Tag: itc

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Posted in Economy

India’s higher nominal GDP growth may help contain fiscal pressures despite global risks: EY

New Delhi: India’s higher nominal GDP growth in FY27 is likely to help the government keep its fiscal deficit under control despite global uncertainties, according…

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Posted in Economy

India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Consumer packaged goods major ITC has said that India’s economy remains well-positioned for sustained medium-term growth despite near-term challenges stemming from geopolitical tensions in West…

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Posted in GST

GST@9: Building a more seamless, certainty-driven input tax credit framework

As India’s good and services tax (GST) regime approaches its ninth anniversary, it is undoubtedly clear that it has been a landmark reform that has…

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India begins wheat exports after four-year hiatus on bumper crop
Posted in Economy

India begins wheat exports after four-year hiatus on bumper crop

MUMBAI: Indian traders have begun exporting wheat for the first time in four years, as a bumper harvest and a rally in ‌global ⁠prices ⁠and…

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...US Slaps 123% Anti-dumping Duty on Indian Solar Imports
Posted in Economy

US slaps 123% anti-dumping duty on Indian solar imports

New Delhi: The US has announced a preliminary anti-dumping duty of 123.04% on solar cells and modules from India, a move expected to further restrict…

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Posted in Economy

India to attract major share of EQT’s $15.6-billion Asia fund: EQT India head

EQT expects India to remain a key destination for capital deployment from its newly raised Asia fund, even though the firm does not follow a…

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Zoff Foods raises $2 million from JM Financial PE
Posted in Startups

Zoff Foods raises $2 million from JM Financial PE

Digital-first packaged spices brand Zoff Foods has raised fresh funding of $2 million from JM Financial Private Equity, underscoring continued investor interest in direct-to-consumer brands….

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Posted in Economy

Reduced RoDTEP rates not applicable to exports of agri, processed food products: Govt

New Delhi: The government on Tuesday clarified that the reduced rates and value caps under the export support scheme RoDTEP are not applicable to the…

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ITC is India's largest cigarette maker, deriving more than 40% revenue from the product. (Reuters)
Posted in Business

ITC market cap erodes by ₹63,000 crore as ‘tax shock’ stokes concerns on profitability| Business News

India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns…

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Posted in Economy

Budget 2026: A top-up on tax reforms can shore up consumer confidence

India’s economy continues to demonstrate robust resilience, with domestic consumption serving as its strongest growth driver. As the Union Budget 2026 draws near, policy discussions…

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