Apex body of the Indian alcoholic beverage industry, CIABC, on Thursday urged the government that any reduction in import duty in the sector should be gradual and in a controlled manner with a view to provide reasonable protection to domestic firms. Proposing a bilateral free-trade agreement, Commerce and Industry Minister Piyush Goyal last month stated that India is open to discussing import of scotch whiskey from the UK in a larger measure.

In many markets,  food delivery is now at 95 percent and in some more than 100 percent of the pre-COVID levels, according to data collated by Swiggy.

Spot gold was down 0.7 percent at USD 1,892.06 per ounce by 0306 GMT, after rising 1 percent to a 1-1/2-week high of USD 1,911.66 in the previous session. US gold futures dropped 1 percent to USD 1,898.

Muthoot Finance witnessed a 70 percent rise in footfalls in Q2 as compared to Q1, said George Alexander Muthoot, MD...