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ILLICIT TRADE
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...- Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...
- Consumer staples sector to face growth normalization in 2nd half of 2026, updates on pricing power and channel efficiency eyedConsumer staples growth momentum is likely to moderate in the second half of FY27 as GST-related benefits phase out and high base effects s...
- Armenia prepares for an election that could reshape ties with Moscow and the WestArmenia's parliamentary elections are a pivotal vote on its geopolitical future, with Prime Minister Nikol Pashinyan seeking closer EU and ...
- ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...
- ED raids in Maharashtra, Gujarat in Salim Dola drugs caseThe Enforcement Directorate conducted raids across Maharashtra and Gujarat. The probe targets Mohammad Salim Dola, an alleged drug traffick...
- Ladakh rings in new excise policy- wider choice in low alcohol content; hard liquor also at retail vendsThe administration’s decision comes in the wake of growing concerns raised by civil society, religious organizations, and medical experts r...
- Pune hooch tragedy: Toll rises to 17 as 22 police, excise officials suspended, methanol supplier tracedA spurious liquor tragedy in Pune and Pimpri Chinchwad has claimed 17 to 18 lives. Most victims were daily wage labourers. The state govern...
- National Investigation Agency raids 19 places across three states in illegal explosives case linked to KeralamThe National Investigation Agency is conducting extensive searches across Kerala, Karnataka, and Tamil Nadu. These operations are part of a...
- Maharashtra: Five police officials suspended amid chaos over deaths linked to illicit liquor consumptionTen people have died from consuming illicit liquor in Pimpri-Chinchwad and Pune. Five police officials, including a Senior Police Inspector...
- Pune Hooch tragedy kills 15; 8 arrestedAt least 15 people have died and several others hospitalized after allegedly consuming suspected spurious liquor in Pune and Pimpri-Chinchw...
- In 2024, a tourist at a beach bar in Varna, Bulgaria, noticed this table was actually an ancient artifact, later identified as a 1,700-year-old Roman sarcophagusA Roman sarcophagus, dating back to the 2nd century AD, was discovered serving as a table at a beach bar in Varna, Bulgaria. This ancient r...
- US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
- 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 ...
- Global Market Today: Asian stocks pare gains, oil climbs on Iran attack reportAsian stocks saw gains moderate as US strikes in Iran overshadowed optimism for a potential deal. Crude oil advanced, reversing earlier dec...
- Cigarette business weakness drags ITC margins in March quarterITC's cigarette business saw lower profits in the March quarter due to increased taxes. While other areas like FMCG improved, they could no...
- Ketan Parekh Case: Sebi sends show cause notice to 6 Capital Group FPIsIndia's market regulator Sebi has issued a show cause notice to six Capital Group FPIs for alleged lapses in trade confidentiality. Two tra...
- How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networksIran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated...
- DRDO flags rising global CBRN risks, warns of unstable geopolitical orderGlobal security faces growing challenges. DRDO scientist Upendra Kumar Singh stresses the need for stronger preparedness against chemical, ...
- US visa restrictions on owner of India-based pharmacy, 13 associates for fentanyl traffickingThe US has imposed visa restrictions on 13 individuals linked to an India-based online pharmacy, KS International Traders, and its owner fo...
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