CONSUMER INTEREST


Moneylife Digital Team 12 April 2023
Refuting a builder's claim that delay compensation is not admissible under the law, the national consumer disputes redressal commission (NCDRC) directed Mumbai-based CCI Projects Pvt Ltd to pay delay compensation in the form of interest at 6%pa (per annum) on the deposits from the...

Read More



The Delhi High Court (HC) on Wednesday said its interim order staying the guidelines of central consumer protection authority (CCPA), that prohibit hotels and restaurants from levying service charges 'automatically or by default' on bills, shall not be shown on the menu cards or display...

Read More



Moneylife Digital Team 11 April 2023
In a significant ruling, the national consumer disputes redressal commission (NCDRC) says a patient obtaining free services from a government hospital is not a consumer. The bench also appreciated a gesture by the doctor to offer Rs2 lakh to the complainant on humanitarian grounds for the...

Read More



Moneylife Digital Team 10 April 2023
Holding Kolkata-based Woodlands Medical Centre Ltd and two doctors responsible for deficiency in service, unfair trade practice and medical negligence, the national consumer disputes redressal commission (NCDRC) asked them to pay Rs60 lakh within six weeks to the family of the deceased...

Read More



The saying ‘You can't clap with one hand’ applies perfectly to the situation where people are duped after sharing personal details with cybercriminals. In most cases of cyberfraud, the victims have invariably shared some information such as a login ID, password or one-time passcode (OTP)....

Read More



Moneylife Digital Team 08 April 2023
“When you do not need a particular loan or credit card, or you know that you can manage your life without that loan, don’t simply say yes to any enquiries or requests that come to you. Even if a loan or a credit card is not approved or sanctioned, just having a bunch of enquiries listed out...

Read More



The Reserve Bank of India (RBI) will soon put in place a process whereby people will be compensated by credit information companies (CICs) for delayed updation/rectification of credit information reports, said governor Shaktikanta Das.   Recently, the CICs were brought under the...

Read More



Moneylife Digital Team 05 April 2023
Upholding the decision of the state commission, the national consumer disputes redressal commission (NCDRC) clarified that the rate of interest mentioned by HDFC Bank Ltd in its kisan vikas patra (KVP) margin funding scheme would be the rate applicable for the duration of the scheme and not...

Read More



US pharmaceutical giant Johnson & Johnson (J&J) has proposed to pay almost US$9bn (billion) to resolve tens of thousands of lawsuits the company faces in North America over claims that its baby powder and other talc-based products cause cancer, the media reported.   The...

Read More



Moneylife Digital Team 05 April 2023
National consumer dispute redressal commission (NCDRC) has ordered Delhi-based Pioneer Urban Land and Infrastructure Land Ltd to refund Rs1.48 crore with an interest of 9%pa (per annum) to one Pankaj Thapliyal for failing to deliver possession of the apartment within stipulated...

Read More



TruthInAdvertising.org 05 April 2023
Numerous supplement companies, including Unilever’s Nutrafol, Viviscal, Zenwise and NutraPro, and other hair product companies, such as Vegamour, advertise their products as able to grow hair and prevent hair loss, in violation of FDA and FTC law. The following are some examples:  

Read More



Moneylife Digital Team 04 April 2023
A few days ago, the National Payments Corporation of India (NPCI) suggested an interchange fee of 0.5% to 1.1% for payments made via unified payments interface (UPI) to online merchants, large merchants, and small offline merchants above Rs2,000 using prepaid instruments like wallets, or...

Read More



Greed has poisoned men's souls, has barricaded the world with hate, has goose-stepped us into misery and bloodshed. We have developed speed, but we have shut ourselves in. Machinery that gives abundance has left us in want.   -The Final Speech from The Great Dictator    As the...

Read More



Seventeen passengers were left stranded at the Vijayawada international airport on Wednesday after an Air India Express flight to Kuwait took off three hours before the departure time mentioned on their tickets.   The passengers were shocked when they reported at the airport at 11am...

Read More



Moneylife Digital Team 30 March 2023
The national consumer dispute redressal commission (NCDRC) has ordered Delhi-based Sunworld Residency Pvt Ltd to refund Rs1.1 crore along with an interest of 9%pa (per annum) to a homebuyer for failing to deliver the possession of an apartment within the stipulated time.    In the...

Read More



Moneylife Digital Team 29 March 2023
While rejecting the complainant's claim of medical negligence, the national consumer disputes redressal commission (NCDRC) directed Delhi-based Max Super Specialty Hospital to pay Rs1 lakh compensation to the patient for administrative lapses.   In an order, Dr SM Kantikar (presiding...

Read More



Moneylife Digital Team 29 March 2023
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs6 lakh on Karvy Capital Ltd (KCL) and KCL's whole-time director Kedar Deshpande for multiple violations. It includes reducing the corpus of clients, termination of the agreement with the clients,...

Read More



Craig Silverman  and   Bianca Fortis (ProPublica) 29 March 2023
This story was originally published by ProPublica.   OBN, a mysterious fraudster, says he made hundreds of thousands of dollars by exploiting Instagram’s security gaps. He’s eluded Meta and law enforcement, but we followed his trail to Las Vegas.   Just after midnight on Sept....

Read More



Moneylife Digital Team 28 March 2023
Dismissing a complaint, the national consumer disputes redressal commission (NCDRC) ruled that the act of Jawaharlal Nehru Port Trust (JNPT) inviting quotations from banks seeking higher interest rates for its term deposits does not fall under the Consumer Protection Act. In this case, JNPT...

Read More



A major issue that harasses consumers in India is the pathetic manner in which know-your-customer (KYC) is done by most financial institutions and service-providers and the coercive action they initiate without proper notice. For many companies in this sector, a document resembling Aadhaar is...

Read More

Free Helpline
Legal Credit
Feedback