https://www.taxtmi.com/news?id=17764 India's external debt contracted at end-December 2016 mainly due to declines in long-term borrowings-particularly redemption of FCNR(B) deposits and lower commercial borrowings-while long-term debt remained dominant and short-term debt rose marginally; valuation gains from currency movements partly offset the decrease, sovereign debt comprised a minority share, dollar denominated instruments were the largest currency component, and key coverage and vulnerability indicators improved relative to the prior reporting period. en-us Sat, 01 Apr 2017 11:56:58 +0530 Sat, 01 Apr 2017 11:56:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17764 India's external debt contracted at end-December 2016 mainly due to declines in long-term borrowings-particularly redemption of FCNR(B) deposits and lower commercial borrowings-while long-term debt remained dominant and short-term debt rose marginally; valuation gains from currency movements partly offset the decrease, sovereign debt comprised a minority share, dollar denominated instruments were the largest currency component, and key coverage and vulnerability indicators improved relative to the prior reporting period. News - Sat, 01 Apr 2017 11:56:58 +0530 https://www.taxtmi.com/news?id=17764