Page 4 - Alcohol

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

Tried LSD as teenager but won't recommend it, Bill Gates in Source Code

Microsoft billionaire, Bill Gates opens up about his childhood and teenage time in his upcoming memoir, Source Code, which will be his first series of autobiographical books

United Spirits Q3 results: Net profit increases 36% to Rs 473 crore

Prestige & Above segment accounted for 89.2% of net sales during the quarter, up 1.0 ppts over the prior year. Prestige & above segment net sales increased 16.1% in Q3 FY25

Heineken's United Breweries decides to resume beer supply to Telangana

This is an interim decision taken weeks after halting the supply over pricing and non-payment of dues by the Telangana govt

Why the government must differentiate between liquor and milder forms

India needs to follow EU on Alcobev taxation to meet WHO target of reducing alcohol consumption

$466 mn debt: Telangana's liquor crisis is no happy hour for global brands

Global giants like Diageo, Pernod Ricard, and Carlsberg have suspended supplies to Telangana, which owes $466 million in unpaid dues

Alcohol stocks drop after US Surgeon General urges cancer warning on labels

US Surgeon General Vivek Murthy said in an advisory that the consumption of alcoholic drinks increases the risk of developing breast, colon, liver and other cancers

New Year sees a 'spirited' start as liquor sales surge in several states

New Year's Eve in Kerala saw liquor sales worth Rs 108 crore, while alcohol worth Rs 97.42 crore was sold on Christmas Eve. Noida, Greater Noida records Rs 14 crore liquor sales

US Surgeon General calls for cancer warnings for alcoholic drinks

It is responsible for 100,000 US cancer cases and 20,000 cancer deaths each year, more than the 13,500 alcohol-associated traffic crash deaths

Policy change, seasonal uptick to drive gains for United Spirits stock

The higher revenue is on account of changed policy in Andhra Pradesh, new launches and a higher share of the premium segment in the product mix