Category : Search result: Karnataka excise licences


RBI to Resume Cooperative Bank Licences

The Reserve Bank of India is considering restarting the issuance of new licences to cooperative banks, aiming to strengthen the financial sector and expand banking services.

Karnataka HC Keeps Stay on Excise Rules, Hearing Feb 11

The Karnataka High Court refused to vacate the stay on amended excise rules, citing serious questions of excess delegation and arbitrariness. Justice K S Hemalekha scheduled the next hearing for February 11.

Jaipur: 27 liquor shops sealed, owners protest

Jaipur's excise department sealed 27 liquor shops for alleged violations. Owners claim arbitrary action, saying they met sales targets. Read the full details of the dispute.

Mangaluru Liquor Market Steady, Beer Sales Dip in Dec

Dakshina Kannada's liquor market held steady in December 2025. IMFL sales saw marginal growth of 127 boxes, while beer consumption fell by 2,795 boxes. Read the full analysis of local trends and factors.

ITC Stock Hits 52-Week Low on New Tobacco Tax

ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.

Cigarette Prices to Rise 20% from February 1

Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.

AP Liquor Sales Rise 8% in Dec 2025 on Festive Demand

Andhra Pradesh's liquor sales surged to Rs 2,767 crore in December 2025, an 8% year-on-year rise. Year-end celebrations drove a 60% spike in the final three days. Explore the district-wise data and key drivers.

US Approves Samsung, SK Hynix Chip Gear Exports to China

The US has approved annual export licences for Samsung and SK Hynix to ship chipmaking equipment to their China facilities through 2026, replacing a more permissive waiver system. This move creates new uncertainty for global memory chip supply.

Punjab Tax Dues Scheme Deadline Extended to March 31

Punjab government extends deadline for its 'Settlement of Arrears of Tax Dues Scheme' to March 31, 2025. Traders get more time to clear pending dues with significant concessions. Act now to benefit!

Page 1 of 4