January 1, 2026

Government Hikes Tobacco Duty, Shares of Godfrey Phillips and ITC Fall Sharply

From February 1, the government will charge higher excise and health cess on tobacco and pan masala. Shares of Godfrey Phillips dropped 10%, ITC down 6.11% on BSE following the announcement.

January 1, 2026

UAE Cuts Petrol and Diesel Prices for January 2026, Reversing December Hikes

The UAE has lowered petrol and diesel prices starting January 1, 2026. Fuel prices dropped across all major types after December’s increase, easing costs for drivers and transporters.

January 1, 2026

Telangana Builds 2.47 Lakh Indiramma Houses in 2025, Plans Urban Affordable Housing Policy for 2026

Telangana grounded 2.47 lakh affordable Indiramma Houses in 2025 with ₹5 lakh aid each. Rising construction costs challenge beneficiaries. The government plans an Affordable Housing Policy for urban LIG and MIG groups in 2026.

January 1, 2026

China Imposes 55% Tariff on Aussie Beef Imports Above Quota, Slamming Trade Flows

China introduces a 55% tariff on Australian beef imports exceeding 2026 quota. Australian beef producers call it 'extremely disappointing'. The move aims to protect China's domestic cattle industry and affects trade under the China-Australia Free Trade Agreement.

December 31, 2025

Telecoms Clash with Adani Over Navi Mumbai Airport's Network Charges and RoW Denial

Telecom companies seek government help against Adani's Navi Mumbai airport for refusing right of way to set up mobile networks. The airport demands high fees and uses its own network, raising monopoly concerns.