The Kerala government has raised liquor prices and court fees to generate additional funds for development works. The excise duty on Indian-made foreign liquor (IMFL) has been increased by Rs 10 per litre, aiming to generate revenue of Rs 200 crore. Additionally, court fees and electricity duty for self-power generation have been increased. The budget also focuses on enhancing the agricultural sector, extreme poverty eradication, and the cooperative sector.
F&O Talk: Nifty’s bullish structure intact after best week in 5 years; Sudeep Shah on HDFC Bank strategy, picks 5 stocks this festive season
Nifty surged 8% to post its strongest weekly gain in five years, supported by improving technical indicators and bullish momentum. SBI Securities’ Sudeep Shah discusses