FMCG giant ITC reported a decline in quarterly profit as higher taxes on cigarettes and rising costs put pressure on margins. The company said recent excise duty hikes affected its core tobacco business, leading to weaker earnings growth.
A leaked Pakistani diplomatic cable has reignited debate over former PM Imran Khan’s removal from power in 2022. The document reportedly suggests that US officials were unhappy with Khan’s foreign policy stance, especially his Russia visit during the Ukraine conflict.
