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Auto component firms’ debt-equity ratio falls to lowest in a decade

Crisil data of 66 listed auto component firms shows a steady decline in the average debt-equity ratio from 1.93 in FY08 to 0.69 at the end of September 2017

2 min read29 Nov 2017

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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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