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CHINESE CIGARETTE CONSUMPTION
2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...- ITC Q2 results preview: PAT may grow up to 11% YoY, revenue seen 15% higher; 6 things to trackFMCG major ITC is set to announce its Q2 earnings on Thursday, with analysts projecting a net profit growth of 2%-11% year-on-year. Revenue...
- FMCG margin recovery likely in Q2 and Q3; Britannia, HUL, Nestlé among top picks: Abneesh RoyAccording to Abneesh Roy, the worst is over for most FMCG companies regarding EBITDA margins, with expectations of improvement in Q2 and Q3...
- ITC Q4 profit rises marginally, revenue beats estimatesITC Ltd reported a 0.8% YoY rise in Q4FY25 standalone profit from continuing operations at ₹4,874.71 crore, with revenue rising 9.4% to ₹18...
- China to allow overseas investors access to more sectorsChina is easing restrictions on foreign investment. The government reduced the number of restricted industries. This aims to boost the econ...
- FMCG cart likely to stay light in March quarter tooThe FMCG sector anticipates another subdued quarter due to persistent weak urban demand and elevated input costs. While rural demand shows ...
- Banks drag D-Street lower amid tariff threats; Sensex down 203 pts, Nifty below 22,950Stock Market Highlights: Indian benchmark indices ended in the red on Thursday, dragged down by losses in heavyweight banks and automaker M...
- ITC reports flat profit growth for Q1, misses estimates; revenue up 7.2%ITC’s first quarter performance exceeded street expectations with regard to revenue. While the result was declared after the market hours, ...
- ITC Q1 Preview: Cigarettes to drive earnings growth, but agri and paper remain weakITC Ltd reported a notable revenue growth for Q1 2024, primarily fueled by its cigarettes and hotels businesses. Revenue increased by 6% co...
- ITC Q4 Results: Net profit drops marginally to Rs 5,020 croreRevenue from operations went up by 1.4% at Rs 17,752.87 crore in the period under review. The company said excluding the agri-business (whi...
- Consumption demand remained subdued in Q4, rural India recovered after several quarters: ITCFMCG major ITC notes subdued Q4 consumption but rural demand recovery. Q4 profit below estimates at Rs 5,190 crore; revenue up 2% to Rs 19,...
- China or India? How to invest in the coming Asia BoomWhile it’s not necessarily a binary choice, investors are increasingly comparing the two giant Asian markets as they decide where to place ...
- Reopening trade is for real but exit IRCTC as price is right: Sandip Sabharwal“I do not see any upside in IRCTC over the next two years. People who buy at these prices might not make any money and might actually lose ...
- The ITC story: How tobacco nationalism and ownership structure landed India in a mammoth value trapLondon-based BAT has tried in the past to raise its stake and take over the cigarette maker, but local managers have seen it off using Indi...
- View: Ease regulations to make India a drone hubThe market for non-military unmanned aerial systems (UAS) — drones — in India has been marred by restrictive policy, which can stagnate thi...
- Sensex rebounds from Budget Day carnage; Nifty tops 11,700Asian Paints, Nestle India, HUL, Bajaj Auto and IndusInd Bank were the top Sensex gainers.
- Indian deities reflect their worshippers and have favourite foods tooIn Hinduism, food is used to make an even more direct link with the divine. It is thought to be the fundamental link between men and gods.
- How increased excise duty on cigarettes has made the Indian market vulnerable to Chinese brandsIn a country where about 102 billion cigarette sticks were smoked in FY15, illegal brands and cheap imports aren’t new, although they’re sp...
- China chokes as tobacco profits a tough habit to quitThe Chinese state makes billions from the industry: 911 billion yuan ($146 billion) in taxes and profits in 2014, an increase of 12 percent...
- Vast inequality simmers below surface in ChinaChina still has a long way to go because its per capita GDP is still around $4000 to $5000 (depending on how you calculate and what populat...
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