Page 5 - Consumer

Why using CPI for REER calculation has been self-destructive for India

Given its stage and uncompetitive infrastructure, India's approach has been largely naïve or self-destructive

Quality standards for gig, shared economy players soon: top govt officials

Indian Bureau of Standards also mulling adoption of ISO benchmarks; need for standardisation also arises from increasing number of complaints received by consumer affairs ministry lately

Amazon announces Doug Herrington as CEO of worldwide consumer business

Tech giant Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company's Worldwide Amazon Stores business, formerly known as "Consumer"

How social commerce is affecting consumer behaviour

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Festive season holds hope for consumer appliances, auto cos after 2-yr lull

The harvest season, which marks the beginning of the New Year, is expected to spruce up sales

Australian watchdog sues Meta over scam celebrity crypto ads on FB

The Australian consumer watchdog has filed a lawsuit against Meta, saying that the social network allegedly engaged in false, misleading or deceptive conduct by publishing scam advertisements

Web 3.0: This version is new, more open, and decentralises the internet

In contrast, the Web3 world is envisioned as a decentralised internet which is permissionless and democratic

Gold prices rise as US consumer prices boost its allure against inflation

US gold futures rose 0.6 per cent to $1,786.90

Roposo joins hand with Ekta Kapoor to launch EK, a creator consumer brand

It's the first creator-led brand launched by Roposo since it entered video-led live commerce; in the coming year it plans to launch 10,000 creator led brands that can also be leveraged on Glance

Pre-owned car industry needs regulation to protect consumer interest: study

At present, there are no regulatory provisions for intermediaries though they trade the pre-owned car multiple times before it is eventually registered in the ultimate owner's name

Flipkart launches programme to find D2C brands and enable funding for them

The D2C (direct to consumer) sector in India is currently worth $44.6 billion (end of FY 2021) and is expected to be worth $100 billion by 2025.

Indian consumer shifting to digital financial services: Rajiv Kumar

India is seeing an increasing digitization of financial services, with consumers shifting from cash to cards, wallets, apps, and UPI, Niti Aayog Vice-Chairman Rajiv Kumar said on Monday

Centre, states need to talk to ease load on consumer: FM on fuel price hike

On a separate note, Sitharaman says govt's intent is not to shut down PSUs but it wants pvt sector to infuse more capital and bring operational efficiency

Persuade consumers pay bills as UP power runs loses of Rs 90K-cr: Minister

With the UP power corporation running into losses to the tune of a whopping Rs 90,000 crore, state Power Minister Shrikant Sharma asked officials to persuade consumers to pay their pending bills.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Stricter lockdown in the north pulls summer consumer sales down further

Many manufacturers from the region, which contributes 40% to the consumer goods market, have had to redraw their yearly targets

Self-employed can also be a consumer

Interpreting the various rulings of the Apex Court, the National Commission concluded that a person engaged in commercial activities on a significant scale to make a profit would not be a consumer

Unlocking trapped value: Sanofi mulls $30 bn consumer business spinoff

All businesses are undergoing thorough reviews at the moment, according to the Paris-based company.

Govt scraps NSO's consumer expenditure survey over 'data quality'

The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18

Millennials redefining the consumer story in India, says report

Savings account for 10 per cent of the overall or any incremental income