The Maharashtra cabinet approved an excise duty hike on IMFL and country liquor, leading to substantial retail price increases. IMFL will now be subject to an excise duty that is 4.5 times the ...

MUMBAI: With an aim to boost revenue by Rs 14,000 crore annually, the Maharashtra cabinet on Tuesday approved the state excise department’s decision of increasi ...

Makro has been thoughtful about which items to place on this three-month long rollback, taking into consideration specific customer needs and expectations.

The Karnataka government plans to hike Additional Excise Duty on liquor sold at army canteens to boost revenue and curb misuse. Officials cite parity with neighbouring states and rising supply ...

Economists say companies generally have to pass along the cost of tariffs. But populists on the left and right say the president may have a point.

While the government of Karnataka, in the budget, had announced further rationalisation of liquor prices, it had not spelt out the details.

Economists have predicted that Trump’s tariffs would drive up prices, and many expect the impact to show up in June or July.

However, prices will vary across brands. According to Excise Department sources, brands with higher alcohol content are likely to see a more significant price rise.

With tariffs on imported alcohol days away, many liquor stores are trying to figure out how they’ll be impacted.

A trip to the grocery or liquor store is about to become even more expensive, economists say. From seafood to olive oil, these items will likely cost more under President Trump's tariffs.

Chinese liquor giant Kweichow Moutai expects single-digit sales growth in 2025 after reporting in-line net profit growth last year, with economic woes curbing demand in its domestic market.

It comes after the city of Omaha and Krush reached a settlement.READ MORE: After police body cameras presented as evidence to Omaha City Council, members recommend canceling bar's liquor ...