Investors Shun Indian State Bonds as Lockdown Slashes Revenue
People sleep outside shuttered stores at Crawford Market during a lockdown imposed due to the coronavirus in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Investors Shun Indian State Bonds as Lockdown Slashes Revenue

(Bloomberg) -- India’s states are being forced to borrow more to pay for spending to combat the coronavirus crisis, while at the same time facing rising debt costs that’s putting their finances und...
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