Indian saving ratio is high primarily due to high household savings
1 min read22 Nov 2016The 4% price rise works back into the government managing its borrowing programme to keep the revenue deficit down to near zero and the fiscal deficit at around 3%
1 min read13 Sep 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