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Product safety laws face modernisation to better protect online shoppers

Product safety laws are to be modernised to better protect customers when shopping online and buying products such as smart devices, the Government has announced.

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Rajya Sabha passes Jan Vishwas (Amendment of Provisions) Bill, 2023 in Parliament

The Bill was first introduced in Lok Sabha on 22nd December 2022. Subsequently, it was referred to the Joint Committee of the Parliament. The Jan Vishwas (Amendment of Provisions) Bill received overwhelming support and insightful suggestions from the Members of the Committee across parties. 

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India imposes curbs on import of some laptops, tablets and computers

In its notification, the DGFT restricted import of laptops, tablets, all-in-one personal computers and ultra small form factor computers and servers. These electronics can be imported only against a valid license meant for restricted imports.

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Britain to create new regime to deal with insurance company failures 

 Regulators have already introduced rules to deal with ailing banks after global financial crisis more than a decade ago left taxpayers picking up the bill. But no such specifically tailored regime currently exists in Britain to deal with failures in the country's insurance industry, which is the fourth largest in the world.

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Tata Consumer Products Introduces Tata Simply Better Cold Pressed Oils

Tata Consumer Products (TCP), a leading name in the retail industry, uniting the diverse food and beverage interests of the Tata Group, has officially stepped into the flourishing premium segment of Cold Pressed Oils. Under its renowned brand 'Tata Simply Better,' the company is unveiling an array of 100 percent pure and unrefined cold-pressed oils.

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Centre may hike dearness allowance by 3%: What it means for government employees

The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.

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New rules demand celebrities and influencers be honest about health product promotions

In a recent development, public figures like celebrities and influencers who portray themselves as "health experts or medical advisors" are now required to include "clear explanations" whenever they talk about health-related products. This change also extends to medical professionals and fitness experts who need to disclose their certifications when they endorse products or share health advice. 

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Low income group consumers' sentiments buoyant about Indian economy, says Home Credit India study

Home Credit India, which is a part of global consumer finance provider Home Credit Group, has said that sentiments of the low income population in urban and semi-urban spaces are quite buoyant about the country's economy.

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