Advertisement

HindustanTimes Sun,21 Dec 2014

India's external debt at $426 bn at end-Dec: govt

Reuters  New Delhi, March 28, 2014
First Published: 13:47 IST(28/3/2014) | Last Updated: 13:51 IST(28/3/2014)

India's total external debt stood at $426 billion at the end of December, up $21.1 billion or 5.2% from the end of March 2013, the finance ministry said in a statement on Friday.

Advertisement

The rise in external debt during the period was due to an increase in deposits mobilised from non-resident Indians, the statement added.

The share of India's short-term debt in the total external debt was 21.8% as of end-December, the ministry said.


Advertisement
more from Business

Year-end high: Flipkart announces $700 million funding

Flipkart, India’s largest e-commerce marketplace, on Saturday announced a US $700 million (Rs 4434 crore) investment even as 2014, the year that has seen huge fund flow into India’s rising consumer internet industry, is about to end.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved