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SCOTCH IMPORT TARIFF INDIA
Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
India's FTAs to open new export opportunities as country eyes $1 trillion milestone: IIFT VCIndia's trade deficit is likely to persist as long as the country remains dependent on oil imports, although rising exports of value-added ...
United Spirits' mass-market liquor sales slump as inflation squeezes lower-income consumers, premiumisation takes centre stageUnited Spirits is facing subdued demand in its mass-market liquor portfolio as inflation squeezes lower-income consumers, while regulatory ...
Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...
India, Volkswagen clash in court over record $1.2 billion tax disputeIndia defended its record $1.2 billion tax demand against Volkswagen in a Mumbai court on Thursday, saying the German company never provide...
'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...
India, Mexico begin talks for trade pact; aim to boost commerce, investmentsIndia and Mexico have initiated negotiations for a preferential trade agreement to enhance bilateral trade and investment. The agreement ai...
India's soybean imports surge to record as domestic prices rallyIndia's soybean imports significantly increased to 1.1 million metric tons in 2025/26 compared to the previous year. Rising domestic prices...
Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...
No pressure from US to cut Russian oil imports, Oil minister Hardeep Singh Puri saysOil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh...
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush GoyalIndia and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal...
India's gold import route changing course for a benefit all jewellers wantIndia is diversifying its gold import sources as expanding domestic refining capacity, tax incentives and the India-UAE trade pact reshape ...
Is India a “shadow transshipment” hub? The data says otherwiseBetween 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relatio...
Gap apparel supplier Gokaldas eyes doubling Europe exports share to cut US relianceGokaldas Exports, a prominent Indian apparel supplier, expects to increase its export share to Europe significantly. The company currently ...
A little Nashik goes a long way in ItalyThis month saw a Nashik company make waves by exporting wine equipment to Italy, a clear demonstration of India's burgeoning potential in t...
India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...
'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...
India could be among top 5 global markets for Glenfiddich maker as whisky drinkers trade upIndia is projected to enter the top five global markets for William Grant & Sons in the coming years. The free trade agreement with the UK,...
Tariff quota notified for New Zealand fruits, honeyKiwifruit imports will qualify for zero customs duty under the tariff rate quota (TRQ), subject to a minimum CIF value of $1.80 per kg whil...
India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...