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Indian tobacco stocks fall as new tax is imposed on cigarettes

Indian tobacco stocks fall as new tax is imposed on cigarettes

Shares of Indian tobacco companies fell on Thursday after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in the world's most populous country. ITC, maker of Gold Flake and the market leader, dropped 4.4 per cent, while Godfrey Phillips Ind

SME board pays price for speculative excess, sheds 22pc in 2025

SME board pays price for speculative excess, sheds 22pc in 2025

The SME board of the Dhaka Stock Exchange (DSE) suffered a sharp year-on-year decline in 2025, significantly underperforming the main market index. Sixteen of the 20 SME stocks suffered erosion in market value during the period, many of which had experienced unusual surges without any fundamental

BSEC, BMBA to work together for capital market development

BSEC, BMBA to work together for capital market development

The Bangladesh Securities and Exchange Commission (BSEC) and the newly elected executive committee of the Bangladesh Merchant Bankers Association (BMBA) have committed to work together in enhancing the country’s capital market. During a courtesy meeting held on Wednesday at the BSEC building

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