China has no intention of devaluing its currency, the yuan, to boost its competitiveness, said the head of the country's foreign exchange regulator
1 min read8 Jul 2017Moody's downgrades China's rating to A1 from Aa3, a first since 1989, challenging the view that Xi Jinping will be able to rein in debt while maintaining economic growth
3 min read25 May 2017The 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