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Regulations for state govt bonds tightened, to boost competition

The move will allow banks and other institutional investors to differentiate between states based on their financial performance which is likely to induce more competition among the states

3 min read7 Jun 2018

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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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