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Showing posts with the label Consumer protection act2019

Demystifying Basic Stock Market Terms

The stock market can be a complex and intimidating place, especially for beginners. There are many terms and concepts that can be confusing, making it difficult to understand how things work. This blog post aims to demystify some of the most basic stock market terms, so you can feel more confident navigating the investment world. 1. P/E Ratio (Price-to-Earnings Ratio) The P/E ratio is a metric used to compare a company's stock price to its earnings per share (EPS). It essentially tells you how much you are paying for each rupee of a company's earnings. A higher P/E ratio can indicate that a stock is more expensive relative to its earnings, while a lower P/E ratio can indicate that a stock is cheaper. However, it is important to remember that the P/E ratio is just one factor to consider when evaluating a stock, and it should be compared to similar companies within the same industry. 2. Dividends Dividends are a portion of a company's profits that are paid out to its sharehol

A Case Study on the Power of Consumer Protection Act, 2019

Introduction:- The Consumer Protection Act, 2019 is a legislation passed by the Indian Parliament to replace the previous Consumer Protection Act, 1986. The new Act came into effect from July 20, 2020. The Act aims to protect the rights and interests of consumers by providing a strong legal framework for consumer protection. The Consumer Protection Act, 2019 defines a consumer as any person who: Buys any goods for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment. Hires or avails of any services for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment. Uses the goods or services with the approval of the buyer or hirer or availer. In other words, a consumer is someone who purchases goods or services for personal use or consumption and not for resale or commercial purposes. The Act provides protection to consumers against unfair trade practic