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LIQUOR CONSUMPTION TRENDS 2024
Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- WB liquor retailers allege Rs 300 crore collected as unauthorised transport charges, seek probeWest Bengal liquor traders claim over Rs 300 crore was collected from them between 2022 and 2025. They allege these are unauthorized transp...
- Assam brings in MGR for liquor licences; prices likely to rise from July 1Assam's excise laws have been amended. A new provision, Minimum Guaranteed Revenue, will be introduced for liquor license holders. This wil...
- Beer sales rise 10% in Delhi this May as popular brands regain shelf spaceBeer sales in May surged by nearly 10% year-on-year in Delhi, fueled by the return of popular national brands to retail shelves. These nati...
- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...
- How Gen Z became the most important customer in FMCGYoung consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, a...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- Varanasi to shift meat, fish and poultry shops out of city to these five locations before Sawan monthVaranasi meat and fish ban news: Varanasi Municipal Corporation plans to relocate hundreds of meat, fish, and poultry shops outside city li...
- A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- From gym tubs to kitchen staples: Protein becomes India’s new food trendIndia's food market is seeing a surge in protein-enriched products. These items are moving beyond fitness enthusiasts to everyday consumers...
- FY26 growth higher than anticipated, shows India's resilience: MoSPI SecretaryIndia's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resil...
- This 'Red Card' shakes up Mizoram's prohibition policyMizoram's ZPM government will now issue permits for liquor consumption on medical grounds. Residents can apply for a 'Red Card' with a pres...
- Ladakh's new excise policy eases restrictions on liquor saleLadakh's new Excise Policy permits hard liquor sales, reduces license documents from 16 to six, and expands availability to four more distr...
- Pune Hooch tragedy kills 15; 8 arrestedAt least 15 people have died and several others hospitalized after allegedly consuming suspected spurious liquor in Pune and Pimpri-Chinchw...
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