India reportedly assures liquor companies it will honor UK pact's Scotch tariff cut

New Delhi reportedly investigated major liquor companies and told them bulk Scotch imports were ineligible for the pact's tariff cut from 150% to 75%. Commerce Secretary Rajesh Agrawal reportedly said steps were being taken so the duty concession would not be impaired. A person familiar with the meeting said the dispute might be moving toward a resolution.