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India’s External Debt stock increases by 13% at March 2012

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India’s external debt stock at end-March 2012 stood at US$ 345.8 billion, increasing by US$ 39.9 billion (13%) over the end-March 2011 level of US$ 305.9 billion.

The rise could be attributed mainly to increase in commercial borrowings, short-term debt, and non-resident Indian deposits…..Read More

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