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.

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.

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.

Bad vacation causes more grief than buying poor-quality goods

A bad vacation can cause more grief than the purchase of poor-quality goods of equivalent price, researchers have found.

Commercial users are not consumers: National Commission

The National Consumer
Commission has held that commercial users cannot move against
service providers for any deficiency in service under the
Consumer Protection Act.

June consumer spending, pending home sales rise

US consumers spent more in June and there was positive news on the housing market, but a big drop in incomes pointed to a slow recovery from the worst recession in decades.

Oil falls below USD 67 on US consumer confidence drop

Oil prices fell below USD 67 a barrel on Wednesday in Asia as a drop in US consumer confidence and rising crude inventories painted a weak demand outlook.