New Delhi, June 26 -- Delhi recorded a nearly 17% increase in excise revenue during the first two months of the current financial year, a rise officials attributed to improved availability of liquor brands and greater stability in the retail market after the city government extended the existing excise policy for another year.

According to official figures shared by government officials on Thursday, the excise department collected Rs.1,038 crore in April and May combined, compared with Rs.885 crore during the same period last year. The collections were also higher than the Rs.922 crore recorded during April-May 2024, indicating a steady increase in excise receipts over the past two years, an official aware of the figures said, requesting...