CONSUMER ISSUES


Moneylife Digital Team 21 September 2020
The coronavirus (COVID-19) pandemic continues to expose the naked greed displayed by certain opportunistic businesses which, tragically, include some private hospitals. Healthcare workers around the world are putting their own lives at risk to save their patients, but a few private hospitals...

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IANS 21 September 2020
The Khadi and Village Industries Commission (KVIC) on Saturday said that it has forced e-commerce portals Amazon, Flipkart, Snapdeal and others to remove over 160 web links selling products under the brand name of 'Khadi'.   KVIC is a statutory corporation under the Ministry of Micro,...

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IANS 18 September 2020
Google has removed digital payments major Paytm's app from its Play Store for allegedly violating its gambling policies.   "Paytm Android app is temporarily unavailable on Google's Play Store for new downloads or updates. It will be back very soon," the company said in a tweet on...

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IANS 16 September 2020
To reinforce ATM security system, lending major State Bank of India (SBI) has extended its OTP-based cash withdrawal for Rs 10,000 and above throughout the day.   OTP-based cash withdrawal for Rs 10,000 can now be carried out throughout the day across all SBI ATMs in the country...

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Maya M 14 September 2020
While property prices are on a decline and rental rates are crashing, the Maharashtra government has announced an increase in ready reckoner (RR) rates to extract higher taxes under the guise of rationalisation.    Although RR rates for Mumbai have been reduced marginally by 0.6%, the...

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IANS 14 September 2020
The Directorate General of Civil Aviation (DGCA) on Sunday said that passengers on board a flight can take photos and videos, but cannot use any recording equipment which would create chaos, disrupt flight operations and violate safety norms.   The clarification comes after the...

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IANS 12 September 2020
The next time you don't receive an electricity bill on time or your bill-related complaint is not addressed in the earnest, you can put the discom in your area in the dock and seek compensation.   The government has unveiled the Draft Electricity (Rights is Consumers) Rules, 2020 that...

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IANS 12 September 2020
Amazon sold several items including essentials such as toilet paper and hand sanitiser at inflated rate during the Covid-19 pandemic, said a report by US-based consumer rights group Public Citizen.   Amazon set prices of products during the pandemic to levels that would be considered...

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IANS 10 September 2020
The Supreme Court on Thursday asked the Centre to consider a plea for not charging interest on interest on deferred EMIs during the moratorium period and also not downgrade the credit/asset classification of the borrowers.   A bench headed by Justice Ashok Bhushan, R Subhash Reddy and...

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IANS 10 September 2020
As part of the EASE Reforms, public sector banks (PSBs) on Wednesday launched the doorstep banking service that will bring convenience of banking services to the customers at their homes through the universal touch points of the call centre, web portal or mobile app.   The new service...

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IANS 09 September 2020
The Centre on Wednesday assured the Supreme Court that there is 'no catch' in its proposal in connection with the refund of air tickets booked for travel during the COVID-19 lock-down.   Solicitor general Tushar Mehta, representing the Centre, said there is no catch in the refund...

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ZAFAR ABBAS (IANS) 08 September 2020
Fraudsters are now cashing on the trust and goodwill of the Indian Army and paramilitary forces to cheat people online. A web is woven around potential buyers or sellers on sites such as OLX and Quikr and people are lured by either the promise of a second-hand car in good condition or any...

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Subhash Narayan (IANS) 07 September 2020
Consumers waiting for the big bang distribution sector reforms that would have allowed them to choose electricity suppliers offering the lowest tariff are in for a big disappointment.   The government has dropped the plan to break the monopoly of discoms by bringing in competition and...

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IANS 03 September 2020
Despite the renewed push for digital due to the COVID-19 pandemic, most Indian mobile banking apps, except ICICI's iMobile app, are behind the curve on functionality, says a new report from market research firm Forrester.   About 70% of Indian online adults with a bank account do...

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IANS 01 September 2020
The Supreme Court on Tuesday said the SBICap will issue funds to the tune of Rs625 crores from the SWAMIH Investment Fund for six Amrapali group projects and directed it and the court-appointed receiver to finalise the legal framework for this purpose.   A bench, headed by Justice...

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IANS 01 September 2020
The government has completely eliminated the need to provide subsidy on domestic cooking gas as the global fall in oil prices and frequent rise in LPG gas cylinder price has brought the price of the common man's fuel closer to market rates.   As of 1st September, the price of...

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IANS 01 September 2020
The finance ministry in an affidavit has informed the Supreme Court (SC) that a waiver of interest on interest during moratorium would go against the basic canons of finance, and the 6th August circular of RBI (Reserve Bank of India) permitted lenders to allow a moratorium of up to two...

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Moneylife Digital Team/ IANS 31 August 2020
Online intelligence firm Cyble had claimed that a cybercrime group demanded ransom after gaining unrestricted access to the entire databases of Paytm Mall. However, Paytm Mall had denied these claims.   According to Cyble, a group with the alias 'John Wick' was able to upload a...

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IANS 31 August 2020
The government has directed banks to refund charges, including merchant discount rate (MDR), if any, collected on UPI transactions on or after 1 January 2020.   With an aim to promote digital transactions, the Centre in December last year announced that no charges would be applicable...

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Moneylife Digital Team 26 August 2020
The Bombay High Court has restrained Emami Ltd from using 'Glow & Handsome' for its skin-care products. Glow & Handsome is the new trademark of Hindustan Unilever Ltd (HUL), which the company would be using while scrapping its earlier trademark 'Fair & Lovely'.    In the order,...

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