ICICI Securities has identified ITC as a preferred stock, citing strong growth in its cigarette business and market share gains. In the third quarter of FY25, ITC’s cigarette volume increased by 6 per ...
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India’s average import tariffs are nearly double 2014 levels, but imports have nevertheless surgedIn 2023-24, the trade-weighted average tariffs on imported goods in India stood at 12%, much higher than 7% in 2014. Yet, ...
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