NEW DELHI India has extended excise duty concessions for automobiles, consumer and capital goods by six months to Dec. 31, Finance Minister Arun Jaitley told reporters on Wednesday.
The excise duty concessions, which were granted in February this year, were to have lapsed on June 30.
(Reporting by Rajesh Kumar Singh; editing by Malini Menon)
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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article