Raghuram Rajan. Hero Motocorp News

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Bad loan woes, Hero on a roll and Michael Phelps’s gold rush

State-run Indian banks continue to bleed; rural demand propels Hero MotoCorp profit; and Phelps gets another three gold medals

5 min read14 Aug 2016

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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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