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October 2023

Prof. B K Misra proposes establishment of CAI to increase demand for ayush medicines globally

Establishment of a ‘Consumer-centric Ayush Initiative’ (CAI) by the Union Ayush Ministry will support for increasing the demand for ayush medicines and therapies across India as well as in global countries, says a proposal submitted to the Ayush Ministry by Prof. Bejon Kumar Misra, founder director of the ‘Patient Safety and Access Initiative of India […]

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Ayush Ministry constitutes expert panel to look into insurance related matters

For allaying all concerns of the stakeholders of ayush systems with regard to insurance coverage, the Union Ministry of Ayush has constituted a core committee of experts under the leadership of the international consumer policy expert, Prof. Bejon Kumar Misra, to look into the issues related to insurance coverage for Ayush Systems. The government was persuaded

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RBI Policy: MPC hits pause button for 4th time, repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the monetary policy committee (MPC) has decided unanimously to keep the policy repo rate unchanged at 6.50 per cent. While announcing the policy, Das said, “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, RBI’s Monetary Policy Committee decided

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A West Bengal Consumer Panel Pulls Up BYJU’S For Unfair Trade Practices

A petitioner has alleged that his multiple requests for a refund fell on the company’s deaf ears, putting him through ‘mental harassment.’ BYJU’S has been directed to refund the course amount of INR 65,000, the cancellation charge of INR 9,498 and an additional INR 5,000 as compensation for harassment and mental agony The troubled edtech

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As Oil Prices Rise Amid Israel-Gaza War, India Says “Watching Closely”

NEW DELHI:  India, the world’s third-biggest oil importer, is watching the ongoing conflict in the Middle East closely, the country’s oil minister Hardeep Singh Puri said on Monday. Oil prices rose over $3 a barrel on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East

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Insurance companies ‘disregarding’ guidelines issued by regulator: AHPI

The Association of Healthcare Providers India (AHPI) has accused insurance companies of “unfairly” rejecting claims by patients and blatantly disregarding guidelines laid down by the Insurance Regulatory and Development Authority of India. The AHPI , which is a collective of hospitals and other healthcare providers, contended that private insurance companies have formed an “alarming cartel”.

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LPG Subsidy For Ujjwala Beneficiaries Hiked To ₹ 300

New Delhi:  The government on Wednesday raised the subsidy provided to poor women, who got free cooking gas connections under the Ujjwala Yojana, to ₹ 300 per cylinder as it looked to blunt opposition criticism of high fuel prices. The Cabinet Committee on Economic Affairs raised the subsidy from ₹ 200 per 14.2-kg cylinders for up to 12 refils

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Hyderabad: Consumer forum slaps Rs 20,000 penalty on postal department for tampering with parcel

HYDERABAD: A district consumer forum here has directed India Post to pay 20,000 as compensation to a retired IPS officer whose parcel was tampered with and articles missing. In the complaint, VK Singh submitted that he had sent articles in four packets via India Post at GPO , Hyderabad through a person named Rawoof. He

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