AGP Executive Report
Last update: 9 hours agoScotch Trade and Tax: India’s probe into bulk Scotch imports is rattling liquor companies, with officials questioning whether shipments qualify for lower tariffs under the UK trade pact. Separately, Scotch makers say the UK’s fourth duty increase in as many years pushes tax to 74% of an average bottle’s price. Brewer Payments: AB InBev has set aside $30 million for unpaid Telangana dues as delayed payments squeeze brewers. Company Results: Tilaknagar Industries reported first-half revenue of Rs 2,059 crore, up 180% year on year, with Imperial Blue gaining more than a percentage point of market share. Vietnam’s SABECO also posted higher nine-month revenue and profit. Dairy Risks: South African farmers are bracing for El Niño, which could cut pasture growth, raise feed costs and put more heat stress on cows.
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