ITC shares hit 3-year low after cigarette tax shock
ITC shares tumble to a 3-year low after a surprise excise duty hike on cigarettes. Brokerages downgrade stock, slash targets, and warn of earnings pressure. Full analysis inside.
ITC shares tumble to a 3-year low after a surprise excise duty hike on cigarettes. Brokerages downgrade stock, slash targets, and warn of earnings pressure. Full analysis inside.
ITC shares tumble over 13% as a steep hike in cigarette taxes threatens volumes and profits. Analysts slash earnings forecasts and downgrade the stock. Read more.
ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.
Cigarettes to get costlier as the Centre imposes additional excise duty from February 1. Find out how much more you'll pay for brands like Marlboro, Gold Flake, and others.
China removes taxes on condoms and contraceptive drugs in a major policy shift to address its declining population. Learn how decades of the one-child policy led to this reversal.
Hyundai India announced a 0.6% average price hike across all models due to rising commodity costs. Market leader Maruti Suzuki will decide on its pricing strategy in 15-20 days. Read more for details on other automakers' price adjustments.
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.
Mumbai's restaurants and hotels face a New Year shock as commercial LPG prices jump Rs 111 per cylinder. Industry warns of higher menu prices, squeezing margins and impacting consumers. Read more.
China is reportedly increasing condom prices as part of a strategy to reverse its declining birth rate. Experts debate the effectiveness of this controversial policy. Read more.
BEE's stricter energy norms from 2026 may increase AC costs by 10%, potentially negating GST rate cut benefits. Learn how this impacts your wallet.
Aviation turbine fuel price reduced sharply in Delhi after three hikes. Commercial LPG cylinder price up by ₹111. Read the latest fuel price revisions and their impact.
Prices of cigarettes, bidis, and other tobacco products will rise from February 1, 2026, after the government imposes a new excise duty. Find out the latest tax rates and impact on consumers.
ITC shares tumbled nearly 10% to a three-year low after the government announced a new excise duty on cigarettes. Analysts warn of price hikes and volume impact. Read the full analysis.
Oil marketing companies hike commercial LPG cylinder prices by Rs 111 nationwide, increasing operational costs for hotels and restaurants. Domestic LPG prices remain unchanged. Read the full impact analysis.
The Indian government has sharply increased excise duties on cigarettes and tobacco products from February 1, 2024. This move will lead to higher retail prices for consumers. Get all the details on the new rates and their impact.
Get ready to pay more for ACs and refrigerators. New BEE energy norms effective January 1, 2026, will make these appliances up to 10% costlier. Plan your purchase now!
Commercial LPG cylinder prices hiked by Rs 111 on New Year's Day. Meanwhile, Piped Natural Gas (PNG) becomes cheaper in Delhi-NCR. Get the latest updates on fuel prices.
Businesses face higher costs as commercial LPG cylinder prices rise by ₹111 from January 1, 2026. Check new rates for Delhi, Mumbai, Kolkata, and Chennai.
Major car brands like Mercedes-Benz, MG, Nissan, and Renault announce price increases from January 1, 2026, citing rising costs. Act now to beat the hike!
Samsung's Galaxy S26 series, expected in 2026, could see a significant price increase due to rising component costs and new AI features. Get the latest details here.
Cupid Limited receives in-principle board approval to establish an FMCG manufacturing unit in Saudi Arabia, marking a major international expansion for the Indian condom maker.
Planning to buy an SUV? Prices for Honda Elevate, MG Hector, Mercedes GLA, BMW X1 & others are set to rise from Jan 1, 2026. Book now to lock in current rates.
Renault India confirms price increase of up to 2% from Jan 1, 2026, citing rising costs. Book by Dec 31, 2025, to lock in current rates. Read for details.
Rajasthan govt hikes entry fees for state-run monuments & museums from Jan 1, first since 2015. Amber Fort ticket for Indians now Rs 200. New composite ticket launched. Details here.
Global silver market witnessed extreme volatility with prices swinging over 14%. MCX futures hit a record Rs 2.5 lakh/kg before a sharp correction. Read the full analysis of the factors behind the turbulence.
Indian silver ETFs witnessed extreme volatility on Dec 29, with Nippon, Kotak, and Tata funds swinging up to 29% intraday. The chaos was triggered by China's export ban and CME margin hikes. Read more.
Indian Railways implements two fare hikes in 2025, ending a five-year freeze. Sleeper & second-class passengers, over 70% of travelers, face the maximum impact. Details inside.
Asus officially denies plans to build its own DRAM fabs as memory prices quadruple. Learn how the AI-driven shortage impacts PC costs and supply.
Renault India announces a price increase across its model range starting January 2025. The move precedes a major product offensive with new launches planned for 2026.
Renault India will raise vehicle prices by up to 2% from January 2026, citing rising input costs. Other major carmakers like Mercedes, BMW, and Audi are also increasing prices.