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

[ad_1] 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…

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Larry Ellison, Elon Musk, Donald Trump & more: How world’s richest 500 people added a whopping $2.2 trillion to their wealth in 2025

[ad_1] Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global…

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Export push: Govt unveils Rs 7,295 crore credit support package; interest subvention, collateral guarantee for exporters

[ad_1] The government on Friday announced a Rs 7,295-crore export support package aimed at improving exporters’ access to credit, comprising a Rs 5,181-crore interest subvention scheme and a Rs 2,114-crore collateral support measure, officials said.Both interventions will be implemented over a six-year period from 2025 to 2031 and form part of the Rs 25,060-crore Export…

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