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...
30 Oct, 2026, 09.38 PM IST
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...
29 Oct, 2026, 11.31 PM IST
'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...
29 Oct, 2026, 12.13 PM IST
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...
28 Oct, 2026, 05.47 PM IST
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...
28 Oct, 2026, 12.18 PM IST
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...
27 Oct, 2026, 09.26 PM IST
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...
27 Oct, 2026, 11.48 AM IST
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...
26 Oct, 2026, 05.46 PM IST
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 ...
26 Oct, 2026, 01.32 PM IST
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...
26 Oct, 2026, 11.26 AM IST
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 ...
26 Oct, 2026, 09.29 AM IST
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...
24 Oct, 2026, 11.35 PM IST
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...
24 Oct, 2026, 11.16 AM IST
'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...
22 Oct, 2026, 01.11 AM IST
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,...
21 Oct, 2026, 06.32 PM IST
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...
19 Oct, 2026, 11.37 PM IST
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...
19 Oct, 2026, 07.23 PM IST