IPO is Initial Public Offering. This is the first offering of shares to
the general public from a company wishes to list on the stock exchanges.
~~~~~~~~~ Disinvestment ~~~~~~~
The Selling of the government
stake in public sector undertakings.
`~~~~~~~Fiscal Deficit~~~~~~~
It is the difference between the government's total receipts (excluding
borrowings) and total
expenditure. Present Fiscal Deficit is 5.3%
~~~~~~~ Revenue deficit ~~~~~~
`It defines that, where the net
amount received (by taxes &
other forms) fails to meet the
predicted net amount to be
received by the government
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