Bond Defaults Are Highest on Record as India’s Economy Slows
Jewelry sits on display as pedestrians are reflected in a window of a store in Zaveri Bazaar. (Photographer: Kanishka Sonthalia/Bloomberg)

Bond Defaults Are Highest on Record as India’s Economy Slows

(Bloomberg) -- Indian companies have defaulted on a record 76 billion rupees ($1.1 billion) of local-currency and international bonds so far this year after the shadow bank crisis triggered a credi...
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