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EXCISE DUTY ON TOBACCO PRODUCTS
PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
- India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh KantIndia navigated a severe global energy crisis with remarkable success, ensuring normal life for its citizens. This achievement, according t...
- Why do people smoke? The psychology, science and social reasons say those who smoke despite knowing the health risks aren't just chasing nicotine, they may be seeking...Why do people smoke despite knowing the health risks? Explore the science, psychology and social factors behind smoking addiction, and nico...
- BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
- ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
- Karnataka: Chief Minister Shivakumar warns gutkha industry of ban if substances are foundKarnataka Chief Minister D K Shivakumar has warned the pan masala and gutkha industry of an outright ban if any intoxicating substances are...
- Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year...
- Psychology explains why it might be harder for women to quit smoking than menPsychology of quitting smoking: Breaking the smoking habit proves particularly tough for women within the first 24 hours of quitting, a new...
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
- FRAI urges govt to intensify crackdown on counterfeit products, illicit tradeRetailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the l...
- 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...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: ReportOil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LP...
- Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
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