Consumer 2018

Budget 2018: Disincentivise cigarette smuggling through tax policy, says farmers body

Seizure of smuggled cigarettes has doubled in the last two years indicating the increase in smuggling.

IIP growth hits 17-month high of 8.4% in November on robust manufacturing, capital goods sectors

Previous high was recorded at 8.9 percent in June, 2016, IIP growth for Oct 2017 has been revised downwards to 2 percent

Ahead of the Great India Sale, Amazon creates 6,500 temporary jobs for the sale

Locked in a battle for leadership with rival Flipkart, Amazon.in has been aggressively invested in expanding its infrastructure and delivery capabilities.

Budget 2018: Assocham seeks lower taxes, venture capital pool for electronics sector

Industry body Assocham on Wednesday recommended a weighted tax deduction of 150-200 percent on actual cost of specified components for the consumer electronics sector in the upcoming Union Budget

Budget 2018: DoT suggests cutting GST on telecom services to 12%, says union minister Manoj Sinha

The recommendation was made during the process of the Budget exercise, and the matter is with the Department of Revenue under Ministry of Finance for necessary action, Telecom Minister Manoj Sinha said in a written reply to Lok Sabha.

India's consumer confidence to remain high over next 6 months, market 'very optimistic': Mastercard survey

The Mastercard Index of Consumer Confidence measures consumer sentiments across five components: economy, employment, stock market, regular income and quality of life.

Cabinet clears new consumer protection bill; misleading ads, celebrities to be penalised

Celebrities endorsing misleading ads are also liable for fine and ban of up to three years.