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INFLATION AND ALCOHOL CONSUMPTION
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...- Keenly watching India-US trade deal developments: Brown-Forman India MDBrown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bil...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
- Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
- These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
- India’s growth momentum strengthens on festive demand, resilient consumption: RBI BulletinIndia's economy accelerated in October, driven by strong festive spending, robust urban and rural consumption, and GST rate cuts. Despite e...
- Brewer Molson Coors names insider Rahul Goyal as CEOGoyal, currently chief strategy officer at the Coors Light maker, is set to assume the role on October 1. He has been with the company for ...
- Expects 6-7% volume growth, GST reforms to spur alcoholic beverage consumption: UBL CEO & MDUnited Breweries Ltd anticipates a 6-7% volume growth this fiscal year, despite rain-related setbacks in key states. Premiumization is expe...
- How US alcohol tariffs may hurt some businesses, hike prices for AmericansAmerican consumers may soon face higher prices for their favorite alcoholic beverages due to U.S. tariffs on European goods. Scotch whisky ...
- Demand for alcohol more resilient than several consumer goods segments, says Diageo India MDDemand for liquor in India showed improvement in the December quarter due to increased consumer social occasions and overall festive sentim...
- United Spirits in talks with Haryana government to permit spirits in workplacesUnited Spirits, India's biggest liquor firm, said it is in discussions with the Haryana government to allow spirits at workplaces after the...
- Regulatory overhangs to pose challenges for India's alcoholic beverage industry: United SpiritsIn states, where the government controls pricing, a price increase is based on government notifications, while in states where retailing is...
- View: Making a case for regulating alcohol consumption and eliminating illicit brewsStates should assign higher priority to revamping their excise administration and policing. Moreover, the capability of the health system i...
- Beer, spirit companies break out the bubbly as sales hit 10-year highThe pandemic hit beer and spirit makers as bars, restaurants and pubs across the country operated with low footfalls and restricted travel ...
- Alcobev cos note improving recovery and growth in premium spirits category post pandemic: Emkay Global reportCompanies highlighted the impact on the regular segment as consumers downtraded to cheap or country liquor in some states amid the pandemic...
- Indians cut down on alcohol and cigarettes as pandemic limiting extra expensesAs per the latest Euromonitor International report, this year there will be a steep almost 40% decline in single malt scotch whiskey sales ...
- Jan Dhan accounts keep villagers sober, slow rural inflation: Study“We observed that there is both statistically significant and economically meaningful drop in consumption of intoxicants such as alcohol an...
- Stiff norms curbing profit growth in alcoholic beverages market in India: Moody's reportRestrictive regulations, including progressive taxation and pricing controls are curbing profit growth in alcoholic beverages market.
- Blended fuel could add to pressure on caneWhile Brazil has cut ethanol blending on short supply, India is implementing the plan here, raising many questions.
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