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ALCOHOL PRICE HIKE
Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
Padmini Ekadashi 2026 vrat katha, timing, puja rituals, significance, mantras and guidelines to followEkadashi kab hai: Padmini Ekadashi, a significant day for worshipping Lord Vishnu, will be observed on May 27, 2026. This auspicious fast, ...
United Spirits Q4 Results: Profit jumps 27% on demand for premium liquorKarnataka, one of India's highest-tax alcohol markets, said in March it will scrap government price controls and shift to strength-based e...
Vijay-led Tamil Nadu government begins closure of hundreds of state-run liquor shopsTamil Nadu is closing 717 government-run liquor stores. These outlets are located near places of worship, schools, and major bus terminals....
No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
Iran war impact: Essential drugs may cost up to 5% more, for nowThe immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in ...
₹10, ₹20 cola bottles heating up soft drinks fight this summerSoft drink competition is intensifying as new entrants gain market share, prompting established players to boost marketing and distribution...
Cheers! Elara Capital sees 17% upside potential in United Breweries after Karnataka’s new excise policy, here’s whyKarnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...
United Spirits, other liquor stocks jump up to 7% after Karnataka CM announces excise policy revamp in BudgetShares of liquor makers like United Spirits, United Breweries, and Tilaknagar Industries rose sharply after Karnataka Budget 2026 proposed ...
Liquor prices to go up in Tamil Nadu starting February 1TASMAC's recent decision to raise liquor prices in Tamil Nadu, effective February 1, brings a Rs 10 to Rs 80 hike across categories like be...
Tipplers to pay more for liquor in Tamil NaduThe Tamil Nadu State Marketing Corporation (Tasmac), the official body to sell Indian Made Foreign Liquor (IMFL) in the state, has decided ...
West Bengal second highest in people consuming alcohol after Uttar Pradesh: StudyAccording to the study, nearly 1.4 crore people in West Bengal consume alcohol, and this sector is among the top three revenue earners of t...
Andhra Pradesh tipplers have to pay 75% more for their drinkAndhra Pradesh CM YS Jagan Mohan Reddy on Tuesday ordered a further 50% increase in liquor prices, taking the total hike in two days to 75%...
Ethanol blending may be easier said than done, feels industryThe potable alcohol industry finds it easier to pass on the hike in input costs to consumer, but it will not be so easy for the chemical in...
- Excise duty and sevice tax hike to impact profit of local alcoholic beverages
Excise duty hike on packaging and service tax increase on bottling charges will impact the profit margins of makers of local alcoholic beve...
- Liquor likely to get dearer from April
Prices of liquor are all set to increase from April this year, with liquor manufacturers planning to hike prices to offset the expected pri...
- Hic, hic hurray! Toast for wheelies
A PMO-inspired inter-ministerial move could see molasses alcohol being set aside exclusively for gasohol - ethanol blended automobile fuel ...