https://www.taxtmi.com/news?id=3052 India's external debt stock at end-December 2011 rose versus end-March 2011, led by higher commercial borrowings and increased short-term trade credit. Short-term debt grew faster and accounted for nearly one-quarter of total external debt, while long-term debt remained the majority. The currency mix was dominated by US dollar liabilities, and key indicators-external debt-to-GDP, short-term debt-to-reserves, and reserves cover of external debt-deteriorated compared with end-March 2011. en-us Fri, 30 Mar 2012 18:02:01 +0530 Fri, 30 Mar 2012 18:02:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3052 India's external debt stock at end-December 2011 rose versus end-March 2011, led by higher commercial borrowings and increased short-term trade credit. Short-term debt grew faster and accounted for nearly one-quarter of total external debt, while long-term debt remained the majority. The currency mix was dominated by US dollar liabilities, and key indicators-external debt-to-GDP, short-term debt-to-reserves, and reserves cover of external debt-deteriorated compared with end-March 2011. News - Fri, 30 Mar 2012 18:02:01 +0530 https://www.taxtmi.com/news?id=3052