E-PaperAlco News
Pernod Ricard India to invest up to ₹1,800 crore to set up malt spirit distillery in Nagpur
Once complete, the distillery will be one of the largest in India, capable of producing up to 60,000 litres of malt spirit a day.
2 min read23 Feb 2024Liquor consumption slows to 4% in 2023 amid higher taxes, finds excise data
Whiskey, brandy, and rum saw modest growth in volume, while vodka and gin experienced stronger growth in the spirits segment.
2 min read15 Feb 2024Send Scotch in barrels please, India tells UK
Bottled whisky may not find place under India-UK FTA
3 min read30 Jan 2024Budget 2024 brew: Alcobev players pitch for uniform tax, excise duty cuts; ENA price relief, input tax credit hold key
Budget 2024: The Indian alcohol industry stakeholders, in a concerted voice, seek closure of tax on ENA and a uniform tax system across the country. They also underscore the need for input tax credit.
5 min read18 Jan 2024Alco-bev industry in tight spot over shrinking margins as states keep MRP constant: ISWAI's Nita Kapoor
The domestic alcohol industry is caught in a squeeze play. Soaring raw material costs are taking a toll on margins as state governments keep MRP unchanged. The price of extra-neutral alcohol, a key raw material, has gone up by 53% since 2018.
3 min read17 Jan 2024Liquor industry in high spirits as holiday season is around the corner, premium brands to boost sales
The October-December quarter is the peak season for the domestic industry as demand for premium alcoholic beverages surges
6 min read21 Dec 2023Are You a Wine Geek?
It’s a trendy term, but what does true geekery entail? To find out, our wine columnist consulted sommeliers, oenophiles and even an AI chatbot.
5 min read29 Jun 2023How America’s New Favorite Beer Hammered the Competition
Modelo Especial dethroning Bud Light was a decade in the making—and its coronation began with one man blocking a $20 billion deal
6 min read29 Jun 2023'Employee submitting forged documents...unfit to be employed,' says Delhi High Court
‘Employees who are guilty of submitting forged documents to their employer, have to be dealt with rigorously,’ Delhi High Court said
1 min read21 May 2023Karnataka's poll campaigning ends; Here's how BJP, Congress wooed voters
Prime Minister Narendra Modi held 19 public meetings and six roadshows in Karnataka whereas Congress leader Rahul Gandhi campaigned for 12 days
3 min read9 May 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared