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.
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
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.
A 22-year-old man in Bengaluru was assaulted and forced to pay Rs 900 online after a dispute over a single cigarette's price escalated on Brigade Road. Police have registered a case.
The Indian government has increased the National Calamity Contingent Duty on cigarettes. Find out the new rates and the expected impact on prices and public health.
A 28-year-old man was severely beaten in Kolhapur's Shirol after confronting youths who threw a burning cigarette at him. Police have arrested three based on CCTV footage. Read the full details.
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
Four men assaulted a watchman and stole cigarettes worth Rs 80-90 lakh from a Ballabhgarh wholesale warehouse. Police are investigating an insider's role. Read the full story.
Pune excise department raided The Noir pub in Viman Nagar, booking 52 people and seizing items worth ₹3.67 lakh in an illegal liquor party. 21 squads formed for New Year vigilance.
A 45-year-old man in Delhi's Shahdara allegedly strangled his wife to death after she refused to give him Rs 20 for cigarettes. The accused has been arrested. Read the shocking details.
A healthy 40-year-old woman woke up with sudden vision loss in one eye. Doctors traced the cause to her vaping habit. Learn how e-cigarettes can damage eye health.
A tragic domestic violence incident in Delhi's Shahdara ended in a murder-suicide after a fight over Rs 20 for a cigarette. Police investigation ongoing. Read the full report.
Teachers' organisations in Punjab reject govt's Rs 10 lakh ex gratia for deceased colleagues, term it discriminatory. They demand Rs 2 crore each & govt jobs for kin. Read more.
Karnataka government fixes a Rs 1.5 crore base price for CL-2 and CL-9 liquor licences in Bengaluru. Read about the impact on the prized permits last issued in 1992.
Mohali excise officials arrest a smuggler near Mataur village, seizing 25 cases of whiskey meant for illegal sale in Chandigarh. Read the full details of the crackdown.
Patna High Court orders return of stolen vehicles seized in liquor smuggling cases if owner is innocent. Landmark judgment protects victims from penalties for crimes of others. Read the full story.
Excise officials in KR Nagar, Mysuru, arrested two individuals and seized 974 grams of dry ganja near Thopamma temple. The accused were allegedly transporting the contraband for sale. Read the full details of the NDPS Act case here.
HRAWI requests Maharashtra govt to extend operating hours for bars & restaurants until 5 AM on Dec 24, 25, 31. Move aims to boost festive hospitality & tourism.
Sugreev Kumar, key owner of 'The Theka' in Gurgaon, arrested at Delhi airport in Rs 10-crore illegal foreign liquor case. Police have now detained five individuals in the major excise fraud.
Thiruvananthapuram excise department launches a special enforcement drive until Jan 5 to curb liquor and drug trafficking during Christmas and New Year. Public urged to report via helpline 0471-2473149.
Mapusa police arrest Ajay Gupta of Birch by Romeo Lane for allegedly forging a health officer's NOC to obtain an excise licence. Latest updates on the tragic fire case bail hearings included.
Karnataka begins a historic online auction of 38 defunct liquor licences in Dakshina Kannada & Udupi from mid-January. A state-wide move aims for transparency and revenue boost. Details inside.
Punjab's GST collections surge 16% to Rs 17,860 crore till November. Excise revenue also rises 8.64%. FM Cheema credits tech-driven enforcement & OTS scheme for boosting state finances.
Delhi government significantly raises the annual sacramental wine storage limit for churches from 91 to 4,000 litres ahead of Christmas. The excise rules have been amended to ease religious and industrial needs.
Excise officials in Odisha's Ganjam district arrested four persons, including a woman, and seized 52 kg of ganja worth ₹25 lakh. One accused was previously arrested for smuggling. Read the full details.
China initiates a WTO trade dispute against India, challenging import duties on solar cells and IT goods. This move escalates bilateral trade tensions and could impact India's green energy goals. Read more for details and analysis.
Chhattisgarh EOW/ACB files 8th chargesheet in liquor scam, names Chaitanya Baghel as key syndicate figure. Probe pegs scam at over ₹3,074 crore. Read the latest details.