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'.
The ISA should champion a Global Solar Asset Registry for standardised project information, and establish a Solar Credit Guarantee mechanism to mitigate political and currency risks.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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