CONSUMER ISSUES


IANS 17 February 2022
Expressing its discontent with the vacancies in the tribunals, the Supreme Court on Wednesday said some 'knee-jerk' appointments were made by the Centre to fill up vacancies across the country, and the bureaucracy has been taking up the issue 'lightly].   A bench headed by Chief...

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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...

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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...

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Moneylife Digital Team 15 February 2022
The burden of inflation varies across different income groups, as does the share of spending on food, fuel and core categories across classes. While the urban poor remained the worst affected, inflation is also catching up fast in the rural areas, says a research note.   In the...

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IANS 15 February 2022
The tussle between the Advertising Standards Council of India (ASCI) and EaseMyTrip over a 'misleading' consumer advertisement has reached its nadir as the leading travel platform has now filed a lawsuit against the advertising industry's self-regulatory body.   ASCI alleged in its...

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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...

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Moneylife Digital Team 12 February 2022
Rahul Bajaj, former chairman of Bajaj Auto Ltd, and one of India’s best known and highly regarded industrialists passed away on Saturday after a brief illness. He was 83. Mr Bajaj, who also served as member of Parliament (MP) in the Rajya Sabha during 2006 to 2010, was known for his courage...

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IANS 12 February 2022
The Supreme Court on Friday held that an insurance company cannot reject a claim on the basis that there was a delay in communicating the theft of a vehicle to it.   A bench of Justices Sanjiv Khanna and Bela M. Trivedi said: "When the complainant had lodged the FIR immediately after...

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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...

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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...

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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...

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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...

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Moneylife Digital Team 09 February 2022
Since FY19-20, Rs58,188.53 crore were collected as user fee at the toll plazas of the National Highways Authority of India (NHAI), the Union government told the Rajya Sabha. Further, since January 2020, about 1.25mn (million) users have received refunds for incorrect deductions by...

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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...

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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...

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IANS 04 February 2022
Six Indian call centre companies and their directors have been charged by US authorities in an alleged conspiracy to defraud Americans by posing as officials from the government pension system and the tax agency in tens of millions of phone calls.   Announcing the charges filed in an...

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Nandkumar Saravade 03 February 2022
The Ken, an online publication, recently did a story about unified payment interface (UPI) frauds Quoting an anonymous senior government official, it claimed that not only were reported monthly frauds about 80,000 but that the actual number is five times that figure. The losses to victims, it...

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IANS 03 February 2022
The Competition Commission of India (CCI) on Wednesday said it has imposed penalties of Rs425.53 crore on Apollo Tyres, Rs622.09 crore on MRF, Rs252.16 crore on CEAT, Rs309.95 crore on JK Tyre and Rs178.33 crore on Birla Tyres for indulging in cartelisation.   Beside, the fair market...

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Moneylife Digital Team 01 February 2022
Mobile phone users in India, who are eagerly waiting for the fifth generation (5G) telecom network, the wait only got longer till March next year. The spectrum auction, necessary for 5G, would be conducted in 2022 so that telecom services-providers can roll out 5G services by March 2023....

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IANS 01 February 2022
There have been a host of changes in Customs duty on several items in the Union Budget for 2022-23.   This would mean that imports become more expensive or cheaper usually depending on the change in customs duties.   On the customs duties that have gone up, in the edible oils...

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