. […]