Latest News on Consumer 2019
Showing of 0 - 10 from 10 results
Consumer 2019 - Total results - 10
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Jan 25, 2019
Budget 2019: CEAMA urges govt to hike customs duties on imported finished goods; seeks subsidy on locally made goods
Ahead of the interim budget, CEAMA has suggested to increase the basic customs duty on import of finished goods such as TV, AC, refrigerators and washing machines. -
Jan 24, 2019
Budget 2019: Govt to spend 6.5% more on food subsidies in FY20; hike may not be adequate to cover cost of food welfare programme
The government is set to earmark about 1.8 trillion rupees ($25.28 billion) for food subsidies next fiscal year -
Jan 23, 2019
Budget 2019: Maruti Suzuki calls for reduction in taxes on automobiles in order to create demand, develop industry
Tax on automobiles in India is higher compared to many other countries and there is a need to reduce it in order to create demand and develop the industry, Maruti Suzuki India Managing Director and Chief Executive Officer Kenichi Ayukawa said Wednesday -
Jan 23, 2019
Budget 2019: Announce accidental insurance, concessional credit for traders, CAIT asks Narendra Modi
Traders' body CAIT on Wednesday demanded an incentive package from Prime Minister Narendra Modi for traders such as accidental insurance coverage, credit at concessional rates and rationalisation of GST slabs -
Jan 23, 2019
Budget 2019: Levy lower tax rates on cashless transactions to encourage more people to use digital payment mode
While important steps have been taken to ensure NBFC funding is not affected, a lot more needs to be done to ensure NBFCs get back into the growth mode. -
Jan 10, 2019
Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers
Tokenisation is a process aimed at increasing the security and safety of payment systems by replacing the card details with a unique alternate payment ID or code termed as a ‘token'. -
Jan 09, 2019
India poised to become third-largest consumer market; spending expected to grow to $6 trillion by 2030: WEF
If realised, this would make India's consumer market the third-largest in the world, behind the US and China, -
Jan 02, 2019
From central watchdog to out-of-court settlements, Consumer Protection Bill 2018 makes big strides in consumer rights
The Consumer Protection Bill 2018 is revolutionary in the aspect that it establishes a watchdog to bust unfair trade practices, oversee violation of consumers' rights and false or misleading advertisements prejudicial to the public and consumer interests -
Dec 24, 2018
Consumer Protection Bill 2018: State machinery to take on might of traders, manufacturers if they fleece customers
The Narendra Modi government has therefore done well to junk the old Act and introduce a new Consumer Protection Bill, 2018 which received the approval of the Lok Sabha last week. -
Oct 10, 2018
Rural households present big opportunity for consumer firms says Deloitte, FICCI report
"Rural households contribute to approximately 50 percent of the GDP, 40 percent FMCG sales, 50 percent two-wheeler sales, 30 percent four-wheeler, and 45 percent telecom contribution," Deloitte, FICCI report said.