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Published on 16:32 GMT

Breaking: India GST Council agrees to 40% consumption tax on sin goods

In a landmark decision, the GST Council has approved a uniform 40% consumption tax on sin goods, replacing the earlier 28% GST slab plus cess mechanism. The move is being seen as a significant step in the GST 2.0 reforms agenda aimed at simplifying the …

Source: Business Upturn - Neutral
Published on 08:37 GMT

GST Meeting: Cigarette and tobacco products may face 40% GST on MRP instead of base price, reports say

In a major update ahead of the 56th GST Council meeting, sources told CNBC Awaaz that the government is considering a significant shift in how taxes are levied on tobacco and cigarette products. The proposal under discussion recommends that GST on these …

Source: Business Upturn - Neutral
Published on Sep 2, 2025

Mizoram records India’s highest lifetime cancer risk, study warns

Guwahati: Cancer incidence in India is rising sharply, with over 1.56 million new cases and nearly 874,404 deaths projected for 2024, according to a new study under the National Cancer Registry Programme (NCRP), published in JAMA Network Open on August 20, …

Source: East Mojo - Center-left
Published on 08:39 GMT

Why Taxing Cigarettes On MRP Could Do More Harm Than Good

New Delhi [India], September 3: Behind every cigarette sold in India, there are farmers, shopkeepers, and workers whose livelihoods depend on it. A new proposal by The Federation of All India Distributors Associations (FAIDA) suggests levying GST on the …

Source: Free Press Journal - Neutral
Published on Sep 1, 2025

Jefferies says GST cut may slash vehicle prices by up to 8%: Is auto sector ready for a demand boom?

The countdown to the GST Council meeting has begun. There are expectations of major change in the current tax slabs. Key brokerages anticipate that India’s automobile sector could see a strong demand revival if the government goes ahead with the proposed …

Source: Financial Express - Neutral
Published on Sep 1, 2025

Inside the ‘Bondage’ of Zimbabwe’s Contract Tobacco Farming

HARARE, ZIMBABWE — Zimbabwe’s tobacco sector was once on the brink of collapse. Now, it’s booming again. Last year alone, it earned the country close to US$1 billion in revenue. But though the crop is one of the country’s top exports and production has …

Source: Global Press Journal - Center-left
Published on Aug 30, 2025

India Playbook 2025: Proposed tariff imposition from US punishes Indian market despite resilient economy

Despite Global equity markets cheering to talks between US & Russia & moving up 3% in the last month(Mid Jul-Mid Aug), Indian markets have underperformed the world with large cap being flat & Mid & Small cap falling 3% & 5% respectively …

Source: The Economic Times - Center-right
Published on Aug 29, 2025

CG Power, United Spirits, Britannia Industries Share Price Jumps; Buying in CG Power on Semiconductor News

CG Power shares were in demand today as the transformative strategic pivot positions the company at the forefront of India's semiconductor ambitions. CG Power shares gained 4.52 percent and the stock managed to touch intraday high at Rs 699.75 before …

Source: Top News - Pending
Published on Aug 29, 2025

What GST 2.0 fine print must cover for India to move closer to one nation, one tax

GST 2.0 is expected to be a Diwali bonanza for the common man. Two neat slabs of 5% and 18% promise cheaper goods, fewer disputes, and a Rs 2 lakh crore consumption boost. But the gloss fades once you dig deeper. The proposal to add a 40% slab for sin and …

Source: The Times of India - Center-right
Published on Sep 1, 2025

Shapewear Market Size to Reach USD 6.01 Billion by 2034, Growing at a CAGR of 8.10%

The global shapewear market was valued at approximately USD 2.76 billion in 2024 and is expected to reach around USD 6.01 billion by 2034 PUNE, MAHARASHTRA, INDIA, September 1, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research, the …

Distribution channels: Consumer Goods ...
Published on Sep 1, 2025

Best stocks to buy today: Ankush Bajaj's top three recommendations for 1 September

Top three stock picks for 28 August by Ankush Bajaj Buy: Maruti Suzuki India Limited — Current Price: ₹14,791.00 Why it’s recommended: Maruti Suzuki is showing exceptional momentum. The daily RSI stands at 86, signaling very strong bullish appetite. The …

Source: Mint - Neutral
Published on Sep 1, 2025

Recommended stocks to buy on 1 September—top stock picks from market experts

The Nifty 50 fell 74 points, or 0.30%, to 24,426.85, while the Sensex dropped 271 points, or 0.34%, to 79,809.65, both slipping below key moving averages. The Bank Nifty declined 165 points to 53,655.65, underperforming amid broad-based selling in …

Source: Mint - Neutral
Published on 15:57 GMT

Big Relief For Shoppers! More Consumer Goods Shifted To Lower GST Slabs

New Delhi: The GST Council, in its latest meeting, is considering a major relief for consumers by bringing everyday items like shoes and clothes priced up to Rs 2,500 under the lowest GST slab of 5 per cent, sources told IANS. This move aims to make …

Source: Zee News - Right-wing
Published on 13:49 GMT

Timing Is Everything: PM’s GST Reform Gift Must Arrive Well before Diwali

Prime minister (PM) Narendra Modi promised ‘next-generation’ GST (goods and services tax) reforms as a Diwali gift to India, triggering hopes of reduction and rationalisation of the tax into two primary slabs and an overall relief for all. However, …

Source: Moneylife India - Neutral
Published on 15:47 GMT

Handicraft, pharma, textile industries push for uniform GST amid US tariff row

The handicraft industry in India has raised concerns over the imposition of 25% tariff by the United States along with an additional 25% tariff linked to the country’s purchase of Russian oil, even as the 56th meeting of the Goods and Services Tax (GST) …

Source: The Statesman (India) - Center-left
Published on 11:23 GMT

56th GST Council Meeting Begins: What Might Get Cheaper, What May Become Costlier?

Last Updated:September 03, 2025, 12:15 IST If the GST Council okays reforms, daily-use items like ghee, nuts, 20L water, namkeen, footwear, apparel, medicines & medical devices may shift from 12% to 5%. Union Finance Minister Nirmala Sitharaman chairs …

Source: News18 - Center-right
Published on 11:36 GMT

GST Council Meets Today: What the Overhaul Could Mean for E-Commerce Sellers

MediaNama’s Take The Goods and Services Tax (GST) overhaul simplifies India’s tax structure and lowers prices for many goods. However, for e-commerce sellers, the change arrives at the worst possible moment. Platforms and sellers must adjust billing …

Source: MediaNama - Neutral
Published on 15:12 GMT

Goods to turn cheaper as GST Council brings more consumer items under lower tax rates

New Delhi: The GST Council, in its ongoing meeting here, has veered around to bringing consumer goods such as shoes and clothes in the lower price range of up to Rs 2,500 under the lowest GST tax bracket of 5 per cent, according to sources. This would …

Source: Sambad English - Center-right
Published on 15:44 GMT

GST 2.0: Everyday Goods Like Shoes And Clothes To Get Cheaper

By reducing the GST on mid-range consumer goods, the government expects a direct impact on prices, leading to increased affordability. As part of a major reform initiative, the GST Council is poised to ease the burden on consumers by shifting more goods …

Source: Times Now - Center-right

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Published on August 28, 2025 - 13:35 GMT

Where’s the Commitment? Provincial Silence on Big Tobacco Payouts Leaves Canadians Wondering if Lung Health Will be Left ...

TORONTO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- On Friday, August 29, the provinces and territories are expected to receive their initial share of funds from Canada’s historic $32.5 billion Big Tobacco Settlement. This milestone transfer marks the beginning of …

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Published on September 3, 2025 - 16:26 GMT

Cracking Down On Illegal Vape Sales

Governor Kathy Hochul today announced the largest criminal vape enforcement action in New York State history, resulting in over a dozen arrests and a total of 38 criminal charges for illegally shipping vaping products in violation of state law. The …

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Published on September 3, 2025 - 15:33 GMT

Asset Managers and Fossil Fuel Exclusion Screens

Key Takeaways: Many asset managers exclude categories of investments from their portfolios, with a number of developments prompting asset managers to scrutinise their exclusion lists. As a result, some asset managers have adopted more flexible approaches, …

Distribution channels: Education
Published on September 3, 2025 - 12:30 GMT

Achieve Life Sciences Announces FDA Acceptance of Cytisinicline New Drug Application for Treatment of Nicotine ...

Filing based on pivotal Phase 3 ORCA-2 and ORCA-3 clinical trials demonstrating statistically significant and clinically meaningful smoking cessation FDA acceptance starts the review process and sets timing for potentially the first new FDA-approved …

Distribution channels: Healthcare & Pharmaceuticals Industry ...

Published on September 3, 2025 - 11:53 GMT

Eurozone Posts 2.1 Percent Rise in August Inflation

(MENAFN) Inflation across the eurozone ticked slightly higher in August, reaching an annual rate of 2.1%, up from 2.0% in July, according to data released Tuesday by Eurostat. The largest contributor to the uptick was the food, alcohol and tobacco category …

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Published on September 3, 2025 - 11:53 GMT

Eurozone Inflation Slightly Rises

(MENAFN) The annual inflation rate in the euro zone increased to 2.1% in August, up from 2% recorded in July, according to an announcement made on Tuesday by Eurostat. Looking at the primary contributors to inflation, the category of food, alcohol, and …

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Published on September 3, 2025 - 11:40 GMT

Austria Posts 4.1 Percent Surge in August Inflation Rate

(MENAFN) Austria’s inflation rate surged to 4.1 percent year-on-year in August, according to a flash estimate released Tuesday, marking the highest level since March 2024. "This is the highest level since March 2024. Almost all expenditure groups in …

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Published on September 2, 2025 - 20:42 GMT

Attorney General Bird Announces Staff Changes

DES MOINES– Iowa Attorney General Brenna Bird today announced her appointment of Steve Blankinship as Chief Deputy Attorney General. Blankinship will replace Leif Olson, who is pending confirmation as the U.S. Attorney for Iowa’s Northern District. “I am …

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Published on December 7, 2016 - 17:55 GMT

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share December 7, 2016

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Published on December 6, 2016 - 14:10 GMT

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI)

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI) December 6, 2016

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Published on December 6, 2016 - 09:24 GMT

Philip Morris International (PMI) Announces Filing of Application for Its Electronically Heated Tobacco Product with the ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Dec. 6, 2016-- Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) on Dec. 5 submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the U. …

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Published on November 16, 2016 - 15:46 GMT

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for ...

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast November 16, 2016

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Published on October 25, 2016 - 07:22 GMT

Philip Morris International Recognized as Global Leader for Corporate Action on Climate Change for the Third Year ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 25, 2016-- Philip Morris International Inc. (“PMI”) (NYSE/Euronext Paris: PM) today is recognized as a global leader in its action on climate change. For the third consecutive year, the company is on the CDP …

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Published on October 18, 2016 - 11:29 GMT

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS ...

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS Forecast October 18, 2016

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Published on October 14, 2016 - 07:33 GMT

Philip Morris International Recognized as Top Employer in Africa

Now certified as leading employer in 29 countries across the globe LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 14, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today was recognized for the first time as a Top Employer in …

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Published on October 11, 2016 - 14:19 GMT

Philip Morris International Inc. to Host Webcast of 2016 Third-Quarter Results

NEW YORK--(BUSINESS WIRE)--Oct. 11, 2016-- Regulatory News: Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, October 18, 2016, at 9:00 a.m. ET to discuss its 2016 third- …

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Published on September 29, 2016 - 07:15 GMT

Philip Morris International Inc. Hosts Investor Day; Revises for Currency, and Narrows, 2016 Full-Year Reported Diluted ...

NEW YORK--(BUSINESS WIRE)--Sep. 29, 2016-- Regulatory News: Philip Morris International Inc.’s (NYSE/Euronext Paris: PM) senior management reviews the company’s business outlook and long-term growth strategies at a two-day investor meeting starting …

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Published on September 23, 2016 - 14:01 GMT

Philip Morris International Inc. (PMI) Inaugurates Manufacturing Facility in Italy for Potentially Reduced-Risk Products*...

First manufacturing facility for large scale production of heated tobacco products Anticipated investment of approximately EUR 500 million for the facility and pre-existing pilot plant Up to 600 new jobs when fully operational Total initial annual capacity …

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Published on September 22, 2016 - 19:30 GMT

Philip Morris International Inc. to Host Webcast of 2016 Investor Day

Philip Morris International Inc. to Host Webcast of 2016 Investor Day September 22, 2016

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Published on September 16, 2016 - 10:04 GMT

Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 15, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announced today that the response to PMI IMPACT, its new global funding initiative for third party projects dedicated to fighting …

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Published on September 14, 2016 - 08:35 GMT

Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share

NEW YORK--(BUSINESS WIRE)--Sep. 14, 2016-- Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM) today increased the company’s regular quarterly dividend by 2% to an annualized rate of $4.16 per share. …

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Published on September 6, 2016 - 12:45 GMT

Philip Morris International Releases First “Update” on Their Scientific Research to Develop and Assess Potentially ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 6, 2016-- Philip Morris International Inc. (NYSE/Euronext Paris: PM) today releases the first Reduced-Risk Product (RRP) Scientific Update, a regular publication on its research efforts to develop and assess …

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Published on July 19, 2016 - 11:18 GMT

Philip Morris International Inc. (PMI) Reports 2016 Second-Quarter Results; Revises 2016 Full-Year Reported Diluted EPS ...

Reflecting Currency-Neutral Growth of Approximately 10% to 12% vs. 2015 Adjusted Diluted EPS of $4.42 NEW YORK--(BUSINESS WIRE)--Jul. 19, 2016-- Regulatory News: 2016 Second-Quarter Reported diluted earnings per share of $1.15, down by $0.06 or 5.0% versus …

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Published on July 12, 2016 - 13:55 GMT

Philip Morris International Inc. to Host Webcast of 2016 Second-Quarter Results

NEW YORK – July 12, 2016 – Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, July 19, 2016, at 9:00 a.m. ET to discuss its 2016 second-quarter results, which will be issued …

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Published on July 11, 2016 - 02:16 GMT

Philip Morris International Comments on Tribunal’s Decision in Arbitration Between PMI and Uruguay

LAUSANNE, Switzerland--(BUSINESS WIRE)--Jul. 8, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that …

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Published on June 8, 2016 - 10:02 GMT

53 billion illegal cigarettes consumed in the European Union last year

New KPMG report for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International finds that governments lose up to EUR 11.3 billion in revenues Non-EU contraband and counterfeit increased to 88% LONDON--(BUSINESS …

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Published on June 3, 2016 - 04:56 GMT

PHILIP MORRIS INTERNATIONAL INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $1.02 PER SHARE

NEW YORK, December 9, 2015 -- The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today declared a regular quarterly dividend of $1.02 per common share, payable on January 8, 2016, to shareholders of record as of …

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Published on May 27, 2016 - 11:37 GMT

Philip Morris International Launches New Initiative to Fight Smuggling and Related Crimes; Pledges USD 100 Million to ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--May 27, 2016-- Philip Morris International Inc. (PMI) (NYSE /Euronext Paris: PM) announced today a major new initiative — “PMI IMPACT” — to help confront smuggling and related crimes. The centerpiece of PMI …

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