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Global alcohol firms demand 40 billion rupees from Telangana in payments row, sources say

January 9, 2025
Finance

NEW DELHI, Jan 9 (Reuters) – Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about 40 billion rupees from Telangana, where Heineken suspended supplies this week in an unprecedented move, three industry sources said. India is the world’s eighth-biggest alcohol market by volume, with annual revenues that Euromonitor estimated last year at 3,848 billion rupees. Its states individually regulate pricing of alcohol products, which are major contributors to their revenue. Heineken’s United Breweries has said it will halt supplies to southern Telangana, India’s biggest beer consumer, because of delayed payments and lack of

Separatists attack a government office and burn a police station in restive southwest Pakistan

January 9, 2025
Politics

QUETTA, Pakistan, January 9, 2025 (AP) — Dozens of armed Baloch separatists seized a government office, robbed a bank and partially burned a police station in a remote district in southwestern Pakistan before fleeing when security forces arrived, police said Thursday. The outlawed Baloch Liberation Army claimed responsibility for the attack Wednesday in Khuzdar in Balochistan, where analysts say separatists are becoming as large a threat to national security as the Pakistani Taliban. There were no casualties in the attack, authorities said. Suhail Khalid, a local police officer, said the insurgents fled when security forces arrived and the situation was

Kejriwal targets Centre, demands inclusion of Delhi’s Jat community in Central OBC list

January 9, 2025
Politics

New Delhi, Jan 9 (PTI) As Assembly elections draw closer in Delhi, AAP convenor and former chief minister Arvind Kejriwal on Thursday accused the BJP-led Central government of reneging on its promise to provide reservation to the capital’s Jat community. Speaking at a press conference, Kejriwal said he wrote to Prime Minister Narendra Modi, demanding the inclusion of Delhi’s Jat community in the Central OBC list. He also accused the Centre of misleading the community for the past decade, and failing to deliver on its promises. “In 2015, the BJP invited Jat leaders to the prime minister’s residence and assured

New RBI chief seeks to improve forecasts, sources say

January 9, 2025
Finance

MUMBAI, Jan 9 (Reuters) – New RBI governor Sanjay Malhotra has initiated a review of the Reserve Bank of India’s inflation and growth forecasting tools to minimise projection errors, four sources said. Malhotra, who took charge last month, is asking the RBI’s internal teams to include new datasets, analysis and projections in their inflation and growth forecasts, sources aware of the central bank’s thinking said. None of the sources wished to be identified as they are not allowed to speak with the media. The RBI did not immediately respond to a Reuters’ email seeking comment. The review comes amid increased

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