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CHINA CIGARETTES
Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...
Shopify to ban vapes as US authorities crack down on illegal e-cigarettes industryShopify is poised to ban all vape sales from its platform this week, responding to pressure from U.S. state attorneys general. This move ta...
India shows that forcing teens off their phones isn’t always goodThe UK's initiative to restrict social media access for individuals under 16 mimics India's stance, rooted in fears surrounding child well-...
From smoking to soccer: Hot mics at the G7 capture world leaders' chats between weighty topicsG7 leaders at the summit in Evian-les-Bains engaged in candid off-the-cuff conversations captured by hot mics, discussing sports, personal ...
Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
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 ...
How China may have made lifelong teetotaler Trump sip alcoholA video from Donald Trump's China visit has gone viral. It appears to show him sipping wine during a toast, contradicting his lifelong clai...
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
Govt imposes import curbs on parts of pocket lighters; to reduce dependence on ChinaThe government has restricted the import of parts for pocket lighters to boost domestic manufacturing and reduce dependency on Chinese impo...
Despite ban, e-cigarettes widely available at tobacco shops, sold without age verification: SurveyE-cigarettes are widely available in India despite being banned by law, according to a joint survey covering seven areas, including Delhi a...
High taxation reduces cigarette industry from 110 billion sticks to 95 billion sticks over last three yearsThe WHO report on tobacco taxation 2015 reveals that at 6.5% of per capita GDP, cigarette taxes in India are amongst the highest in the wor...
Government needs to introduce tobacco regulation to prevent trade in illegal cigarettesSales volume has declined by as much as 15 per cent in the last two quarters, with the affordable sub-65 mm length cigarettes prices having...
Assam to set up panel to study illegal trade in imported cigarettesAssam has seen an influx of cheap king-size cigarettes from Bangladesh, China and Myanmar into Assam, with Northeast has become a distribut...
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...
ITC forays into E-cigarettes segment, will be rolled out pan-India in phasesITC group has forayed into electronic cigarettes to offset shrinking sales of its conventional tobacco cigarettes due to recurrent price in...
- Contraband cigarettes market estimated at Rs 1,900 crore this year
High excise duty on cigarettes in India has resulted in the growth of contraband trade of the product with the total market estimated to re...
- Heard on the Street: ITC gains on stellar Q4
Shares of ITC were the sole gainers on the Sensex after the company reported better-than-expected fourth quarter earnings.
- 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...
- Power puff boys
Chinese officials demonstrate how old habits die hard.