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Is India losing out on a ready-to-boom cannabis market by not legalising its use?

Looks like it’s not just the beverage companies that have an interest in cannabis. The trend now extends to the beauty industry.

Health ministry calls for halting sales of e-cigarettes, smoking devices

The health ministry said it was possible that children and non-smokers using such products could switch to cigarettes once they get addicted to nicotine.

Why vaping is on the rise

The use of e-cigarettes, known as vaping, is on the rise. Silicon Valley e-cigarette start-up Juul Labs made news recently by raising $650 mn as part of an investment round aimed at $1.25 bn. Here's a look at vaping:WHY E-CIGE-cigarettes are batterypowered devices that vaporise a liquid solution, creating an aerosol that is inhaled, simulating the feeling of smoking. Is this a better alternative than cigarettes? The jury is still out. But remember that e-cigarettes have nicotine and/or other chemicals. Besides, the long-term effects of vaping are not yet clear.INSIDE AN E-CIGE-cigarettes convert liquid nicotine into a mist for inhalation. The

India's tobacco exports rise 7% to Rs 1,447.80 cr in Apr-Jun

In volume terms, the export of both tobacco and its products rose by 2.65 per cent to 53,213 tonnes during the April-June quarter of the 2018-19 fiscal.

Share of duty-paid cigarettes down substantially due to increase in tax: ITC

ITC said the tax on cigarettes has nearly trebled over the last six years whereby the taxation is about 50 times higher than other tobacco products.

DIPP calls meeting of stakeholders on FDI in tobacco sector

Currently, FDI is prohibited in manufacturing of cigars, cigarettes and tobacco substitutes. However, it is permitted in technology collaboration in any form.

Quitline no, enhanced warnings on tobacco packs from Sept

The Health Ministry issued a notification yesterday making amendments on using the new warnings and including the quitline number.

ITC merges tobacco leaf, agri-business units

Kolkata-based ITC named Sanjiv Rangrass the chief executive of the merged, Rs 8,265-crore, agri-business which was earlier headed by S Sivakumar.

Budget 2018: Cigarette industry heaves a sigh of relief after six years

An industry executive said the tobacco industry was expecting no changes in the taxation rate in the Budget since after the introduction of GST any such decision will be taken by the GST Council.

GST anti-evasion: Cess likely on pan masala at manufacturing stage

The Council will look at levying the cess at the manufacturing stage based on production capacity as against the current practice of imposing it on supplies made by the manufacturer.

Higher tax on cigarettes keeps industry under pressure: ITC

The cumulative growth in tax incidence on cigarettes, after cognising for the latest increase in cess rates, stands at 202 per cent in last six years, ITC said in its earnings release.

Disincentivise cigarette smuggling through tax policy: FAIFA

"We appeal to the government to have a taxation policy, that disincentivises cigarette smuggling," FAIFA General Secretary Murali Babu said in a statement.

FAIFA demands roll back of cess on cigarettes

The association's General Secretary Murali Babu said the huge growth of illicit trade of cigarettes is a reflection of the unintended consequences of steep increases in taxation.

Government asks FICCI to close stall selling herbal cigarettes at wellness fair

Arora also pointed to other violations, including display of cigarettes at the counter and a person promoting cigarettes in the stall with a display board on his back.

Centre planning to put toll-free 'quitline' number on tobacco packets

The National Tobacco Cessation QuitLine-1800 227787 is a dedicated toll-free number that helps tobacco users to receive free support and guidance to subdue their addiction.

TOBACCO STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
Nifty FMCG27164.45-541.35-1.950
ITC268.7-4.5-1.659814743
VST Industries2596.95-59.1-2.233449
Godfrey Phillips India682.810.61.58144730
Kothari Products87.2-2.55-2.843618
Golden Tobacco26.750.10.38160
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