The Central Consumer Protection Authority, in a circular on Wednesday, said any violation of its guidelines would be met with strict legal action

The Central Bureau of Investigation (CBI) conducted raids across 67 locations in Rajasthan and Maharashtra in connection with suspicious Immediate Payment Service (IMPS) transactions worth Rs 820 crore reported at UCO Bank. The raids aimed to uncover details related to the IMPS scam, which involved wrongful posting of transactions and credited Rs 820 crore to UCO Bank accounts without debiting the originating banks. 

India’s federal election commission has fixed flaws on its website that exposed data related to citizens’ requests for information related to their voting eligibility status, local political candidates and parties, and technical details about electronic voting machines.

The Delhi High Court has ruled that ration cards cannot be considered proof of address or residence; they are issued exclusively for obtaining essential commodities under the public distribution system.

Kotak Securities: A retired non-resident Indian (NRI) in Kochi, Kerala won a consumer case against Kotak Securities, a subsidiary of Kotak Mahindra Bank after a 13 year long fight. It was being alleged that Kotak Securities' representatives traded in future and options (F&O) without authorisation of the NRI individual. Trading in F&O can constitute BankNifty, Nifty, or any other index options trading or stock future contract.

Consumer affairs department directs companies to join the Right to Repair initiative. Water purifiers companies asked to share consumable lifespan. Companies urged to address spare parts availability, warranty conditions, and repair restrictions for consumer rights.

The Department of Consumer Affairs in collaboration with the Advertising Standards Council of India conducted a stakeholder consultation meeting on "Brand Extension vs. Surrogate Advertisements – Where's the Line?

The NEET UG 2024 exam will be held on May 5, 2024, from 2 pm to 5.20 PM in India and in 14 cities outside the country in pen & paper (offline) mode.

Electric vehicles in India offer lower lifetime costs. Small passenger EVs are cost-effective. Electric buses have economic advantage. High-speed segment of electric three-wheelers require support. Heavy trucking sector's shift towards EVs is viable post-2030. EV adoption faces barriers like resale value, charging infrastructure, financing, consumer hesitations, and accessible financing.

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