When a borrower or an underlying security of a debt mutual fund defaults, we hear that the fund took a haircut. Here is what it means
2 min read7 Aug 2017India still remains a good investment avenue
1 min read27 Jun 2011The 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