Regulators must coordinate to protect consumer rights
Mint Hyderabad|December 24, 2024
We are focusing on digital landscape, addressing emerging issues like data privacy, online advertising Pralhad Joshi Union minister of food and consumer affairs
Zia Haq

here may be a need for more coordination between regulators to ensure that consumer grievances are addressed promptly and comprehensively, Union food and consumer affairs minister Pralhad Joshi said in an interview with HT on the occasion of National Consumers' Day. Edited excerpts:

As technology is rapidly evolving in this age of AI, will protection of consumer rights need much more agility from regulators?

Indeed, the rapid pace of technological advancements presents both opportunities and challenges in protecting consumer rights. As technology evolves, so too must our regulatory frameworks. We recognize this, and are committed to adopting a forward-looking, adaptable approach. For instance, the theme of the National Consumers' Day 2024 is "virtual hearings and digital access to consumer justice".

We are increasingly focusing on the digital landscape, addressing emerging issues like e-commerce, data privacy and online advertising.

هذه القصة مأخوذة من طبعة December 24, 2024 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 24, 2024 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT HYDERABAD مشاهدة الكل
Mint Hyderabad

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Sebi Issues Circular on Share Transfer

The circular provides clarity on the rules surrounding ownership transfers in intermediary cos

time-read
1 min  |
December 28, 2024
Mint Hyderabad

UltraTech to Acquire Minority Stake in Star Cement

UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

time-read
1 min  |
December 28, 2024
Mint Hyderabad

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

time-read
1 min  |
December 28, 2024
Mint Hyderabad

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

time-read
2 mins  |
December 28, 2024
Mint Hyderabad

India's Textile Exports a Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

time-read
3 mins  |
December 28, 2024
Mint Hyderabad

The Archetypical Insider Who Guided India Towards Its Economic Potential

During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports

time-read
5 mins  |
December 28, 2024
Mint Hyderabad

A Vision

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.

time-read
1 min  |
December 28, 2024