CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

One-fourth of business firms found cheating consumers as festive season nears: DoCSCP

CEO Tab by CEO Tab
October 13, 2023
in Prime News
0
India eyes on curbing export of basmati rice
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government in the past three weeks slapped cash fines of Rs 4.932 million on the traders who were found to be involved in market anomalies.

You might also like

Institutional Investors Defy Market Slump, Increase Stock Market Investments

Electricity Supply to Humla Headquarters Simikot Disrupted

LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

The records unveiled by the Department of Commerce, Supplies and Consumer Protection (DoCSCP) shows that the regulator collected the amount from 159 firms found breaching the laws related to consumer welfare. Most of these cases are related to the food businesses, according to the department.

The figure shows how consumers are poised to market misconduct with the approaching festive season. The DoCSCP records show that almost one-fourth of the firms were found guilty in ensuring consumers interests out of the inspection of 597 firms carried out during the review period.

Tirtharaj Chiluwal, director general of the DoCSCP, said the department has intensified joint market inspection for the past few weeks, targeting the upcoming festivals. According to him, a total of 10 market monitoring teams have been carrying out the inspection of goods divided in 23 categories.

Likewise, the department destroyed substandard foods of more than Rs 10 million during the review period.

Chiluwal said they have targeted to check the black market of edibles in particular apart from taking action against the firms selling substandard products. Recently, consumers have largely been affected by the soaring price of sugar. According to retailers, the price of sugar has gone up to Rs 150 per kg from around Rs 95 per kg in the past few days.     

Meanwhile, the department on Wednesday collected cash fines of Rs 90,000 from four valley-based shops which were found cheating consumers. These firms were carrying out transactions without issuing bills while not maintaining price lists in their outlets.   

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Institutional Investors Defy Market Slump, Increase Stock Market Investments

by CEO Tab
September 15, 2026
0
Institutional Investors Defy Market Slump, Increase Stock Market Investments

Institutional investors, including mutual funds and investment companies, are steadily expanding their presence in Nepal’s stock market despite a prolonged decline in share trading at the Nepal Stock...

Read more

Electricity Supply to Humla Headquarters Simikot Disrupted

by CEO Tab
September 6, 2026
0
Electricity Supply to Humla Headquarters Simikot Disrupted

Electricity supply to Simikot, the headquarters of Humla district, has been disrupted since Tuesday due to a technical problem at the Hildum Distribution Center of the Nepal Electricity...

Read more

LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

by CEO Tab
September 6, 2026
0
LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

Cooking gas bottlers have increased the price of liquefied petroleum gas (LPG) by Rs 105.38 per cylinder in the Kathmandu Valley, citing higher transportation costs after being forced...

Read more

NEPSE Declines 0.57 Percent as Investors Lose Rs 25 Billion in a Week

by CEO Tab
September 6, 2026
0
NEPSE Declines 0.57 Percent as Investors Lose Rs 25 Billion in a Week

The Nepal Stock Exchange (NEPSE) index declined by 14.54 points, or 0.57 percent, last week, although hydropower stocks recovered after suffering heavy losses in the previous week following...

Read more

Government Announces Relief Package for Entrepreneurs Affected by Bhotekoshi Floods

by CEO Tab
September 4, 2026
0
Government Announces Relief Package for Entrepreneurs Affected by Bhotekoshi Floods

The government has announced a comprehensive revival package for entrepreneurs affected by the devastating Bhotekoshi floods, offering customs duty exemptions, concessional loans, and loan restructuring facilities. The measures...

Read more
Next Post
Nepal trails behind many countries in 13 global indices

Nepal trails behind many countries in 13 global indices

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.