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CIGARETTE CONSUMPTION
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- People obsessed with diet coke aren’t just chasing taste as studies show your brain may be playing a trickDiet coke obsession: People obsessed with Diet Coke are not just driven by taste, but also by how the brain responds to it. Even though the...
- Psychology says people who spend hours each evening on social media aren't undisciplined or passively bored; they're caught in a feedback loop designed specifically to feel like socializingSocial media platforms, designed for connection, may paradoxically fuel loneliness through passive consumption and parasocial interactions....
- 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 ...
- Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
- ITC Q4 results: After margin surprise, all eyes now on cigarette tax impact, says Gaurang ShahITC Limited reported a steady March quarter. Strong operating margins were a key positive. EBITDA margins exceeded expectations. The compan...
- ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...
- Anbumani Ramadoss, who banned public smoking during UPA govt, asks PM Modi to bar cigarette sales to those born after 2009PMK leader Anbumani Ramadoss has urged Prime Minister Narendra Modi to enact legislation prohibiting cigarette sales to individuals born af...
- Quitting tobacco could give economic boost to over 20.5 million households in IndiaImagine a future where millions of Indian families break free from the grasp of tobacco, climbing up the economic ladder. The most disadvan...
- GST at 40%: Cigarettes turn into India’s costliest status markerSmoking is now a sign of wealth in India. Higher taxes make cigarettes expensive. This makes lighting up a cigarette a display of disposabl...
- Budget 2024: Stable taxation to improve cigarette volumesBREAKING: Union Budget for 2024-25 keeps cigarette prices stable! Smokers rejoice as taxes remain unchanged. Analysts predict positive impa...
- Budget keeps cigarette taxes untouched for second year in a rowICICIdirect analyst Sanjay Manyal said the stable taxation and excise duties on cigarettes would aid volume growth for cigarette companies ...
- Tobacco rules must not discriminate against cigarettes: ITCThe Kolkata-based firm said taxes on cigarettes have "increased by more than 200 per cent in last few years" which has resulted in smugglin...
- Smoking dips 10% in 2 years in India but women smokers up sharplySmoking in India is falling steadily even as the number of women smokers is rising, making it home to the second largest number of female s...
- Hiccups at home fuel cigarette exports over 36%During the nine-months period ended December 2014, a growth of over 39% compared with Rs 790 crore registered in the same period of previou...
- Cigarettes consumption up in 2011-12: GovtThere is no proposal to put a ban on production and export of tobacco products, including cigarettes.
- Budget 2013: Cigarettes, cigars to become costlier by 15%As per Budget proposal, prices of entry-level smaller cigarettes, which are of the sub-65 mm length, will remain unchanged.
- Cigarette consumption up by 4.19% in the year 2011-12Domestic consumption of cigarettes in 2011-12 increased by 4.19 per cent to 1,16,166 million sticks over the previous year, Jyotiraditya Sc...
- Contraband cigarette market in India estimated at Rs 1,700 cr'Extremely high' excise duty on cigarettes in India has increased the incentives for contraband trade in the country, estimated at Rs 1,700...
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