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BULK SCOTCH WHISKEY TARIFFS
Why is India's probe of Scotch imports from Britain rattling liquor majors?India's investigation into bulk Scotch whisky imports has triggered the first major trade dispute under the India-UK free trade agreement. ...
India-New Zealand FTA: Expanding India’s footprint in OceaniaMore than a trade deal, the India-New Zealand FTA is a strategic gateway to new markets, fresh investment and stronger capabilities, positi...
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nearsBusinesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in fav...
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nearsA trade investigation into Vietnam's intellectual property practices is nearing a conclusion with a November 29 deadline. Various industrie...
AB InBev sets aside $30 million for unpaid Telangana dues as delayed payments squeeze brewersAnheuser-Busch InBev has earmarked $30 million for overdue payments from the Telangana government. This situation highlights the challenges...
Democratic wins would shift Congress' trade debate but fall short of US tariff rollbacksIf Democrats gain control of Congress, they will challenge many of Trump's tariffs through legislation and oversight. The party aims to rep...
Binance to resume withdrawals after recovering bulk of $6 billion in stolen fundsBinance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange ha...
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...
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 ...
Supreme Court asks poll panel to examine bulk filing of Form 7 in Uttar PradeshThe direction came after the court was informed about alleged irregularities in the filing of Form 7 applications, including instances in w...
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...
In 1882, a pipeline helped silver boomtown Candelaria, Nevada, grow to about 1,000 people; after the 1893 financial panic, it declined, and its post office closed in 1939Candelaria emerged as a bustling boomtown in 19th-century Nevada, only to face dire water shortages. Although a dependable water pipeline w...
India's pharma exports rise 4.9% to USD 16.14 bn in H1; shipments to Europe up nearly 10%: PharmexcilIndia's pharmaceutical exports increased nearly 5 percent, reaching USD 16.13 billion in the first half of the fiscal year. Growth was driv...
India jewellers hold off gold buying, betting prices will dropIndian jewellers are delaying gold purchases ahead of the festive season, betting that prices will fall further after dropping below $4,000...
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...
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,...
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...