Odisha excise officials arrested three individuals and seized 265 grams of brown sugar in Bhubaneswar's Forest Park area. The accused were produced in court following a targeted anti-drug operation. Read the full details.
Mid-tier Indian IT firms struggle to hit the coveted $1 billion revenue mark. Discover why FirstSource Solutions is a rare exception and what others are missing. Read the full analysis.
Cigarettes to cost more as new excise duty and 40% GST kick in from February 1. Check the new price slabs and tax changes for all tobacco products.
Noida's liquor sales soared to Rs 17 crore on Dec 31, 2025, marking a 22% jump from last year. Beer consumption saw the sharpest rise. Discover the festive spending trends that boosted excise revenue.
Noida Excise Department launches inquiry after complaint alleges Arun Vihar club served subsidised CSD liquor illegally. Club denies charges. Full investigation underway.
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.
LIC's stake in ITC plunges after a massive excise duty increase on cigarettes. Brokers downgrade stock, warning of price hikes and limited upside. 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.
Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.
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.
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 stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
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.
Belagavi's New Year celebrations saw a cultural shift as beer consumption rose to 1,62,344 bottles, overtaking traditional winter whisky. Explore the changing drinking trends in Karnataka.
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.
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!
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
India considers calibrated excise duty hikes on cigarettes, citing current modest rates and significant fiscal and public health space for increase. Read the full analysis.
India mandates CCTV installation in tobacco factories from Feb 1, 2026. Footage must be preserved for 24 months. New excise rules also clarify duty on tins and other forms. Details inside.
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.
The Indian government has levied an additional excise duty on tobacco products like cigarettes and bidis. The new duty, effective February 2, aims to boost revenue. Learn about the impact on prices and industry.
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.
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
Shares of ITC and Godfrey Phillips fell sharply after the government announced a hike in excise duty on cigarettes in the interim budget. The new rates are effective from February 1. Read for full market impact analysis.