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Cigarette, Alcohol Sales Shine In Inflation- Hit Weak FMCG Market

Cigarette, Alcohol Sales Shine In Inflation- Hit Weak FMCG Market

Mon, Mar 13, 2023

Sales volume of cigarettes in India grew at the fastest pace in a decade last year while that of liquor hit an all-time high in terms of the number of cases sold, bucking the trend in the consumer goods market where people are cutting back on daily essentials and groceries due to inflation.

Does India impose enough tax on cigarettes to check consumption? An insight

Does India impose enough tax on cigarettes to check consumption? An insight

Sat, Feb 18, 2023

India is also the second largest producer and consumer of tobacco, according to the World Health Organisation. But do you know, the price you pay for a cigarette stick or other similar products is much higher than the production cost?

Aapki Khabar Aapka Fayda: Smoking increases risk of brain stroke, heart attack

Aapki Khabar Aapka Fayda: Smoking increases risk of brain stroke, heart attack

Wed, Mar 09, 2022

Smoking increases the chances of brain stroke by 2 to 4 times, as well as increases the risk of heart attack. Know what diseases cigarettes causes in our body.

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Budget 2022: Government keeps sin products tax unchanged; tobacco stocks surged – ITC, Godfrey Phillips stocks in focus

Budget 2022: Government keeps sin products tax unchanged; tobacco stocks surged – ITC, Godfrey Phillips stocks in focus

Tue, Feb 01, 2022

Almost every budget, the street always turns cautious on the stock amid fear of an increased tax on the sin product.

Aapki Khabar Aapka Fayada: Junk food is more harmful than Cigarette?

Aapki Khabar Aapka Fayada: Junk food is more harmful than Cigarette?

Wed, May 08, 2019

In this segment of Aapki Khabar Aapka Fayada, Know Is Junk food more harmful than Cigarette?

ITC hikes prices of Bristol, Flake Excel and Capstan

ITC hikes prices of Bristol, Flake Excel and Capstan

Tue, Mar 05, 2019

When contacted, an ITC spokesperson said: "Prices of a few select brands have been marginally revised."

Hawaii considering Bill on cigarette sales ban to anyone under 100

Hawaii considering Bill on cigarette sales ban to anyone under 100

Tue, Feb 05, 2019

"The legislature finds that the cigarette is considered the deadliest artefact in human history," the proposed Bill says.

ITC share price hits 52-week high, rallies a whopping 7% post Q1 results

ITC share price hits 52-week high, rallies a whopping 7% post Q1 results

Fri, Jul 27, 2018

ITC share price spiked nearly 7 per cent to hit its fresh 52-week high on Friday after the cigarette-to-FMCG firm reported 10 per cent increase in standalone net profit at Rs 2,818.68 crore for the June quarter, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.

Lambda in talks to raise $2.5 mn for cigarette filter tech

Lambda in talks to raise $2.5 mn for cigarette filter tech

Fri, Nov 24, 2017

The company has come up with a cigarette filter technology which filters the most harmful content in cigarettes.

GST Council hikes cess on cigarettes

GST Council hikes cess on cigarettes

Tue, Jul 18, 2017

World No Tobacco Day 2017: 19% quit smoking because of rising costs

World No Tobacco Day 2017: 19% quit smoking because of rising costs

Wed, May 31, 2017

As per World Bank data, tobacco use kills more than 7 million people every year and costs households and governments over $1.4 trillion through healthcare expenditure and lost productivity.

Bidi tax to benefit cigarette manufacturers most?

Bidi tax to benefit cigarette manufacturers most?

Mon, Dec 12, 2016

The government had last week mulled over taxing these products under the pretext of making healthier lifestyle choices. This tax, if implemented may share some of the tobacco excise revenue of which 87% is currently paid by cigarette companies.

China says no to smoking; cigarette market declines for first time in 2 decades

China says no to smoking; cigarette market declines for first time in 2 decades

Mon, Jun 20, 2016

The Chinese market accounted for 45% of global cigarette volumes in 2015. Given its size, the country’s negative performance exerted a huge impact on the world cigarettes market.

ITC posts Q4 up 8 pct, brokers raise target on cigarette rebound

ITC posts Q4 up 8 pct, brokers raise target on cigarette rebound

Mon, May 23, 2016

Indian conglomerate ITC shares rallied 7.5 % intraday on Monday after the company shared its fourth quarter earnings performance.

Philip Morris 'abused rights' seeking to sue Australia: Court

Philip Morris 'abused rights' seeking to sue Australia: Court

Tue, May 17, 2016

In 2012, Australia became the first country to mandate that cigarettes must be sold in plain packages, in a bid to reduce smoking rates. This initiative has since been followed by other nations including France and Britain.

This is how cigarette packs may look like after Supreme Court ruling

This is how cigarette packs may look like after Supreme Court ruling

Wed, May 04, 2016

Tobacco companies will now have to increase their warning on cigarette packs after the Supreme Court on Wednesday said that they must adhere to a new federal rule.

'Large pictorial warnings will encourage illegal cigarette sale'

'Large pictorial warnings will encourage illegal cigarette sale'

Sun, Apr 24, 2016

The implementation of government's policy of covering 85% of a cigarette packet with pictorial health warnings will impact the livelihood of 4.6 crore Indians working in the industry and will contribute to the sale of illegal cigarettes, The Tobacco Institute of India said, in an advertisement in

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