Debt Binge to Widen India’s Fiscal Gap to 13%, HSBC Says
Signage is displayed atop the HSBC Holdings headquarters building in the Central district of Hong Kong, China. (Photographer: Roy Liu/Bloomberg)

Debt Binge to Widen India’s Fiscal Gap to 13%, HSBC Says

(Bloomberg) -- Borrowings by India’s federal government, provinces, and state-run firms are set to cross 13% of the nation’s gross domestic product, threatening to crowd out the private sector from...
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