Consumer

US consumer confidence drops to five-month low on job market worries

The Conference Board's report showed the share of consumers saying jobs were plentiful declined to the lowest level since February 2021

Expert lessons from a marketing pro

In this Manager’s Mantra episode, Ashish Tiwari shares his rich experience in marketing that spans across sectors. His suggestions can help you land into your dream marketing job

Industry will pass on GST benefits to consumers, says Piyush Goyal

Commerce Minister Piyush Goyal confirms that industries will pass on the benefits of GST rate reductions to consumers and discusses plans to boost exports amid US tariff challenges

AI PCs, growth & Asus India’s big bet: Arnold Su, VP, Consumer & Gaming PCs, ASUS India

In this episode of Tech Talk, host Pranjal Sharma sits down with Arnold Su, VP of Consumer & Gaming PCs at ASUS India, to discuss the rise of AI-powered PCs, India’s growing tech opportunities, >

Plea in SC seeks 'right to know' on product quality, seller details

A petition has been filed in the Supreme Court seeking to declare that consumers have a "right to know" about the quality, purity and certification of products, besides details of distributors and sellers for redressal against unfair restrictive trade practices. It has also sought directions to the Centre and the states to ensure that every distributor, trader and shop owner displays details of registration, including name, address, phone number and number of employees at the entry gate in bold letters on a display board visible to people. The plea is slated to come up for hearing on July 21 before a bench of Justices Vikram Nath and Sandeep Mehta. The petition filed by petitioner Ashwini Kumar Upadhyay said "right to know" was crucial for consumers to make informed choices and to protect themselves from unfair or restrictive trade practices and unscrupulous exploitation. "Right to know helps consumers avoid falling prey to a fraudulent or deceptive distributor, dealer, trader, sel

PM Modi's 'make in India' strikes emotional chord with the consumers

The survey shows that 58 per cent of the respondents in China want to buy local products in Q2 of 2025. This has gone up sharply by 7 per cent over the previous quarter

Our model is built on recruiting consumers into our products: Krishnakumar

We have been trying out all the categories that are possible in consumer business, be it food, beverages, impulse foods and home and personal care, said T Krishnakumar, director at RCPL

Consumer rights body issues guidelines for online sale of walkie-talkies

Central Consumer Protection Authority earlier sent 13 notices to various ecommerce companies for selling radio equipment, including walkie-talkies, without 'regulatory compliance'

Indian consumer rapidly evolving due to aspirations, tech: HUL chief

'New dynamics a significant opportunity' for FMCG sector, says Nitin Paranjpe

India's consumer, retail deal volumes surge to 3-yr high: Grant Thornton

The sector closed 139 deals worth $3.8 billion, marking a 65 per cent surge in volume and a 29 per cent rise in value over the previous quarter

India's private consumption almost doubles to $2.1 trn in 2024: Report

India's private consumption has almost doubled to USD 2.1 trillion in 2024 from USD 1 trillion in 2013, growing at 7.2 per cent CAGR, faster than the US, China and Germany, according to a report. On course to become the world's third-largest consumer market by 2026, India is well-positioned to reap the benefits of a demographic dividend, said the report titled 'India's changing discretionary spending: Key insights for brands' launched by Deloitte India with Retailers Association of India on Thursday. "Surpassing Germany, India's private consumption has almost doubled to USD 2.1 trillion in 2024 from USD 1 trillion in 2013, and during 2013-23, India's consumption grew at 7.2 per cent CAGR, faster than China, the US and Germany," it said. By 2030, the report said, "The number of Indians earning over USD 10,000 annually is expected to nearly triple, increasing from 60 million in 2024 to 165 million. This reflects the significant growth of the country's middle class and a fundamental ..

Consumer affairs ministry to issue guidelines to curb pesky calls, messages

Consumer Affairs Secretary Nidhi Khare on Friday said the department will soon issue guidelines for the prevention of spam calls and messages to safeguard consumers' interests. In June, the Department of Consumer Affairs came out with draft guidelines to address the issue of pesky/promotional or unsolicited commercial calls received by consumers. "The Department of Consumer Affairs had started working on prevention of pesky calls, and we had to engage with all the stakeholders in this," Khare told reporters on the sidelines of a CII event here. The Department of Telecommunications was also coming out with rules, he said, adding, "we slowed down because we wanted to actually give the sector regulator full powers". The secretary further said the telecom industry wants certain guidelines to be put out for safeguarding consumers' interest under the Consumer Protection Act. "We are working on it, and very soon we will come out with the guidelines for prevention of pesky calls," Khare .

CCPA to bring out guidelines for diamond sector in consumer interest

Industry consensus at the meeting emphasised the need for ethical marketing practices and consistent terminology to enhance consumer protection

Evaluating corporate results: Don't confuse sales data with consumer trends

Evaluating corporate results through the lens of factors affecting consumer demand makes more sense than the reverse

CCPA sends notices to several quick commerce cos over disclosure violations

Consumer protection regulator CCPA has issued notices to several quick commerce companies for failing to comply with mandatory product disclosure requirements, a top official said on Tuesday. The Central Consumer Protection Authority (CCPA) has given the companies 15 days to respond to the notices, CCPA Chief Commissioner Nidhi Khare told PTI, declining to name specific firms involved. The notices have been issued to "three to four" quick commerce companies for violations related to packaged product disclosures mandated under the Legal Metrology Act, said Khare, who also serves as the Consumer Affairs Secretary. The law requires online and offline retailers to display key product information, including maximum retail price, expiration date, weight, manufacturer details, and consumer grievance addresses on packaged goods. Quick commerce, which offers ultra-fast delivery of groceries and daily essentials, has gained significant traction in India's major cities, attracting consumers a

Govt issues guidelines to prohibit greenwashing, misleading green claims

The government on Tuesday unveiled comprehensive guidelines to regulate greenwashing and misleading environmental claims by companies, aiming to protect consumers and promote transparency in eco-friendly marketing. Greenwashing refers to claims by companies about any product or service having climate-friendly impact. The new guidelines, issued by the consumer affairs ministry, aim to ensure that eco-friendly assertions are backed by verifiable evidence and clear disclosures. Briefing media, Consumer Affairs Secretary Nidhi Khare emphasized that the guidelines do not prohibit environmental claims but seek to ensure they are made with integrity and transparency. "The claims have to be supported by verifiable evidence and independent studies," the secretary said. For instance, terms like '100% eco-friendly', 'zero emissions', and 'cruelty-free' must now be substantiated with accurate and accessible qualifiers. The guidelines provide definitions for 'greenwashing' and 'environmental

Consumer Affairs Ministry examining quick commerce competition issues

Commerce and Industry Minister Piyush Goyal had said in August that the government is not opposed to e-commerce but is focused on ensuring fair competition between online and offline businesses

GST Council meeting: E-invoice mandate may soon cover B2C transactions

Pilot run on voluntary basis for selective sectors

Indian gold industry forms new body to foster consumer, govt confidence

The Indian gold industry on Tuesday announced the formation of the Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory organisation (SRO) supported by the World Gold Council. The organisation aims to remove the trust deficit and enhance transparency within the sector. The framework for IAGES will be independently governed and professionally managed. It will be released soon, after which memberships will be announced. The organisation is expected to become operational by December this year or January 2025, WGC Regional CEO, India, Sachin Jain told PTI. IAGES will be formed by national industry associations, including the Indian Bullion and Jewellers Association (IBJA), All India Gems and Jewellery Council of India (GJC) and Gem and Jewellery Export Promotion Council (GJEPC). "IAGES, created by the Indian gold industry, represents the coming together of various stakeholders in the sector. It aims to increase consumer and government confidence by enhancing

B2B to C: How InMobi is transforming itself into a consumer tech company

The firm has 400 million phones/customers across the world who have Glance