Friday, May 24, 2013

Online stock trading appeal to youth

Online stock trading intoxicated at the head of the country's youth speaking up. With the increase in notifications of new technology and business is increasing trend towards online media.

In the past two years via the Internet by young investors purchase shares - 72 per cent is sold. According to a survey by industry body ASSOCHAM extra income for young investors are using this platform. Gazette easy availability and use of technology analysts access to information is limited because of the online stock trading.

ASSOCHAM survey said that online stock trading is growing at a rate of 150 per cent annually. Internet via purchase of shares traded price has risen by more than 10 times.

ASSOCHAM secretary general DS Rawat said, "professional or non - professional employed or unemployed and the growing popularity of online stock trading. Ó Delhi ranks first in terms of online stock trading. Subsequently, Mumbai, Bangalore, Chandigarh, Kolkata, Ahmedabad and Dehradun is followed.
Here's to shop on the Internet
Uttar Pradesh in the last five years has risen substantially in the number of online shoppers. The small towns of Uttar Pradesh has increased people's interest in online shopping.

Direct and online sales of FMCG company Amway India in Uttar Pradesh in last year's turnover of Rs 141 crore. The company has stores in 12 major cities of the state and have established warehouse in 8 cities. Amway India's northern region Banerjee Usadhyksh Acint the global recession in the country, especially since the company has done well in Uttar Pradesh. According to them this time Amway 181 small cities in Uttar Pradesh has been quiet. These cities and towns are consumer purchases through the Internet.

Wednesday, May 1, 2013

Government wake up to prevent cheating in online business

New Delhi [Surendra Prasad Singh]. Through misleading advertisements selling shoddy goods to protect consumers from being cheated everyday Sleep government is now open. He amended the law to regulate online businesses have been drafted, but the draft is not satisfied by the parliamentary committee.

Consumer Protection [Amendment] Bill 2011, the Parliamentary Standing Committee looking surprised at some provisions of the draft. 'Once sold, the object will not be back "provision of the Standing Committee of Parliament is considered inappropriate. The Committee recommends mandating the return of goods sold. To purchase online, consumers have the right to return goods or complaint online. The Committee is asked to take appropriate measures in this regard.

Committee on luxury goods Muthewar said that consumers do not face the maximum retail price is cheating. Well, some places 'bar code' is being used. The country has been the computerization of the district consumer forums. There is still online complaints. It is the third largest in the world, India has become the Internet access. June 2011, 7.3 million people in the country were using the Internet. The total 2.97 million people e - business.

The district consumer forums have also proposed amendments to the Act. The district fora will be given additional powers. When the district consumer forums will also get the right to reconsider their decisions. State and central consumer has already received the right to commissions.