Given that India runs a current account deficit, it remains vulnerable to bouts of global risk aversion, said Nomura , adding that higher oil prices and portfolio outflows are its key external vulnerabilities
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1 min read21 Feb 2008The 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