Tobacco stocks continue to slide; ITC shares drop over 5%
The Hindu
Tobacco stocks fall as ITC shares drop over 5% following new excise duty announcement by the government.
December 2025 saw a surge in auto sales in India, with Maruti Suzuki leading 22% YoY growth amidst strong demand.
GST collections rose 6.1% to ₹1.74 lakh crore in December 2025.
The rupee fell 10 paise to close at 89.98 against the U.S. dollar amid foreign fund outflows and weak equities.
ATF prices drop 7.3% while commercial LPG rates rise by ₹111 per cylinder in monthly fuel price revisions.
Government ends GST compensation cess and introduces a new tobacco tax regime effective February 1, 2026.
Tobacco stocks plunge as new GST rates and levies on tobacco products take effect from February 1, 2026.
DGCA requests Air India's explanation for operating a Dreamliner amid repeated technical issues and safety concerns.
Tarun Garg becomes the first Indian MD & CEO of Hyundai Motor India, leading the company's growth and innovation.
Indian stock market opens 2026 positively as Sensex rises over 200 points, driven by strong domestic buying and blue-chip gains.
The rupee starts 2026 lower, dropping 11 paise to 89.99/USD amid foreign fund outflows and global uncertainty.
Hyundai Motor India launches 'Prime Taxi' range, offering reliable and cost-effective vehicles for fleet operators and taxi drivers.
Starting February 1, new excise duties and a health cess on tobacco and pan masala will be implemented, replacing existing levies.
Starting February 1, new excise duties and a health cess on tobacco and pan masala will be implemented, replacing existing levies.