Except for rich, Americans` incomes fell last year

Most Americans` incomes continued to fall last year, but the richest 20 percent saw theirs rise, a new Labor Department report showed Thursday.

Patience and foresight can help you save money
Patience and foresight can help you save money

People who find it hard to save money are often impatient and do not think about the long-term consequences of spending money, suggests a new research.

India's consumer spending likely to improve: Report

With reinforcing sentiment on job security and income recovering, consumer spending in India is likely to improve in coming few months, a study said.

US consumer spending falls in December

US consumer spending fell in December in the midst of the key year-end holiday shopping season, while their incomes continued to grow, Commerce Department data released Monday showed.

Breaking with tradition, Philips splits off lighting

Philips, the Dutch conglomerate that started life making light bulbs 123 years ago, is splitting off its lighting business in a bold step to expand its higher-margin healthcare and consumer divisions.

New cocktail calculator tells alcohol content of your drink

Researchers have developed a new cocktail calculator that can help drinkers better understand the units of alcohol that they are consuming in different beverages.

Sequoia Capital says raises $530 million India-focused fund

Sequoia Capital, best known for its early-stage investments in companies such as Google Inc , has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement on Friday.

SE Asia palm oil problems could hit consumers worldwide

Southeast Asia`s booming palm oil industry is facing a double blow from a recent drought and a possible El Nino weather phenomenon later this year.

Spice Mobiles asked to pay Rs 15,000 for defective handset

A consumer forum has asked Spice Mobiles Ltd to pay Rs 15,000 as compensation to a man for selling him a "defective" handset.

Consumer protection system to be strengthened: Govt

Government on Tuesday informed the Lok Sabha that in order to safeguard consumers, it proposed to amend the Consumer Protection Act.

Govt to spend Rs 90 lakh on consumer interest

The government will spend Rs 90
lakh on a project, to
promote and protect the interest of consumers against
unethical trade practices.

Bank should inform consumer before blocking card

A bank is bound to inform the
consumer well in advance before blocking his credit card.

Survey says: Consumer satisfaction with PCs rises

Consumers are as happy as they`ve ever been with their PCs, and those with Apple PCs are most pleased.

Consumer not liable to pay previous owner`s power dues: SC

A consumer cannot be compelled
by the State Electricity Board to clear the dues of the
previous owner of the premises he has purchased in an auction.

Consumer Comm raps Coke for unfair trade practice

The National Consumer Commission
today rapped beverage giant Coca Cola for a promotional scheme
launched by it in 1998 which had resulted in deficiency in
service and unfair trade practice.

Auctioned prop not under Consumer Protection Act

A buyer of an auctioned property
cannot take the benefit of the Consumer Protection Act
complaining against deficiency in service, a Delhi State
Consumer Commission has said.

‘No relief to policy holder for non-disclosure’

National Consumer Commission has upheld the rejection of a mediclaim of person, who suffered a heart attack within a week of taking an insurance policy, saying he failed to disclose the past history of the disease to the company.

Over 50% consumers will be in mobile banking ambit by 2015

With the Reserve Bank hiking the mobile banking transaction limit to Rs 50,000, more than 50 percent of bank account holders are expected to come under this platform by 2015, a leading service provider said.

Govt seeks public opinion on draft consumer policy

The government has formulated a
draft national consumer policy with an aim to ensure that
goods, services and technology are available to the consumers
at reasonable prices and good quality.

US Consumer borrowing falls for 9th straight month

Americans borrowed less for a record ninth straight month in October, another sign that consumer spending will remain weak, making it harder for the economy to mount a sustained rebound.