The National Agricultural Cooperative Marketing Federation of India (NAFED) has begun selling onions at ₹35 per kilogram through vans in and around the city. An official of the Federation said around 120 tonnes of onions were being sold daily to help reduce the rate of the vegetable, which is being sold at ₹55-₹75 per kilogram … Read more
A public hearing held here on Wednesday on the proposals to revise electricity tariffs intermittently relapsed into shouting matches between sections of the participants, even as a general demand arose that the Kerala State Electricity Regulatory Commission (KSERC) reject the proposals which include a first-of-its-kind ‘summer tariff.’ The hearing was the fourth and final one … Read more
A recent CRISIL report revealed that the cost of a veg thali went up by 9% in a year because of soaring vegetable prices. In one year, tomatoes have become expensive by 39%, potatoes by 41% and onions by 43%. On the other hand, the average price of non-veg thali has come down by 7% in … Read more
Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter. Apple shares dropped about 2% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of … Read more
Commerce and industry minister Piyush Goyal has said that further study needs to be done on the impact of the European Union’s carbon border adjustment mechanism (CBAM) on enterprises on both sides, trade and the effect on consumers due to increased price of goods and services.The mechanism will kick in fromOctober 1 this year, when … Read more
Consumer taking note of the common EB meter in Appartment in Srirangam after the common power tariff was moved to commercial tariff. File | Photo Credit: SRINATH M Only a few months ago, Tamil Nadu had increased the tariff for a host of electricity consumers. Now, domestic consumers along with consumers from a few other … Read more
Sept. 12, 2022 — Fitness consumers are flipping demands they made 2 years ago in the darkest days of the COVID pandemic. Then, conventional wisdom told us that gyms were dying because people would rather stay home and work out than risk exposure in a fitness facility. Now, the reverse seems true, with membership sales … Read more
May 26, 2022 – When it comes to finding out about food recalls from a local grocery store, it might be worth shopping around. Some stores, like Eagle Foods and Costco, take decisive action when a food manufacturer or the FDA issues a safety alert. They text or robocall their loyalty card customers so they … Read more
Indian consumers have started opting for lower-priced packs or unbranded products of food, grocery and daily necessities as rising prices are squeezing their monthly household budgets, market researchers and company executives say. In nearly half a dozen categories including soaps, milk food drinks, edible oils and home cleaning products, consumers mostly bought either mass segment … Read more
Mumbai: The Reserve Bank of India is proposing to keep commercial banks at the centre of the digital lending universe to ensure that technology is harnessed to distribute credit to the under-banked – but not at the cost of broader financial stability and customer protection. A new law is envisaged to ban unauthorised lending and … Read more