Retail inflation is likely to move upwards on implementation of budget proposals, so much so that RBI may go for a interest rate hike instead of the oft-demanded rate cut
1 min read12 Feb 2018CPI, a measure of retail inflation, fell to 5.07% in January from 5.21% in December while IIP, a measure of factory output, stood at 7.1% in December as compared to 8.8% in November
2 min read12 Feb 2018The 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