https://www.taxtmi.com/news?id=3045 India's external debt increased by 9.4% to end-December 2011, led by higher commercial borrowings and short-term trade credit; short-term debt rose faster than long-term debt and comprised just under one-quarter of total external debt, with commercial borrowings as the largest component. Currency composition was dollar-dominated. Indicators deteriorated as the external-debt-to-GDP ratio rose, the short-term-debt-to-reserves ratio increased, and reserves provided a smaller percentage cover of total external debt. en-us Fri, 30 Mar 2012 16:45:37 +0530 Fri, 30 Mar 2012 16:45:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3045 India's external debt increased by 9.4% to end-December 2011, led by higher commercial borrowings and short-term trade credit; short-term debt rose faster than long-term debt and comprised just under one-quarter of total external debt, with commercial borrowings as the largest component. Currency composition was dollar-dominated. Indicators deteriorated as the external-debt-to-GDP ratio rose, the short-term-debt-to-reserves ratio increased, and reserves provided a smaller percentage cover of total external debt. News - Fri, 30 Mar 2012 16:45:37 +0530 https://www.taxtmi.com/news?id=3045