Tax shock: ITC shares hits 3-year low after cigarette duty hike; what brokers fear next

ITC shares slid to a three-year low of Rs 345.35 on Friday, extending a sharp two-day selloff that has erased about 14% of the stock’s value after the finance ministry announced a steep increase in cigarette taxes, triggering widespread analyst downgrades and renewed concerns over volumes and profitability.The Nifty heavyweight fell another 5% on Friday,…

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‘AQI significantly improved’: GRAP III revoked across Delhi, NCR; stage I, II measures remain | India News

NEW DELHI: The Commission for Air Quality Management (CAQM) lifted GRAP 3 curbs on Friday in Delhi-NCR as air quality showed significant improvement. The air quality index dropped from 380 on Thursday to 236 by Friday afternoon.“The AQI of Delhi, which was recorded as 380 on Thursday, has significantly improved and recorded 236 at 4…

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Iran accepts cryptocurrency as payment for advanced weapons

Mindex, the export center of Iran’s Ministry of Defense, is accepting cryptocurrency payments method for advanced weapons systems as a means of bypassing international sanctions that the country faces. Prospective customers can buy weapons such as missiles, tanks and drones using crypto, amongst other accepted payment methods including Iranian rials or bartering, according to the…

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‘On path of destruction’: Congress MP’s warning for party; flags ‘unchecked conflicts’ in Tamil Nadu unit | India News

NEW DELHI: Congress MP Jothimani on Friday warned that the Tamil Nadu unit of her party was being prevented from carrying out basic election-related responsibilities and is heading towards gradual destruction due to the selfish interests of a few leaders. Taking to social media, Jothimani said the Tamil Nadu Congress Committee was moving in a…

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Office supply tightens: Delhi-NCR, Mumbai see sharp fall in new office completions; demand outpaces additions across top cities

New supply of office space declined sharply in key property markets such as Delhi-NCR and Mumbai last year, even as demand for prime workspaces remained strong across India’s major cities, according to real estate consultant Colliers, PTI reported.Delhi-NCR saw a 15 per cent fall in new office supply in 2025, while Mumbai recorded a steeper…

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Who was Siddhartha Bhaiya? Dalal Street’s smallcap specialist passes away at 47; the mind behind Aequitas’ long-term bets

(Photo credit – Aequitas) Siddhartha Bhaiya, founder and managing director of Aequitas Investment Advisors and one of Dalal Street’s most closely followed stock pickers, passed away on December 31, 2025, following a sudden cardiac arrest while on a family vacation in New Zealand. He was 47, ET reported.“It is with profound sadness that we share…

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Indore water contamination row: 10 dead, over 1,000 affected; reports flag ‘presence of bacteria’ – key findings | India News

NEW DELHI: At least 10 people have died while more the 1,400 are affected due to a diarrhoea outbreak caused by contaminated water in Bhagirathpura area of Madhya Pradesh’s Indore.“According to health department data, four people have died due to the diarrhea outbreak in Bhagirathpura. However, I have received information about 10 deaths due to…

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