In the past two quarters, the investment part of GDP grew just 3.6% and 4%, respectively, in real terms. The ‘twin balance sheet’ problem faced by banks and corporates is often attributed for the slow growth in investmentBut data shows that is not the case. Mint takes a look
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1 min read13 Aug 2007The 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