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Decline in passenger traffic to hurt Delhi airport's credit metrics

Passenger traffic at Delhi's Indira Gandhi International Airport declined 12.7% during May 2019 against a year agoAlthough financial projections had factored in a slowdown in traffic growth in fiscal 2020, a more severe-than-expected downturn will put pressure on the airport's revenue: Moody’s

2 min read4 Jul 2019

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Budget

The 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

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