Page 3 - Alcohol

United Breweries to shut Mangalore brewery, plans Nanjangud expansion

The move is part of a consolidation effort in its brewery operations, and the company plans to expand its Mysuru brewery

Drinking alcohol, even in moderation, raises pancreatic cancer risk: WHO

New WHO study finds that drinking alcohol, even in small daily amounts, increases the risk of pancreatic cancer, one of the hardest cancers to detect and treat

India-UK FTA to make Scotch whiskies competitively priced: Pernod Ricard

The India-UK FTA will reduce Scotch import duties from 150% to 40% over 10 years, making premium spirits more affordable for Indian consumers

In FY24, Indians tightened belts but ramped up happy hours to fresh high

In fact, consumption of alcoholic beverages grew at the fastest pace since 2011-12 when the current GDP data series was launched

Diageo (USL) Q4 PAT jumps 74.6% to Rs 421 crore, revenue up 2.82%

USL reports 43% jump in Q4 PAT to Rs 421 crore, driven by strong P&A growth; NSV rises 8.9% despite fewer IPL matches, final dividend of Rs 8 per share proposed

No duty cuts on UK wines in India FTA; limited relief for British beer

India is not giving any duty concessions on British wines and is providing only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, an official said. The other sensitive agri products where India will not offer any reduction in the import duty include dairy products, apple, cheese, oats, animals and vegetable oils under the agreement with the United Kingdom. "Wine is on the exclusion list, along with several other agricultural products in the trade pact. We are also offering only a limited duty concession on British beer," the official said. India and the UK on May 6 announced the conclusion of the free trade agreement which will make British Scotch whiskey and cars cheaper in India, while reducing duties on Indian imports such as garments and leather products here. As per the agreement, India will reduce duty on UK whiskey and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of

Staggering 100% surge in alcohol-related diseases during YSRCP rule: Report

Andhra Pradesh has registered a staggering 100 percent increase in the cases of alcohol-related liver diseases during the tenure of Jagan Mohan Reddy-led YSRCP in 2019-2024 as compared to 2014-19, according to a report by an expert panel. The 3-member panel, which the Chandrababu Naidu government constituted to analyse the disease burden in Andhra, used the official health data from Arogyasri, a flagship scheme to provide quality healthcare services to the poor. Expressing concern over the panel's finding, Special Chief Secretary in the state's health department, Krishna Babu, said: "We find a startling increase in the number of liver and neurological patients in 2019-24 compared to 2014-19. We are quite concerned and we are analysing the data for further action." He also said the state government is in the process of setting up an advisory board, comprising national and international health experts, to further analyse the data to take preventive action. According to the panel repo

Scotch whiskey to get cheaper in India as import duty slashed under UK FTA

India-UK trade pact to halve Scotch whisky import duty to 75 per cent initially, then 40 per cent over 10 years; move expected to cut prices, boost exports, FDI, and premium brand access

Liquor stock in focus: Radico, United Spirits down up to 9% from day's high

India and the UK have mutually agreed on an FTA after long bilateral discussions, with broader economic impact on many sectors, including AlcoBev.

Radico Khaitan Q4FY25 results: Net profit rises 71% on strong demand

The company reported a 71% rise in consolidated net profit at 920.7 million rupees (about $11 million) for the three months ended March 31

No liquor sale in Delhi for 5 days in April-June quarter: Check dates

The national capital will observe five dry days from April to June 2025 for religious festivals, as per an excise department order

Insurers can deny health claims for alcohol-related hospitalisation

Health insurance applicants should be transparent and disclose medical history and lifestyle choices, say experts

Buy one, get one free: Why liquor stores in UP are offering big discounts

Alcohol vendors in Uttar Pradesh are trying to finish inventory before the new excise policy comes into effect on April 1: Details here

Red wine no exception: Study links all alcohol to higher cancer risk

A new meta-analysis published in Nutrients has shattered the popular belief that red wine is a healthier alcoholic option. After analysing data from 42 studies, researchers found no significant difference in overall cancer risk between red and white wine and no type of wine was shown to be safe when it comes to cancer prevention. Red wine's reputation for being healthier due to antioxidants like resveratrol doesn't hold up, said lead author Dr. Eunyoung Cho of Brown University. We found no strong evidence that red wine lowers cancer risk. Interestingly, white wine was associated with higher cancer risk in women and a 22 per cent increased risk of skin cancer in some studies though researchers noted that lifestyle factors like sun exposure could play a role. When focusing on more reliable cohort studies, the link between white wine and increased cancer risk was stronger, but no significant risk increase was seen with red wine. Still, each daily glass of red wine was linked to a 5

Amrut unveils Expedition, oldest single malt whiskey aged for 15 years

Expedition matured for eight years in a specially sourced European Sherry cask, developing deep, opulent flavours

Alcohol body seeks import duty cut in phased manner under India-UK FTA

Alcoholic beverage industry body CIABC on Tuesday urged the government to consider reducing the import duty in a phased manner under the proposed free trade agreement between India and the UK. The Confederation of Indian Alcoholic Beverage Companies (CIABC) said that the government should ensure better market access for Indian products in the UK. On February 24, Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Jonathan Reynolds announced resumption of negotiations for the proposed agreement. "The government needs to safeguard the interests of Indian liquor manufacturers while deciding on issues related to customs duty cuts and other concessions under FTAs. "Though we have already recommended to the government to cut cuts basic customs duty on spirits over a period of 10 years, we also want the government to ensure better international market access and safeguard interests of Indian companies against any dumping of products through transfe

Liquor firms' body urges govt to curb dumping, grow global market

Alcoholic beverages makers' body CIABC on Saturday urged the government to impose stringent measures to curb dumping of imported spirits and ensure greater market access for domestic products. The Confederation of Indian Alcoholic Beverage Companies (CIABC) said the Indian liquor manufacturers are not against reduction in import duty, though they have sought the import duty cuts in a phased manner. India on February 13 slashed import duty on bourbon whiskey to 100 per cent. It is mainly imported from the US. The confederation "has urged the government to address the concerns of the Indian companies and ensure a level-playing field in FTA (free trade agreement) negotiations and set in stringent effective measures to check and curb dumping of imported spirits and seeking better international access for Indian alcoholic products which face several non-tariff restrictions at present," it said in a statement. It has also requested the states to withdraw excise duty concessions given to

Booze breaks & hangover leave: Japan's IT firm is redefining work culture

Trust Ring Co, an Osaka-based IT company, believes that a little fun can go a long way in keeping employees happy

Beer gets costlier in Telangana after United Breweries' supply dispute

Company resumes distribution after 'constructive' discussion with the state government

Canada's answer to Trump's tariffs: Less US booze on store shelves

Canada has struck back at Trump's tariffs with a 25% levy on US goods, targeting US alcohol. Provinces like Ontario and British Columbia have banned US booze, escalating the trade war