India plans lower-than-expected market borrowing of $90 billion in fiscal first half
By Nikunj Ohri and Dharamraj Dhutia NEW DELHI (Reuters) -The Indian government plans gross market borrowing of 7.5 trillion rupees ($90 billion) in the April-September period, which is 53% of the total estimate for the year, the finance ministry said on Wednesday. The market had pegged the borrowing to be 56%-58% of the annual target. …
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