All posts tagged: consumers

India’s sugar stocks adequate despite price rise, ISMA assures consumers

India’s sugar stocks adequate despite price rise, ISMA assures consumers

Published by Webster

ISMA Director General Deepak Ballani said the sharp increase in sugar prices over the past 15-20 days was driven largely by market sentiment, speculative buying and concerns over short-term supply, rather than any structural shortage. He said crop-related developments and global market conditions had also influenced prices Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Verb Launches Marketplace That Lets Consumers Sell Their Personal Data

Verb Launches Marketplace That Lets Consumers Sell Their Personal Data

Published by Webster

Companies have spent years making money from consumers’ personal data. Verb wants consumers to start setting the price themselves. Verb, a data exchange company, launched a marketplace Thursday that lets everyday people sell access to their personal data straight to companies, including the AI labs hungry for training material, Axios first reported. The pitch comes as AI companies continue to acquire data from publishers, app developers and data brokers. Verb is trying to change the role consumers play in that economy, moving them from the source of data to its sellers. “[People] will go to monetize something that for decades we’ve given away for free,” Cyrus Beschloss, Verb’s CEO and co-founder, told Axios. How the marketplace works Signing up means installing the Verb tracker on your phone, which then begins logging selected activity — think shopping habits and social media use. Users can toggle off categories they’d rather keep private, and the more data shared, the more money they can potentially make. Sellers set their own price, though Verb gives an estimate based on how …

E20 petrol saved consumers nearly ₹30 per litre during crude price spike: Govt

E20 petrol saved consumers nearly ₹30 per litre during crude price spike: Govt

Published by Parlour News

The use of E20 petrol resulted in savings of nearly ₹30 per litre for consumers at the height of the global crude oil crisis, the petroleum ministry said in an official release issued on Friday. Union minister for petroleum and natural gas Hardeep Singh Puri fills E85 fuel in a car during the during the launch of E85 fuel (a blend of 85% ethanol and 15% petrol) in New Delhi. (ANI) It also said that petrol prices in Delhi could have risen to ₹125 per litre if oil marketing companies had not mixed ethanol with petrol when global crude oil prices climbed to nearly US$135 per barrel. The clarification from the petroleum ministry comes as the Centre introduced the use of E20 petrol, which contains 20 per cent ethanol and 80 per cent petrol, a move that has faced criticism from opposition parties and consumer groups. ALSO READ | How FCI rice is driving govt’s ethanol push ₹30 per litre in savings, says govt The government said the use of E20 petrol not only helped …

Supreme Court stays CAG audit of Delhi discoms

Supreme Court stays CAG audit of Delhi discoms

Published by Webster

The Supreme Court on Friday halted a CAG audit ordered by the Delhi government of three private discoms against the backdrop of a staggering Rs 38,500 crore accumulated over the years as Regulatory Assets (RA) to be recovered from consumers. “Till further orders, there shall be a stay of the Appellate Tribunal for Electricity direction for audit,” the bench said. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

LPG domestic cylinder now costs ₹957.50 in Chennai, consumers express shock

LPG domestic cylinder now costs ₹957.50 in Chennai, consumers express shock

Published by Parlour News

Image used for representation purpose only. | Photo Credit: The Hindu With the latest ₹29 hike in the price of a cylinder of domestic liquefied petroleum gas (LPG), in Chennai, a cylinder now costs ₹ 957.50 from Sunday (June 7, 2026). The last price revision was done on March 7, when it went up by ₹60 per refill. In a span of three months it has gone up by ₹89/14.2 kg cylinder. Customers who have already booked their refills but have not received the same, will have to pay the revised rate. Their bills would be cancelled and fresh ones made. If consumers had made the payment online, they can pay the difference in the amount to the delivery boys. Consumer activist T. Sadagopan said this revision was an early morning shocker. The whole of last year, OMCs made a profit of 150% but this year they say they cannot absorb the losses, which is unfair. The poor consumers are already burdened with high petrol and diesel costs. The amount that a family spends on …

KSEB urges consumers to regulate electricity use after 6 p.m.

KSEB urges consumers to regulate electricity use after 6 p.m.

Published by Parlour News

KSEB workers engaged in maintenance work. | Photo Credit: K K Mustafah The Kerala State Electricity Board (KSEB) on Saturday urged consumers to regulate the use of electricity during the evening peak hours, stating that consumption has risen beyond expectations this summer. The State’s power transmission and distribution network is under stress owing to soaring consumption, and a few places at least are facing voltage issues, according to the power utility. Published – April 25, 2026 07:08 pm IST Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Excise duty cuts on fuel offer no real relief to consumers, claims Congress

Excise duty cuts on fuel offer no real relief to consumers, claims Congress

Published by Webster

The Congress on Friday criticised the Centre’s decision to cut excise duty on fuel, arguing that the move does not translate into any tangible relief for consumers or fuel dealers. The government recently reduced excise duty on petrol to Rs 3 per litre and completely exempted diesel from excise duty, presenting the decision as a measure to ease the burden of rising global fuel prices. However, the Congress contends that the reduction is largely symbolic and does not impact retail prices. ‘Relief Exists Only in Narrative,’ Says Pawan Khera Senior party leader Pawan Khera said that despite headlines suggesting a drop in fuel prices, there has been no actual change in what consumers pay at petrol pumps. Taking to social media, Khera remarked that people expecting relief in their daily expenses would be disappointed. He asserted that fuel prices for both dealers and end consumers remain unchanged despite the government’s announcement. Reduction Targets Oil Companies, Not Consumers Khera clarified that the cut applies primarily to the “special additional excise duty,” a levy paid by oil …

LPG, petrol supply normal, consumers must avoid panic buying: Govt

LPG, petrol supply normal, consumers must avoid panic buying: Govt

Published by Webster

The Centre on Wednesday assured that supplies of LPG, petrol, and diesel remain stable across the country, urging citizens not to engage in panic buying amid concerns triggered by global developments, reported news agency IANS. The government said no “dry-outs” have been reported at LPG distributorships or fuel stations, and deliveries are continuing as usual. No Shortage, Retail Outlets Operating Normally According to an official update, all petrol pumps and LPG distribution centres are functioning normally, with sufficient stocks available nationwide. Authorities noted that panic buying in some areas was driven by rumours, leading to temporary crowding and increased sales. However, the government reiterated that there is no disruption in supply, reported IANS. Refineries Running at Full Capacity The government said all domestic refineries are operating at high capacity with adequate crude oil inventories. Stocks of petrol and diesel are sufficient, while domestic LPG production has been ramped up to meet consumer demand, reported IANS. These measures are part of a coordinated response to ensure uninterrupted fuel availability despite global uncertainties. Partial Restoration of Commercial …

Relief to 2.22 crore power consumers in Bihar, Regulatory Commission announces no tariff hike for next FY

Relief to 2.22 crore power consumers in Bihar, Regulatory Commission announces no tariff hike for next FY

Published by Parlour News

Amid the speculation of hike in the power tariff, the regulatory body Bihar Electricity Regulatory Commission (BERC) on Wednesday announced that there will be “no tariff hike for 2026-27 across all categories” as it decided to keep the tariff rate unchanged for next financial year starting April 01. The decision will provide a big relief to the 2.22 crore power consumers in Bihar. The Commission rejected the proposal of both Discoms — North Bihar Power Distribution Company Ltd & South Bihar Power Distribution Company Ltd — for 35 paise tariff hike across categories in energy charges. A full commission comprising Chairman Amir Subhani and two members Parshuram Singh Yadav and Arun Kumar Sinha pronounced the tariff orders for financial year 2026-27 on a bunch of petitions filed by both the Discoms and other power companies like transmission company, Bihar Grid Company, SLDC and others. “The proposal of DISCOMs for an increase in energy charges by 35 paise per unit across all categories of consumers is not accepted. There will be no hike in electricity tariff …

Punjab Agro’s QR code system showcased at Investors’ Summit, lets consumers trace jaggery back to farmer | Chandigarh News

Punjab Agro’s QR code system showcased at Investors’ Summit, lets consumers trace jaggery back to farmer | Chandigarh News

Published by Parlour News

2 min readMohaliMar 14, 2026 10:04 PM IST Among the many innovation stalls at the Progressive Punjab Investors’ Summit 2026, a unique initiative by Punjab Agro Industries Corporation drew attention at the exhibition held at Plaksha University. The organisation showcased a QR code-based traceability system designed to strengthen consumer trust by allowing buyers to track the origin and production details of food products. Providing information about the initiative, Adhiraj Pathania, deputy manager at Punjab Agro, said the QR code system has been introduced to ensure transparency and authenticity in agricultural products, particularly jaggery.“This QR code-based system enables consumers to trace the product back to its source. By simply scanning the code on the package, customers can access complete information about where and how the product was produced,” Pathania explained. Using a smartphone camera or any QR scanner application, consumers can scan the code printed on a packet of Punjab Agro jaggery. Once scanned, a digital link opens on the phone displaying a detailed product profile and certification. The information includes the name of the farmer …