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Even an 8% GDP may not bring about a quick revival in India Incs earnings. Here's why

Sep 01, 2015

Even an 8% GDP may not bring about a quick revival in India Incs earnings. Here's why

Corporates may have to patiently wait for the inflation to come under control before a very significant revival in corporate performance occurs. #Economy #Inflation #GDP #InMyOpinion #Wholesale price index #Arun Jaitley #corporate earnings #Consumer price index
Staying focused: RBI to bring down inflation to 4% by March 2018

Aug 28, 2015

Staying focused: RBI to bring down inflation to 4% by March 2018

RBI has projected consumer inflation will hit 6% by January 2016 before gradually easing to 4% in two years later #Economy #RBI #Central bank #Government #Repo rate #Consumer inflation
Onion price rise: Consumer Affairs minister Paswan blames Delhi govt for not acting against hoarders

Aug 24, 2015

Onion price rise: Consumer Affairs minister Paswan blames Delhi govt for not acting against hoarders

With onion prices rising up to Rs 80 per kg in Delhi, Union Food and Consumer Affairs Minister Ram Vilas Paswan blamed the Delhi government for not taking adequate action against hoarders #Delhi #NewsTracker #Maharashtra #Ram Vilas Paswan #Onion Prices #Food and Consumer Affairs Ministry
Warranty issue returns to haunt e-comm: Nikon warns online buyers, Flipkart files case

Aug 19, 2015

Warranty issue returns to haunt e-comm: Nikon warns online buyers, Flipkart files case

The Flipkart case (MFA 5852/2015) against Nikon India was filed on 3 August 2015 and the next hearing has been scheduled on 21 August by judge BS Patil. #Business #CompanyWatch #Karnataka High Court #Flipkart #Nikon India #Consumer advisory
NCDRC issues notice to Nestle over a Rs 640 cr suit, directs govt to test fresh samples

Aug 17, 2015

NCDRC issues notice to Nestle over a Rs 640 cr suit, directs govt to test fresh samples

The apex consumer court today issued notice to Nestle India Limited on a Rs 640-crore suit against it by the Centre for alleged unfair trade practices and other charges pertaining to Maggi noodles and directed the Government to test the samples afresh at accredited labs. #NewsTracker #Maggi #National Consumer Disputes Redressal Commission #VK Jain #Rs 640 crore
Not 'taste bhi, health bhi': Govt files Rs 640 cr suit against Nestle over Maggi 'unfair trade practices'

Aug 13, 2015

Not 'taste bhi, health bhi': Govt files Rs 640 cr suit against Nestle over Maggi 'unfair trade practices'

The government filed a class action suit against Nestle India, seeking about Rs 640 crore in damages for alleged unfair trade practices, false labelling and misleading advertisements. #NewsTracker #Nestle India #NCDRC #Class Action Suit #Consumer Affairs Ministry #Consumer Protection Act #Ban On Maggi
Disappointed with govt's unprecedented step: Nestle India

Aug 12, 2015

Disappointed with govt's unprecedented step: Nestle India

In the petition, the ministry said it is in the process of "tabulating further damages" and will seek additional damages when further facts and data emerges. #Business #CompanyWatch #Nestle India #Maggi #Consumer Affairs Ministry
Retail inflation hits multi-year low of 3.78% in July owing to cheaper food prices

Aug 12, 2015

Retail inflation hits multi-year low of 3.78% in July owing to cheaper food prices

Inflation for rural segment was 4.44 percent in July (from 6.07 percent in June) and that for urban sector was at 2.94 percent (as against 4.55 per cent in June), the data showed. #Economy #NewsTracker #Consumer price index #retail inflation #Consumer Food Price Index