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 reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.
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