Court ruled NCDRC's 16-yr-old decision 'appropriated' the RBI's jurisdiction. The commission had acted on a petition alleging exploitation of credit card holders.
National Consumer Disputes Redressal Commission last month cleared Nestle India in consumer complaint which accused Maggi Noodles of violating food safety norms.
Amounts to 'unfair trade practice', stated National Consumer Disputes Redressal Commission, rejected complainant demand for new car & Rs 1 crore damages for 'mental suffering'.
SC sets aside a 2016 consumer disputes redressal commission order that had reduced to Rs 50 lakh the compensation amount of Rs 88 lakh decided by Karnataka State Commission.
The NCDRC also said that insurance cannot be denied on mere presumption of a pre-existing disease or if the insured person was not taking any treatment for it.
The government is seeking damages worth Rs 640 crore from Nestle for causing harm to consumers by using unfair trade practices & false labeling for Maggi noodles.
‘The tirade against capitalism is wholly unfounded. Capitalism as it has shaped during the past quarter of a century is a far better method of developing the economic resources of any country,’ wrote DN Hosali in 1956.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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