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Sunday, September 10, 2023

FM: External debt-service ratio within comfort zone

India's external debt of $624.7 billion at March-end 2023 with a debt-service ratio of 5.3% is within the comfort zone and modest from a cross-country perspective, FM Nirmala Sitharaman said in her foreword to 'India's External Debt: A Status Report 2022-23' released earlier this month.

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Industrial output grows 5.8% in FY24, slows a tad in March

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