ICICI Bank Receives Rs 238 Crore GST Demand Notice
ICICI Bank faces a GST demand of Rs 238 crore from tax authorities for FY 2018-19. The bank plans to appeal the order. Get the full details here.
Category : Search result: consumer demand
GST Cuts' Full Impact on FMCG Sector Still Unclear
Nearly three months after GST rate reductions, the FMCG sector awaits a significant demand boost. While auto and durables saw immediate gains, consumer goods growth remains muted. Industry leaders predict clarity in coming quarters.
Consumer Commission Orders Refund & ₹8k Compensation in Bengaluru Chit Fraud
A Bengaluru shopkeeper cheated in a Dasara chit scheme wins a legal battle. The consumer commission ordered a ₹6,600 refund with interest and ₹8,000 compensation for mental agony. Read the full story.
Festive Demand & GST Rationalisation Lift Retail Credit: Report
Retail credit in India surged in Q3 FY25, driven by festive spending and optimism around GST rationalisation. Discover the key growth sectors and economic outlook.
Micron Ends Crucial RAM Sales, AI Shift Impacts Consumers
Micron discontinues its budget-friendly Crucial brand to focus on AI, leaving Samsung & SK Hynix in control. RAM & SSD prices may surge. Full analysis inside.
Micron Ends Crucial Brand, Consumer RAM & SSD Supply to Stop
Micron is shutting down its Crucial consumer memory brand, halting RAM & SSD sales to PC users by 2026 to focus on lucrative AI data centers. This leaves Samsung & SK Hynix dominating 70% of the market. Read the full story.
Consumer Panel Orders Insurer to Settle Rs 51,000 Mediclaim
Noida's District Consumer Commission orders Reliance General Insurance to pay a policyholder's Rs 51,462 claim with interest, ruling that claims cannot be rejected on mere suspicion. Learn about the landmark decision.
Amazon Fined Rs 35,000 by Trichy Consumer Court
Trichy consumer court penalises Amazon for delivering t-shirts instead of a mini projector to a differently-abled customer. Read the full story of the legal battle and the court's order.
Power Use Falls Slightly in November Amid Milder Weather
India's electricity consumption saw a marginal decline of 0.31% in November 2024, reaching 123.4 billion units. Experts attribute this to reduced use of cooling appliances as winter sets in. Discover the latest power demand trends and future projections.
Hyderabad consumer court orders ₹1.8 lakh resort refund
Ranga Reddy consumer commission mandates holiday resort to refund ₹1.8 lakh with interest and compensation for failing to honor membership commitment. Learn your consumer rights!
Myntra ordered to refund Noida woman for lehengas
A Greater Noida woman wins a consumer case against Myntra. The company was ordered to refund Rs 7,009 with interest and pay Rs 4,000 in compensation for failing to process a return.
Vacant Posts in Consumer Commissions Hurt Trust
Unfilled positions in consumer redressal systems undermine trust as service failures evolve. Learn how vacancies impact consumer protection mechanisms and what needs urgent attention.
Post-Festive Demand Remains Strong Across India
India's consumption outlook stays positive with robust post-festive demand across categories. Consumer spending continues to grow despite inflation concerns. Read the full report.
Consumer court orders Rs 40k refund for unfair membership
Ludhiana consumer court orders Club Retreat Hospitality to refund Rs 40,000 with 9% interest for unfair trade practices. Learn how to protect your consumer rights.
India's trade deficit hits record high in October
India's trade deficit widened to a record $41.7 billion in October as gold imports tripled. Rural demand outpaces urban growth while AI adoption accelerates in enterprises.
Heat Action Plans Must Factor in Power Demand
New research reveals heatwave action plans must incorporate electricity demand management alongside health responses. Learn how India can build climate-resilient infrastructure.
Loner Consumer Economy Replaces Hermit Spending Patterns
The post-pandemic economy sees rise of solo consumers as people increasingly travel, dine and spend alone. Discover how this new economic force is transforming markets globally.
India's Top Brands Growth Slumps to 6% in 2025
India's top 75 brands face a sharp growth decline to 6% as consumer demand weakens. Experience economy brands like Taj and Zomato surge. Read the full Kantar BrandZ 2025 report analysis.
Telangana HC sets 4-week deadline for consumer forums
Telangana High Court directs state government to decide on establishing district consumer dispute redressal commissions in 23 new districts within four weeks. Read the full story.
Lab to pay Rs 25,000 for wrong Covid report
Chandigarh Consumer Commission orders diagnostic lab to pay compensation for uploading false positive Covid-19 result, causing mental agony and social stigma to Panchkula educator.
China's Consumer Slowdown Hits Longest Streak Since COVID
China's consumer spending faces its longest decline since pandemic. Retail sales growth slows for third month. What this means for global economy. Read analysis now.
LG Electronics Shares Fall 5% on Weak Q2 Results
LG Electronics India's share price fell 5% after reporting a 27.3% YoY decline in Q2 net profit. Weak consumer demand and early rains impacted performance. Read analysis.
Insurance firm to pay ₹54 lakh compensation in Chandigarh
United India Insurance ordered to pay ₹54 lakh compensation to Chandigarh family for claim denial. Consumer Commission rules in favor of policyholder's heirs. #InsuranceClaim #ConsumerRights
Odisha HC orders ₹1L compensation for defective car
In a landmark consumer protection case, the Odisha High Court has directed a car dealer to pay ₹1 lakh compensation to a customer who received a defective vehicle. Learn how the court upheld consumer rights in this significant ruling.
Salman Khan Faces Kota Court Notice Over Pan Masala Ads
Bollywood superstar Salman Khan lands in legal trouble as Kota consumer court issues notice for allegedly promoting pan masala through misleading advertisements. Get exclusive details about the case and potential consequences.
Consumer Staples Show Stable Q2 FY26 Demand: Motilal Oswal
Motilal Oswal report reveals consumer staples companies maintain stable demand in Q2 FY26, though GST implementation and monsoon patterns moderate growth trajectory. Key insights on market trends.
Luxury Housing Fatigue Hits DLF in Mumbai Market
India's luxury housing market shows signs of demand fatigue as DLF faces increased competition and slowing sales in premium segments. Discover the changing dynamics of Mumbai's real estate landscape.
India's AI Regulation: New Rules for Chatbot Accountability
India proposes groundbreaking AI regulations under Consumer Protection Act. Learn how new draft rules will hold companies accountable for chatbot failures and prevent customer service misuse.
Indian Auto Sales Surge 8% in October
India's automotive sector witnesses remarkable growth in October with Maruti Suzuki and Tata Motors recording over 8% sales surge. Discover the key factors fueling this unprecedented consumer demand.
FMCG Giants Target Digital-Savvy Rural India Markets
India's FMCG sector witnesses unprecedented digital adoption in rural areas, prompting major companies to accelerate expansion strategies and tap into the growing purchasing power of hinterland consumers.
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