CONSUMER INTEREST


Moneylife Digital Team 16 February 2022
In a significant order giving relief to lakhs of home-buyers, the Supreme Court (SC) has ruled that the interest of home buyers is more important than the interest of banks in cases where the developer or builder fails to repay the bank loan.    A division bench of justice MR Shah and...

Read More



IANS 16 February 2022
More than seven in 10 consumers are worried about Meta (formerly Facebook) owning the metaverse data, according to a new report.   According to the US-based Advokate Group, more than 77 per cent of those interested in joining a metaverse are worried about Facebook owning the...

Read More

Full Edition
Moneylife Online Magazine
Lead Article
REGULATIONS
Sucheta Dalal , 14-August-2022
It is over two weeks since Zee Business channel’s investigative report...

Read More



Moneylife Digital Team 14 February 2022
As many as 66% of the broadband, fibre and DSL (digital subscriber line) users in India struggle with either connection disruption issues or lower speed received than promised or paying for, shows a survey conducted by LocalCircles.   “At the same time, while 56% of broadband, fibre...

Read More



IANS 11 February 2022
As you watch Netflix's new documentary "The Tinder Swindler", which is about a notorious conman who used the dating app to defraud multiple women, reports of romance scams have hit record highs as people lost a staggering $1.3 billion to romance scams in the last five...

Read More



Moneylife Digital Team 11 February 2022
The central consumer protection authority (CCPA) has issued 15 notices to e-commerce entities, and sellers found to be selling non-standard pressure cookers online. This violates the domestic pressure cooker (quality control) order. The Union government has directed conformity to standard and...

Read More



Amitabha Banerjee Amitabha Banerjee 10 February 2022
Swap batteries, of course. Why, what did you think?   OK, let’s be serious.   Alternatives to oil are aplenty. Prime minister Narendra Modi-ji wants green hydrogen, Union minister Nitin Gadkari-ji promotes bio-fuel, Tata is making batteries.    (Unfortunately, nobody...

Read More



TruthInAdvertising.org 10 February 2022
Several products marketed as “non-drowsy” contain an ingredient that causes drowsiness, lawsuits in the US claim.   For consumers in need of cold and flu relief that doesn’t knock them out or make them feel sluggish, non-drowsy claims are, shall we say, nothing to sneeze at. But...

Read More



IANS 04 February 2022
The Delhi High Court has restrained banks and housing finance companies from taking any coercive action to recover EMIs from homebuyers over incomplete projects on a plea by a group of homebuyers.   In a recent court order, the bench of Justice Rekha Palli, while hearing a case...

Read More



IANS 04 February 2022
Metaverse does not exist yet but 522 mobile apps are already using the buzzword to gain new users and earn more money via various app stores. Non-fungible tokens (NFTs) are now the second-most mentioned term in conjunction with metaverse, a new report said on Friday.   Data from...

Read More



Kavitha Kuruganti 28 January 2022
The Food Safety Authority is back in the middle of a controversy related to its primary job—of ensuring safe and wholesome foods (for all citizens). In the name of draft regulations related to GM foods, it is apparently proposing to create such a lax regulatory regime that any genetically...

Read More



The Supreme Court on Friday ordered the real estate firm Supertech to process the refund to homebuyers, who have been affected due to the demolition of its two 40-story towers in Noida.   A bench comprising Justices D.Y. Chandrachud and Bela. M. Trivedi said Supertech should do the...

Read More



TruthInAdvertising.org 18 January 2022
Consumers have much to watch out for in terms of deceptive advertising trends in 2022. Here are five that TINA.org will be keeping an eye on this year.   Amazon’s Liability    After a cashmere industry organisation in 2019 notified Amazon of alleged fake cashmere scarves being...

Read More



The Union government's new guidelines for electric vehicle (EV) charging infrastructure now allow owners to charge their vehicles at their residences or offices using existing electricity connections.   The new 'revised consolidated guidelines and standards' for EV charging...

Read More



Moneylife Digital Team 14 January 2022
After waiting for enhanced safety standards for motor vehicles sold in India, the Union government has decided to make it compulsory from October 2022 to have six airbags for a vehicle with a capacity of up to eight passengers.   In a series of tweets, Nitin Gadkari, Union minister of...

Read More



Moneylife Digital Team 14 January 2022
BrihanMumbai Municipal Corp (BMC) has become the only municipal corporation in the world to have more than 80 citizen-based services on WhatsApp chatbot, offering services for citizens, tourists, and businesses in the city. Maharashtra Chief Minister Uddhav Thackeray on Friday virtually...

Read More



The Supreme Court has stayed the Punjab and Haryana High Court direction to OLX India to adopt a screening mechanism in connection with sellers, who could post an advertisement on the online platform.   A bench of Justices U.U. Lalit, S. Ravindra Bhat, and Bela. M. Trivedi said:...

Read More



The Supreme Court on Wednesday warned real estate company Supertech of 'consequences' over the non-payment of refund to home-buyers, who had paid for flats in two 40-storey towers which are being demolished on the court's order.   A bench of justices DY Chandrachud and AS Bopanna told...

Read More



IANS 29 December 2021
Tech giant Amazon has updated its Alexa voice assistant after it "challenged" a 10-year-old girl to touch a coin to the prongs of a half-inserted plug.   According to the BBC, the suggestion came after the girl asked Alexa for a "challenge to do".   "Plug in a...

Read More



Bernice Yeung, Michael Grabell  and   Mollie Simon (ProPublica) 28 December 2021
This story was originally published by ProPublica.   The U.S. has one agency that regulates cheese pizza and another that oversees pepperoni pizza. Efforts to fix the food safety system have stalled again and again.   For Nancy Donley, the fight for safer food started one...

Read More



Moneylife Digital Team 23 December 2021
Most consumers could not find information on the maximum retail price (MRP) and best-before dates for products on sale on e-commerce sites, according to a survey by LocalCircles, which hosts online communities on consumer issues, and tracks compliance by e-commerce sites and...

Read More

Free Helpline
Legal Credit
Feedback