While Indian brands are giving foreign ones competition, especially in premium whisky segment, they are held back by 'discriminatory' taxes & bias towards foreign players, say industry insiders.
Trend could be partly due to people starting to drink at home more during pandemic & using the money saved to buy more expensive beverages, says report by Antique Stock Broking.
Although the reason for delay wasn't clear, previous sticking points have included a steep import duty on British whiskey and India's demand for more visas for students and businesses.
The idea behind clubs like All Things Nice & Dram Club was the realisation that whisky-obsessed India 'knows little about the spirit — or any other alcohol for that matter'.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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