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19.10.26 - 17:12
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India probes Pernod Ricard, Diageo over Scotch whisky imports under UK trade pact (Times of India)
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Indian tax authorities are examining whether Pernod Ricard and Diageo wrongly classified bulk Scotch whisky imports for lower tariffs. The investigation follows reduced import duties under the recent India-UK trade pact that came into effect on July 15. Tax inspectors visited Pernod Ricard's headquarters and searched Diageo's offices regarding these classifications. Both companies claim they are cooperating fully with the authorities during the investigation....
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14.10.26 - 17:54
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India′s WPI inflation surges to 11.39% in September on higher food, fuel prices (Times of India)
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India's wholesale price index-based inflation surged to 11.39% in September due to higher food, manufactured items, and energy prices. Wholesale inflation has risen significantly amidst global commodity inflation linked to the ongoing West Asia conflict. The rising costs have impacted various aspects of the economy, including the manufacturing sector and consumer prices. Retail inflation also increased to 5.54%, marking its highest level in 23 months....
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