CONSUMER INTEREST


IANS 23 January 2020
Fuel prices dipped further on Thursday after slump in international crude oil rates following the outbreak of coronavirus in China. The price of petrol was cut by 17 paise and that of diesel by 19 paise a litre across all major cities on Thursday.   The petrol now costs Rs 74.65 a...

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Maya M 22 January 2020
In what is being hailed as a pro-home-buyer move, the Bar Association of MahaRERA has given home-buyers a reason to smile. People struggling with issues against developers will be provided free legal consultancy and represention before tribunal by lawyers registered with MahaRERA. The...

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TruthInAdvertising.org 21 January 2020
The largest retailer in the world isn't just turning a blind eye to the deceptive marketing of these products.   Imagine the things you could accomplish in 2020 with a higher functioning brain, one that remembers more quickly, drowns out distractions for improved focus and even sparks...

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Sameer Hegde 20 January 2020
With the upcoming statutory year end, auditors all over India are going to swoop into managers' cabins, and invariably be guests that are here to stay. Written by an audit intern, part of the frontline workers at every audit firm, this humorous piece seeks to highlight some common causes for...

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IANS 20 January 2020
Noida-based Neha Chandra had a shock of her life when, on a New Year vacation to Paris, got her wallet stolen in the Metro and within 15-20 minutes, hackers stole over Rs 1.5 lakh from her debit and credit cards without any OTP or PIN.   The three fraudulent transactions -- two on her...

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Moneylife Digital Team 17 January 2020
Ordinary people, who hope to invest their hard-earned savings safely, need to focus, first on avoiding losses and then ensuring that they earn a decent return. The key to this is to say a firm no to a vast array of financial products that are hard-sold to us by financial...

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Moneylife Digital Team 16 January 2020
The Insurance Regulatory and Development Authority of India (IRDAI) while trying to act tough on violations of its guidelines on Motor Insurance Service Provider (MISP) continue to allow insurance brokers with miniscule penalty. In recent order, the IRDAI has levied a penalty of just Rs3...

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Moneylife Digital Team 15 January 2020
The Reserve Bank of India (RBI) on Wednesday asked all banks and card issuers to enhance security of card transactions and provide more options to protect debit and credit card customers from unauthorised transactions.   This includes, limiting usage of debit and credit cards in India...

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It is neither unusual nor surprising to come across cases involving harassment of property buyers at the hands of unscrupulous developers. They, often, go to any length to deny customers their rights.    In a recent appeal, the National Consumer Disputes Redressal Commission (NCDRC),...

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Moneylife Digital Team 14 January 2020
In a major breakthrough for consumers, the insurance behemoth, Life Insurance Corp of India (LIC), paid up Rs26.67 lakhs, which was the entire money owned to a Jeevan Saral policy holder, when the Maharashtra State Consumer Commission issued a summons to its chairman.    Noted...

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IANS 14 January 2020
The Supreme Court on Monday formed a four-member committee to accelerate the auction of the assets of defunct Amrapali group to generate funds for incomplete housing projects. The committee includes two forensic auditors.   A bench of Justices Arun Mishra and U.U. Lalit formed the...

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IANS 14 January 2020
The Competition Commission of India (CCI) has launched an investigation to find out if the exclusive arrangements, deep discounting and preferential listing by e-commerce marketplaces like Amazon and Flipkart for mobile phones are causing an adverse effect on competition.   The CCI on...

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IANS 13 January 2020
More than 50 privacy groups including American Civil Liberties Union (ACLU) and UK-based Privacy International have called on Google and Alphabet CEO Sundar Pichai to take action against pre-installed 'bloatware' on Android devices as they pose security risk to customers.   "Android...

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Moneylife Digital Team 10 January 2020
The Insurance Regulatory and Development Authority of India (IRDAI) has levied a penalty of just Rs3 crore on Toyota Tsusho lnsurance Broker India Pvt Ltd (TTIBIL) for serious violations of its guidelines on Motor Insurance Service Provider (MISP). The order from the regulator, however,...

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Maya M 10 January 2020
Kerala, often described as Gods own country with highest literacy and huge investment by non-resident Indians (NRIs) in real estate, has finally set up the Real Estate Regulatory Authority (RERA) in the state. On 1 January 2020, state chief minister Pinarayi Vijayan inaugurated Kerala RERA...

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Moneylife Digital Team 09 January 2020
The Competition Commission of India (CCI), in a report released on Wednesday, has suggested that e-commerce players or online marketplaces like Flipkart and Amazon, among others, should come up with clear and transparent policies on discounts provided on products on their platforms,...

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IANS 08 January 2020
Taking on Airtel, Reliance Jio on Wednesday announced the availability of nation-wide Voice and Video over Wi-Fi service which will work on any Wi-Fi, anywhere in India and supports over 150 handset models.   The service makes crystal-clear voice and video calls through Wi-Fi at no...

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TruthInAdvertising.org 08 January 2020
Consumers have a lot to watch out for in terms of deceptive advertising trends in 2020.   Here are five TINA.org will be keeping an eye on in the new year.   CGI (Computer-Generated Imagery) Influencers     In its Endorsement Guides for social media...

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Moneylife Digital Team 03 January 2020
As many as 35% citizens do not trust the pathology lab they use, while majority want the government to cancel licenses of these labs if they are found giving incentives to doctors, says a survey report from LocalCircles.   As per the survey, 66% of respondent say their doctor has...

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IANS 03 January 2020
On the New Year's eve, 11-year-old Saisha who lives in a society in Noida's Sector 143 wanted to savour a Black Forest cake. Swiggy was dialed in and an order was made from a nearby cake shop with an extensive, mouth-watering menu. After half an hour or so, an apologetic call came from a...

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