FDA issues modified risk orders for 20 ZYN nicotine pouch productsThe FDA has authorized Philip Morris International's ZYN nicotine pouches for reduced-risk marketing. This marks the first such approval fo...
07 Jul, 2026, 01.39 PM IST
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...
29 Jun, 2026, 01.13 PM IST
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 ...
27 May, 2026, 05.52 PM IST
US Stocks: Philip Morris trims annual profit forecast amid nicotine pouch uncertaintyPhilip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and risin...
22 Apr, 2026, 07.33 PM IST
Southeast Asia’s tobacco toll meets India’s tough tax moveTobacco causes more deaths in Southeast Asia than any other preventable factor, claiming 3.2 million lives annually. India is using fiscal ...
31 Jan, 2026, 08.36 AM IST
Parliament Winter Session: Finance Minister Sitharaman moves two bills for new cess on tobacco and other 'sin goods'New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacc...
02 Dec, 2025, 12.49 AM IST
Smoking, vaping, and nicotine pouches linked to sharp rise in Type 2 Diabetes risk, new study saysA new study presented at the European Association for the Study of Diabetes meeting shows smoking, vaping, and smokeless nicotine products ...
18 Sep, 2025, 01.16 AM IST
Smoking kills 1.35 million Indians annuallyTobacco kills 1.35 million Indians annually, yet quit rates remain low at just 7%. Experts urged science-backed harm reduction strategies, ...
14 Sep, 2025, 11.33 AM IST
US FDA to fast-track nicotine pouch reviews amid pressure from Trump administrationThe US Food and Drug Administration will expedite reviews for nicotine pouches from four tobacco firms. This pilot program starts on Monday...
08 Sep, 2025, 09.34 AM IST
Cigarette-maker Philip Morris' shares slide 7% after quarterly revenue missPhilip Morris International (PMI) missed second-quarter revenue expectations on Tuesday as shipments of its ZYN nicotine pouches disappoint...
22 Jul, 2025, 08.30 PM IST
Philip Morris weighs cigar sale amid smoke-free shiftPhilip Morris International is considering a sale of its US cigar business, with hopes of fetching over $1 billion. This move aligns with t...
03 Mar, 2025, 03.02 PM IST
BAT to check out of ITC's demerged hotels businessBritish American Tobacco (BAT) intends to divest its stake in ITC's soon-to-be demerged hotel business and explore options for unlocking sh...
23 Oct, 2024, 12.01 PM IST
Are Americans smoking less? Here's what a survey says on when U.S adults lit up recentlyOnly 11% of American adults reported smoking cigarettes recently, according to current Gallup data, which shows that adult smoking has fall...
26 Aug, 2024, 10.45 PM IST
ITC spots another $500 million opportunity in tobacco businessHigh-end nicotine is seeing growing demand due to the rise of vapes and pouches globally. Indian tobacco is well placed since it has a high...
13 Dec, 2023, 05.24 PM IST
Elliott backs Philip Morris's $16 bln Swedish Match takeover: ReportElliott has tendered its shares in the Swedish target, the FT said, bringing PMI closer to the 90% threshold required for forced redemption...
07 Nov, 2022, 12.15 AM IST
Responsive Policymaking For Achieving India’s Tobacco Control Goals01 Nov, 2022, 04.50 PM IST
Philip Morris bids $16 billion for Swedish Match in quest for alternatives to cigarettesSwedish Match shares hit a record high on Tuesday after PMI confirmed reports it was in talks to buy the Swedish firm, betting on the fast-...
11 May, 2022, 01.31 PM IST