Government of India suspends 10.5% cotton import duty from 1 June for five months, easing raw material costs for spinning and apparel hubs in Tiruppur, Ludhiana, Surat and Coimbatore. Move backstops $35.7 bn FY26 textile export target against a 3.7 mn bale domestic shortfall.

Mint · Industry · 6/1/2026, 5:33:32 AM

Asian Paints posted Q4 revenue of Rs 9,247 cr (+10.6%) and net profit of Rs 1,172 cr (+69.4%), with Ebitda margin at 19.3%. Management guided 8-10% volume growth for FY27 alongside 11%+ price hikes. Jefferies and Macquarie stay Buy; Citi and Goldman Sachs hold Sell despite raising targets.

NDTV Profit · 6/1/2026, 2:12:50 AM

Centre suspends 11% cotton import duty from Jun 1 to Oct 30, 2026 as domestic supply of 292.15 lakh bales trails 337 lakh bale demand. Move targets 10-15% price surge squeezing textile and apparel makers losing ground to Bangladesh and Vietnam, with imports already covering 15% of cotton and 20% of yarn needs.

Indian Express · Business · 5/31/2026, 4:56:16 AM

Government suspends 11% cotton import duty from June 1 to October 31, a five-month window aimed at cooling raw material costs for textile and apparel manufacturers, particularly MSMEs and exporters squeezed by elevated domestic cotton prices.

Times of India · Business · 5/30/2026, 9:28:31 PM

Government of India exempts all customs duties on cotton imports from June 1 to October 30, 2026, a five-month window aimed at easing input costs for textile MSMEs. AEPC and CITI back the move as a lever for export competitiveness toward the $100B-by-2030 apparel target.

Times of India · Business · 5/30/2026, 5:14:58 PM

Centre suspends 11% cotton import duty from June-October 2026 to plug a 50-70 lakh bale deficit. SIMA, AEPC and CITI back the move, expecting relief for MSME garment exporters battling a 2.2% YoY drop in $35.79 billion FY26 shipments and parity with Asian rivals.

BL · Consumer & Economy · 5/30/2026, 1:37:29 PM

FSN E-Commerce Ventures touched ₹285.65 intraday, lifting market cap to ₹78,260 Cr after Q4 net profit surged 4X to ₹78.8 Cr on 28% revenue growth. FY26 profit climbed 182% to ₹203.9 Cr on ₹10,022 Cr revenue. Physical footprint expanded to 313 stores with 76 additions across 20 new cities. Morgan Stanley, HSBC, Citi, CLSA and Jefferies stay largely constructive.

Inc42 · 5/22/2026, 8:15:39 AM

ITC stock fell to ₹304.50 after GST on cigarettes jumped from 28% to 40% of retail price. FMCG arm impressed with 15% revenue growth and 200bps EBIT margin expansion to 8.3%, while cigarette EBIT beat consensus by 15%. But brokerages model FY27 cigarette volumes down 8% and EBIT down 17%, with target prices spanning ₹290-394.

The Hindu BusinessLine · 5/22/2026, 6:41:08 AM

Q4FY26 net profit rose 4.9% to Rs 5,113 cr and EBITDA margin held at 40%, but revenue fell 7% to Rs 16,050 cr. Brokerages flag cigarette tax-hike drag; stock down 29% over 12 months as Jefferies, Citi, Morgan Stanley, JPMorgan and Macquarie stay cautious.

NDTV Profit · 5/22/2026, 5:11:00 AM

ITC posted Q4FY26 net profit of Rs 5,113 crore (+4.9% YoY) on price hikes, even as revenue fell 7% to Rs 16,050 crore. EBITDA margin expanded to 40%. Jefferies trimmed TP to Rs 350 from Rs 400 citing cigarette tax hike risk in Q1FY27; Citi, MS, JPMorgan, Macquarie held ratings with cautious near-term view.

NDTV Profit · 5/22/2026, 3:07:30 AM