scorecardresearch
Thursday, May 9, 2024
TopicExcise policy

Topic: Excise policy

Alcoholic beverage industry wants inflation-linked pricing model to offset rising input costs

In India, alcohol prices are controlled by individual states. Industry says it’s seeking the change to cover up its costs and not for commercial gains.

Delhi HC seeks response from ED on AAP MP Sanjay Singh’s bail plea in excise policy case

Arrested by ED on 4 October last year, Singh has challenged a trial court’s 22 December order dismissing his bail plea in the money laundering case.

Five reasons UP excise policy is minting money while Delhi’s fell through

Scrapped Delhi excise policy followed a licence-based model with high licence fees & low excise duty, whereas UP's consumption-based model does the reverse.

UP is the new liquor capital—Record revenues, home bars, model shops. Yogi govt loving it

From model stores like The Weekend, to beer brands such as Campai and Winery and brand Regina, Uttar Pradesh has left high liquor revenue states behind.

On Camera

CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.