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Excise Policy: The maximum basic quota of IMFL will be 700 lakh proof litres and 1,200 lakh proof litres for the country liquor for the year 2024-25. The QR code-based track and trace system that was introduced in 2023-24 for IMFL and country liquor will be extended to imported foreign liquor as well, said the statement. The minimum retail sale prices of imported liquor brands will be fixed by the department to streamline the business, it said.

Major e-commerce companies in India, including Amazon and Flipkart, support the IS 19000:2022 standard to combat fake reviews through a Quality Control Order, focusing on trustworthiness, consumer complaints, responsibilities of authors, and the enforceability of standards.

Vero Centre, a flagship office asset in the companys portfolio, is being sold at a discount of 1.9% to its last years September valuation, but at a property-level return of 11% from inception, Kiwi Property said in an exchange filing.

The bank, which nevertheless posted an increase in quarterly profit, also announced that its finance chief would leave, news that comes weeks after a new chief executive was appointed.

In a speech on the housing sector RBA Assistant Governor Sarah Hunter said there were signs that builders were considering new projects given the strength of underlying demand, but high costs for products and labour were holding them back.

Record high interest rates, imposed by the ECB to bring down inflation, have taken a toll on house prices, particularly in countries where there had been boom when rates were low, such as Germany.

Government proposes measures to crack down on pesky calls by holding entities accountable for contacting people through unregistered numbers.

U.S. fund firms PGIM, LaSalle and Nuveen, Canadas Brookfield and QuadReal, Britains M&G, Schroders and Aviva, and Frances AXA all told Reuters they plan to increase their credit exposure to property.

The CBI has arrested former DHFL Director Dheeraj Wadhawan in connection with the alleged defrauding of a 17-member lender bank consortium to the tune of Rs 34,000 crore, officials said Tuesday.

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