He said the government’s recent steps to include Indian bonds in global indexes opens the door for unstable foreign capital inflows and policy makers must be vigilant about the nation’s banking sector.
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5 min read30 Dec 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