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'.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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