https://www.taxtmi.com/news?id=11673 India's external debt rose by end-March 2013, led by increases in short-term debt, commercial borrowings and NRI deposits; long-term debt continued to account for about three-quarters of the total while the share of sovereign external debt declined. Key indicators weakened somewhat due to higher external financing needs, slower GDP growth and currency depreciation, though the debt service ratio improved marginally and the external debt-GDP ratio remained at a moderate level, with cross-country comparisons indicating relatively low vulnerability. en-us Fri, 06 Sep 2013 17:49:52 +0530 Fri, 06 Sep 2013 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11673 India's external debt rose by end-March 2013, led by increases in short-term debt, commercial borrowings and NRI deposits; long-term debt continued to account for about three-quarters of the total while the share of sovereign external debt declined. Key indicators weakened somewhat due to higher external financing needs, slower GDP growth and currency depreciation, though the debt service ratio improved marginally and the external debt-GDP ratio remained at a moderate level, with cross-country comparisons indicating relatively low vulnerability. News - Fri, 06 Sep 2013 17:49:52 +0530 https://www.taxtmi.com/news?id=11673