Consumer sentiment rises on hope of better biz environment

Last Updated: Monday, September 7, 2015, 14:49

The MNI India Consumer Sentiment Indicator witnessed an uptick to 119.1 in August from 118.6 in July, marking the first improvement in four months.

Law on e-commerce needed to protect online consumers: IIM study

Last Updated: Monday, September 7, 2015, 10:25

"To effectively protect a consumer buying goods or services through e-commerce would need a separate law, as other countries have," said the study conducted by IIM Ahmedabad.

Indian consumers offer a ray of hope after glum economic data

Last Updated: Tuesday, September 1, 2015, 08:28

A financial analyst, she recently received a pay rise, is eating out more often and has stopped bringing home-cooked meals to the office in a tiffin, the traditional Indian lunchbox.

Gas subsidy transfer scheme enters Guinness Book: Govt

Last Updated: Thursday, August 13, 2015, 21:30

The scheme entails giving households cash subsidy directly in their bank account so they can buy market priced cooking gas.

Cabinet okays new Consumer Protection Bill

Last Updated: Wednesday, July 29, 2015, 20:37

The Cabinet on Wednesday approved a new Consumer Protection Bill 2015 that seeks to replace a 29-year-old law and proposes to set up a regulatory authority which will have powers to recall products and initiate class class suit against defaulting companies, including e-tailers.

Cabinet likley to approve new Consumer Protection Bill today

Last Updated: Tuesday, July 28, 2015, 23:37

The Cabinet is likely to approve Wednesday a new Consumer Protection Bill 2015, that seeks to replace the existing law and proposes setting up a regulatory authority to curb unfair trade practices.

Retailers embracing big data to gauge consumer preferences

Last Updated: Sunday, July 19, 2015, 14:29

Fashion retailer Shoppers Stop also recently announced plans to go digital, changing its strategy for third time in five years.

China market rout, slowing economy sap demand for luxury cars

Last Updated: Saturday, July 11, 2015, 16:53

Prices for German luxury cars in China are tumbling as the country`s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.

Pulses prices soar past Rs 100/kg; no tenders yet for import

Last Updated: Sunday, June 21, 2015, 11:53

Consumers in Mumbai and Chennai are paying the maximum price for tur, urad and moong, followed by Delhi and Kolkata.

New York AG questions eBay, PayPal on revised user agreements: NYT

Last Updated: Thursday, June 11, 2015, 13:40

"Consumer choice and privacy preferences are protected by state and federal laws, including laws that specifically aim to stop companies from using invasive robocalls to promote products to consumers who do not wish to receive them," the newspaper quoted Melissa Grace, a spokeswoman for New York Attorney General Eric Schneiderman, as saying.

Oil prices rise on hopes for China stimulus

Last Updated: Tuesday, June 9, 2015, 10:15

Front month U.S. crude climbed 24 cents to $58.38 a barrel by 0320 GMT, after ending the previous session down 99 cents. Brent for June delivery rose 19 cents to $62.88 a barrel, having settled down 62 cents in the previous session.