India probes Pernod Ricard, Diageo over Scotch whisky imports under UK trade pact
https://timesofindia.indiatimes.com/business/india-business/india-probes-pernod-ricard-diageo-over-scotch-whisky-imports-under-uk-trade-pact/articleshow/135050775.cms

Indian tax authorities are examining whether Pernod Ricard and Diageo wrongly classified bulk Scotch whisky imports for lower tariffs. The investigation follows reduced import duties under the recent India-UK trade pact that came into effect on July 15. Tax inspectors visited Pernod Ricard’s headquarters and searched Diageo’s offices regarding these classifications. Both companies claim they are cooperating fully with the authorities during the investigation.

India shelves coal import plan as high global prices, weak rupee raise costs
https://timesofindia.indiatimes.com/business/india-business/india-shelves-coal-import-plan-as-high-global-prices-weak-rupee-raise-costs/articleshow/135051117.cms

India has decided not to mandate coal imports for power plants due to high international prices and a weaker rupee. Coal stockpiles have reached critically low levels at many power stations, prompting concerns about electricity shortages in the country. Policymakers are focusing on boosting domestic coal production and improving transportation to mitigate the situation.

Trade margins on 137 cancer drugs capped, but will bills get lower?
https://timesofindia.indiatimes.com/business/india-business/trade-margins-on-137-cancer-drugs-capped-but-will-bills-get-lower/articleshow/135055741.cms

Food quality on trains to get better? IRCTC and QCI to crack down with surprise audits
https://timesofindia.indiatimes.com/business/india-business/indian-railways-cracks-down-on-food-quality-issues-after-passenger-complaints-irctc-partners-with-qci-for-surprise-audits-on-trains-and-stations-with-digital-evidence-to-speed-up-action/articleshow/135045412.cms

Indian Railway Catering and Tourism Corporation Limited (IRCTC) has entered into a strategic Memorandum of Understanding (MoU) with Quality Council of India to strengthen compliance with food safety and hygiene standards across the railway system, according to a statement issued by the Railway Ministry. As part of the system, inspectors will use a mobile application to record their findings, with geo-tagging, time-stamps and photographic evidence made mandatory.

Rising crude, lender-margin squeeze take toll on Dalal-Street
https://timesofindia.indiatimes.com/business/india-business/rising-crude-lender-margin-squeeze-take-toll-on-dalal-street/articleshow/135059426.cms

Crude holds near $110 per barrel as Middle East tensions keep supply concerns alive
https://timesofindia.indiatimes.com/business/international-business/crude-holds-near-110-per-barrel-as-middle-east-tensions-keep-supply-concerns-alive/articleshow/135059405.cms

Currently hovering around $110 a barrel, oil prices are influenced by escalating geopolitical tensions involving Russia and Saudi Arabia. Washington's recent move to relax restrictions on Russian energy exports has shifted market impressions. Attacks claimed by Yemen's Houthis on Saudi facilities have further heightened stability concerns. As a result, prices remain resilient above $100, prompting traders to carefully evaluate the ramifications for global energy security.

Tata Trusts row: SDTT files response to commissioner
https://timesofindia.indiatimes.com/business/india-business/tata-trusts-row-sir-dorabji-tata-trust-files-response-to-commissioner/articleshow/135059462.cms

Harish Bhat resigns from Trent board after 12 years
https://timesofindia.indiatimes.com/business/india-business/harish-bhat-resigns-from-trent-board-after-12-years/articleshow/135059481.cms