A Dangerous Debt Ruling in India
A danger sign hangs across a walk way in the crusher room in the underground mine. (Photographer: Carla Gottgens/Bloomberg)

A Dangerous Debt Ruling in India

(Bloomberg Opinion) -- India’s insolvency tribunal has made a dangerous decision. Unless its judgment is quashed, credit costs for India Inc. will surge, shares of state-run banks will swoon and f...
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