The duty hike on cigarettes by 16 per cent announced in the Union Budget 2023-24 would have a nominal impact of around 7-12 paise per stick across cigarette categories, according to experts. This upward revision in National Calamity Contingent Duty (NCCD) would have negligible impact on smokers and the companies could easily absorb the shock as it may not also have any resultant impact on margins, they said. Finance Minister Nirmala Sitharama in the Union Budget for 2023-24 on Wednesday proposed to revise and increase the duty on cigarettes to about 16 per cent.
'Never in the history of Indian cinema did we have a distribution system for 240 countries, but we have it now.' 'And if we still keep catering to the B and C-tiers of our country, and not the whole world, then we are really being losers.' 'The visionaries of the industry must pull up their socks and say that now we will create for the world.'
Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA), citing implementation challenges. Sources said FPIs, through their custodians, were planning to approach the ministry, highlighting key concerns and seeking more clarification. The ministry, through a notification on March 7, lowered the threshold for reporting ultimate beneficial ownership (UBO) for non-profit organisations and politically exposed persons to 10 per cent from 25 per cent.
The Congress fielded former Governor Margaret Alva's son Nivedit Alva from the Kumta assembly seat.
How Mumbaikars and Delhi-ites are responding to the Omicron threat.
'Nobody told me upfront that you are a Marathi girl so we will not cast you.' 'I questioned myself: 'Am I not good enough?' 'Am I not good-looking to be in this industry?''
With days to go before they take on CSK, Rohit and his boys hope to be a refreshed bunch heading into the IPL.
'As long as violence has the right arc, it is very meaningful.'
With the Indian teams doing well so far, they can run into one another in the competition.
The Indian teams made winning starts in the Open and women's sections of the 44th Chess Olympiad in Chennai on Friday.
Gomes, who had beaten her Kazakh opponent in the first round too, continued her impressive form to post a 57-move win in the second.
Ravi Shastri believes Mumbai's cricketers have a headstart compared to players from other domestic teams in India.
Urmila Matondkar returns to the movies, and we can't keep calm!
The hotelier from Panchmarhi, during his deposition in the court of Special NIA Judge PR Sitre, denied making any statement to the probe agencies, said special public prosecutor Avinash Rasal.
Half Pants Full Pants will instantly warm your heart, Divya Nair tells us.
Vaalvi is likely to become a cult film, appreciated by those with a warped sense of humour, predicts Mayur Sanap.
While Sharath is the lone Khel Ratna award recipient, a total of 25 athletes including shuttlers Lakshya Sen, HS Prannoy, woman boxer Nikhat Zareen, athletes Eldhose Paul, Avinash Sable have been nominated for the Arjuna Award this year.
Make this hummus over the weekend, and have it with bread, pita or fresh veggies for the next few days as a healthy snack.
As the second season of The Night Manager hits the OTT screen, Deepa Gahlot looks back at the top spy thrillers on streaming platforms.
'Manushi's trip was very last minute.' 'I did not have her (red carpet) outfit with me. It was already in Cannes.' 'We didn't know what she was going to wear.'
'But Telugu has done that.' 'The film that I'm doing right now is called Tiger Nageswara Rao, where I play a villain.' 'After this film releases, I guess things will be different.'
Lt Colonel Prasad Purohit, an accused in the September 2008 Malegaon bomb blast case, on Tuesday filed an application before a special court in Mumbai requesting that the ongoing trial be held in-camera.
The world's most popular source for movie content, IMDb unveiled its list of the 10 Most Popular Indian Web Series, based on their page views on the site.
India will be fielding three teams each in the Open and women's sections respectively.
The Bombay high court on Thursday asked the Union government to reconsider its stand that door-to-door Covid-19 vaccination was not feasible, saying it must consider the plight of old people and the disabled.
'I didn't know TV artistes have so much of struggle. I had no clue.' 'I thought an actor is an actor because that's what I've seen in the West.' 'But because of the TV tag, I had to struggle, and that was like an eye opener for me.'
Here's looking at the celebrations.
Fast-moving consumer goods (FMCG) sales in rural areas witnessed a sequential recovery in the latter half of December, according to data by retail intelligence firm Bizom. Also, demand witnessed in the previous month compared to November was higher from tier-3 cities than mega cities. Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data.
Bollywood turns up to watch Laal Singh Chaddha.
It's a big week for Aamir Khan. After a gap of four years, he will be seen in the theatres once again.
Where Laal Singh Chaddha succeeds most is heart, notes Sukanya Verma.
When Applause Entertainment completed five years, the makers invited everyone over for a grand party.
Some BJP workers in the area have expressed unhappiness over her candidature.
Domestic giants Mumbai on Thursday broke the world record for highest margin of victory in the history of first-class cricket as they crushed minnows Uttarakhand by a staggering 725 runs on the fourth day of their Ranji Trophy quarter-final.
Glimpses of Vijay Shekhar Sharma's joy during the IPO listing ceremony on the BSE.
Bulls might be on the rampage on Dalal Street but lofty valuations of the Indian equities present a reason for concern and the markets could perhaps witness up to 10 per cent correction, according to analysts. Benchmark indices have been on a record-breaking rally lately and August witnessed the stock market reaching many new highs. The BSE benchmark soared over 9 per cent last month.
India 'B' blanked Estonia 4-0 in the second round of the Open section in the 44th Chess Olympiad in Mamallapuram, Chennai, on Saturday while the second-seeded India 'A' team defeated Moldova 3.5-0.5 to make it two wins from as many matches.
'This has been both challenging and inspiring for me.'
IMAGES from Day 3 of the Ranji Trophy final played between Mumbai and Madhya Pradesh at M Chinnaswamy Stadium in Bengaluru on Friday.
'... the restaurant industry, our industry... Everyone is in the same boat.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances