"fiscal impact."

#13388264

1 March 2026

A general view of a food aisle of a supermarket in Lisbon, Portugal, on March 1, 2026. The European Central Bank expects food inflation to remain slightly above its 2% target through late 2026, keeping pressure on household grocery costs and consumer budgets across the euro zone.

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#13388261

1 March 2026

Cleaning products are on display in a supermarket in Lisbon, Portugal, on March 1, 2026. The European Central Bank expects food inflation to remain slightly above its 2% target through late 2026, keeping pressure on household grocery costs and consumer budgets across the euro zone.

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#13388263

1 March 2026

A frozen food fridge is on display in a supermarket in Lisbon, Portugal, on March 1, 2026. The European Central Bank expects food inflation to remain slightly above its 2% target through late 2026, keeping pressure on household grocery costs and consumer budgets across the euro zone.

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#13259698

31 January 2026

Indian women work in a paddy field ahead of the presentation of the Union Budget 2026-27 by Union Finance Minister Nirmala Sitharaman in Nagaon District, Assam, India, on January 31, 2026.

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#13259702

31 January 2026

Indian women work in a paddy field ahead of the presentation of the Union Budget 2026-27 by Union Finance Minister Nirmala Sitharaman in Nagaon District, Assam, India, on January 31, 2026.

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#13259696

31 January 2026

An Indian farmer carries rice saplings in a paddy field ahead of the presentation of the Union Budget 2026-27 by Union Finance Minister Nirmala Sitharaman in Nagaon District, Assam, India, on January 31, 2026.

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#13252214

29 January 2026

A customer holds a packet of cigarettes while buying it from a shop in Siliguri, India, on January 29, 2026. According to news reports, cigarette prices in India are set to rise by 15-40% from February 1, 2026, due to new excise duties and a 40% GST.

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#13150926

3 January 2026

A man smokes a cigarette at a street side in Kolkata, India, on January 3, 2026. From February 1, pan masala, cigarettes, tobacco, and similar products attract a GST rate of 40 percent, while biris attract an 18 percent Goods and Services Tax (GST), according to a government notification. Additionally, a Health and National Security Cess is levied on pan masala, while tobacco and related products attract additional excise duty.

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#13149153

2 January 2026

A man smokes a cigarette along a street in Srinagar, Jammu and Kashmir, on January 2, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149155

2 January 2026

A man smokes a cigarette along a street in Srinagar, Jammu and Kashmir, on January 2, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149152

2 January 2026

A man holds a cigarette packet with graphic pictorial warnings in Srinagar, Jammu and Kashmir, on January 02, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149156

2 January 2026

A man holds a cigarette packet with graphic pictorial warnings in Srinagar, Jammu and Kashmir, on January 02, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149157

2 January 2026

A man holds a cigarette packet with graphic pictorial warnings in Srinagar, Jammu and Kashmir, on January 02, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149158

2 January 2026

A man holds a cigarette packet with graphic pictorial warnings in Srinagar, Jammu and Kashmir, on January 02, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13149159

2 January 2026

A man holds a cigarette packet with graphic pictorial warnings in Srinagar, Jammu and Kashmir, on January 02, 2026. India imposes an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry says in an order late on Wednesday. The move could increase prices of cigarettes for an estimated 100 million smokers in the world's most populous country.

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#13108715

18 December 2025

People take part in a weekly protest by retirees against Argentine President Javier Milei's austerity policies outside the National Congress in Buenos Aires, Argentina, on December 17, 2025.

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