يحاول ذهب - حر
Star Gazing
July 2017
|Outlook Money
The higher the star rating, better the product is what the Bureau of Energy Efficiency (BEE), would like you to believe. But, do not be blinded just by these matrix figures.
Star rating has caught consumer frenzy in every sphere—be it the app-based cab service, mutual fund schemes, insurance policies or the neighbourhood food joint. The belief that a higher rating indicates better product or service is not always true, as ratings are subjective and based on extensive data and experiences shared by people. So, about a decade ago, when the Bureau of Energy Efficiency (BEE) initiated star labelling on manufacturers of electrical goods like air conditioner, refrigerator, geyser, tubular fluorescent tube light among others, the intent was to get consumers to choose products where the power savings was high depending on the star rating of the product.
Since 2008 it is mandatory for product manufacturers of both white and brown goods to have the star ratings mentioned on their products prominently. Says Vijay Babu , Business Head, Residential Air Conditioners - LG Electronics: “For manufacturers star labelling provides an opportunity to differentiate and showcase their product excellence with the help of Star labels.” The move is commendable considering that the ratings reflect the power consumed by these goods. Considering that the cost of running an AC or refrigerator hinges on the power it consumes, it is very useful to know which product consumes more power, which in turn indicates its operational cost.
Gaining popularity
هذه القصة من طبعة July 2017 من Outlook Money.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Outlook Money
Outlook Money
Beyond Equity, Dynamic Asset Allocation is key to Emerging India
\"Long-term wealth preservation may be achieved not just by trying to earn the highest possible returns, but also by managing risk effectively.\"
2 mins
January 2026
Outlook Money
Don't Step Into The Equity SIP Illusion
SIPS are a powerful tool for wealth creation, but only if you do not give in to illusions such as SIPS always give double-digit returns
8 mins
January 2026
Outlook Money
Small Habits To Success
Good habits build you up, while bad habits pull you down. The one thing to ensure is that your habits are putting you on the path towards success. So, focus on your current trajectory
4 mins
January 2026
Outlook Money
Here's How To Add Or Change A Bank Nominee
From November 1, banks have allowed customers to name up to four nominees for accounts, deposits and lockers. Change or cancellation of a nominee must be acknowledged by the bank within three working days. Nominee details appear on passbooks, statements, and fixed deposit receipts.
1 min
January 2026
Outlook Money
An IPO To Fund Growth Without Distraction
Keertana is choosing public capital early to scale profitably and reduce dependence on repeated private rounds
2 mins
January 2026
Outlook Money
The "Choose Your Fighter" Fund for a Rotating Market
They shift between large mid and small caps as valuations, cycle signals and risk change.
2 mins
January 2026
Outlook Money
Riding On Expansion In South
India Shelter Finance Corporation is one of the fastest-growing affordable housing finance companies (HFCs) in India, catering to home buyers in tier II and III cities and towns. It operates across 15 states and Union Territories (UTs) with major presence in Rajasthan, Maharashtra and Madhya Pradesh.
2 mins
January 2026
Outlook Money
Rotate Sectors With The Cycle Not The Noise
Track signals to spot recovery or slump then shift sector exposure before consensus catches up.
2 mins
January 2026
Outlook Money
Banking On Loan Growth
ICICI Bank is among India's most structurally strong private banks, backed by consistent financial performance, superior risk management, and a well-diversified business franchise.
1 mins
January 2026
Outlook Money
Higher Margins Bode Well
Max Financial Services owns 80 per cent of Max Life, which is one of India’s largest private life insurers.
1 mins
January 2026
Translate
Change font size
