Jefferies and Emkay believe that the tax hike can hit ITC's volumes and have flagged 20–40% cigarette price jump risk.

Under the new notification, the Centre has done away with the GST compensation cess that was earlier levied on tobacco ...

According to sources, 'The new tax structure on cigarettes will comprise 40% GST + new Central Excise Duty + existing NCCD' ...

Keir Starmer's Labour Party popularity in Wales continues to tumble, as their vote share drops in a new poll. Pollsters asked voters who they would back at a Westminster election, and the answer is ...

ITC shares slid to a three-year low after a sharp two-day, 14% fall triggered by a steep cigarette tax hike, prompting ...

Restaurants can’t charge more than MRP for water bottle, rules Chandigarh State Consumer Commission and orders Rs 3,000 be ...

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Investing.com -- Indian tobacco and consumer staples company ITC Ltd. (NSE:ITC) was downgraded to “hold” from “buy” rating by ...

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Manufacturers, packers and importers are now allowed to apply updated Maximum Retail Prices via stickers or stamps on unsold stock under new GST rules, mitigating packaging waste and easing the ...