Walter Bagehot News

Opinion

IL&FS crisis: India should have learned from Walter Bagehot

Shadow banks in India have amassed large balance sheets, pumping out 30 percent of all the new credit in the economy over the past three years, according to Nomura Research.

2 min read4 Oct 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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