Foreign holdings of rupee-denominated debt have slumped to a 11-month low even after Modi's 29 February budget sparked a rally in bonds and the rupee
3 min read9 Mar 2016The 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