India co-sponsors GCC-led UNSC resolution against Iran | India News

NEW DELHI: India co-sponsored a resolution in UN Security Council that condemned the “egregious” attacks by Iran against Gulf Cooperation Council countries and Jordan and demanded immediate cessation of all attacks by Tehran while denouncing its threats of closure of the Strait of Hormuz.The 15-nation Security Council, currently under the presidency of the US, adopted…

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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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