US EditionDo it yourself: India’s US$736.3bn debt challenge: Can it weather a US tariff storm?
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Do it yourself: India’s US$736.3bn debt challenge: Can it weather a US tariff storm?
India’s external debt hit US$736.3bn by March 2025, a 10% jump from last year, with a significant portion (over 41%) of the debt maturing soon. As the US threatens 500% tariffs on countries buying Russian oil, including India, investors need to evaluate: Can India afford a confrontation with the US, China and other major trade partners, and could it withstand a covert economic embargo? Here’s my take, may be naïve and ill informed, but nonethele…
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