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India's external debt rises to USD 717.9 bn at Dec-end

Summary by dailyexcelsior.com

NEW DELHI, Mar 31 : India’s external debt increased by 10.7 per cent to USD 717.9 billion at the end of December 2024 from USD 648.7 billion in December 2023, as per the data released by the finance ministry. On a quarter-on-quarter basis, there is a 0.7 per cent increase in external debt from the level of USD 712.7 billion at the end of September 2024, according to India’s Quarterly External Debt Report. The external debt to GDP ratio stood at …

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India Shipping News

India has 4th largest foreign exchange reserve; can take care of imports for 11 months : FM Sitharaman

NEW DELHI : India is the fourth largest country to hold foreign exchange reserves of USD 658.8 billion, enough to meet the country’s imports for 11 months, Finance Minister Smt Nirmala Sitharaman told the Rajya Sabha on Tuesday. Replying to supplementaries during the question hour, she assured members of their concerns on the foreign exchange reserves and the current account deficit. “I want to assure you that total foreign exchange reserves as …

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affairscloud.com

India’s external debt rises to USD 717.9 bn by December 2024

At the end of December 2024, India’s external debt rose to USD 717.9 billion (bn), marking a 10.7% increase from USD 648.7 billion in December 2023 as per according to ‘India’s Quarterly External Debt Report’ released by the Ministry of Finance(MoF). The external debt increased by 0.7% on a quarterly basis, reaching USD 712.7 billion in […] The post India’s external debt rises to USD 717.9 bn by December 2024 appeared first on AffairsCloud.com.

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