Sugar manufacturers are a happy lot as they continue to see earning triggers strengthen. On one hand, the sugar prices – in both the international and the domestic arena – remain supportive, the sugarcane price rise has been as per expectations. Notably, government measures on increasing ethanol blending are providing structural change for the sugar…
The approval was granted by the state cabinet headed by Chief Minister Yogi Adityanath In respect of ease of doing business micro-brewery licences will have the option to be renewed up to three years instead of requiring approvals every year, the New Excise Policy said The Uttar Pradesh government has given its approval to the…
Mahua, a liquor made from mahua tree, will soon be sold as ‘heritage liquor’ in the state of Madhya Pradesh. Chief Minister Shivraj Singh Chouhan said Monday that the government will soon have a new excise policy in place that will enable tribals in the state to brew liquor from the mahua tree flowers in…
(Image: For representation purpose only) Deoria, Nov 12, (UNI) Police on Friday arrested three liquor smugglers with 66 boxes of Haryana-made illicit liquor at the UP-Bihar border in Baghouchghat area of Deoria in Uttar Pradesh.A police spokesman said that the local police was carrying out vehicle checking in Pakahan market on Friday, when Pint Shahi…
Bihar Chief Minister Nitish Kumar has scheduled a high-level meeting on the state’s liquor ban on November 16. This comes after at least 32 people died as a result of consuming spurious alcohol. A total of 15 people died in Bettiah, 13 in Gopalganj, and four in Samastipur. The CM had reportedly mocked the five…
Confederation of Indian Alcoholic Beverage Companies (CIABC), which represents leading Indian alcohol beverage makers including Radico Khaitan, Globus Spirits, Allied Blenders & Distillers and Jagatjit Industries, has written to various state governments to allow companies to increase prices.Alcohol prices are controlled by individual states. “Unprecedented inflationary trends in raw material and services and transportation for…
In April 2016, the NDA Government led by Nitish Kumar enforced the stringent prohibition law in Bihar to make it a dry State but spurious liquor has been claiming the lives of poor people. In 2021, till October 31, 90 people, mostly from the lower strata of society, died after consuming spurious liquor and Deepavali…
“We are expecting the global prices to move up from here,” said Pramod Patwari, CFO at Balrampur Chini Mills, in an interview with CNBC-TV18 while discussing the Q2FY22 earnings fineprint. He mentioned that because of a very dry weather in Brazil, production came down from 38.5 million tonne to 31.7 million tonne. This year quota…
Villagers said illicit liquor was freely available in the area bordering Uttar Pradesh At least four persons died after allegedly consuming illicit liquor in Siwan district of dry Bihar, which has witnessed a series of hooch tragedies this year. The deaths occurred on Sunday night but came to light on Monday. The incident occurred in…
Many States have issued VAT Notifications levying VAT on ENA/Rectified Spirits.. Liquor Price, GST, VAT: There is a big confusion on industry on the taxability of products like Rectified spirit and Extra Neutral Alcohol (ENA) which are non-denatured spirits that contains up to 95 per cent of alcohol New Delhi: Liquor is one of the…