Morgan Stanley has lowered its inflation forecast for 2017 to 3.1% from 3.6% earlier citing relatively benign outcomes of GST and monsoon
1 min read30 Jul 2017Economists lowered their CPI forecasts for the 2018 and 2019 fiscal years to 4% and 4.75%, respectively, from 4.5% and 5% in last month's survey after inflation fell to a record low 2.18% in May
1 min read29 Jun 2017The 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