No government has so far invoked Section 7 of the RBI in the Reserve Bank of India's 83-year history
2 min read1 Nov 2018The financeministry says the Reserve Bank of India's autonomy is essential,but it will continue to argue its case
4 min read1 Nov 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