Nikkei/Markit Services PMI sank to 46.7 in Nov from Oct's 54.5, the first time since June 2015 that the index has gone below the 50 mark that separates growth from contraction
2 min read5 Dec 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared