India government cuts gross market borrowings to 14.01 trillion rupees for 2024-25

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India government cuts gross market borrowings to 14.01 trillion rupees for 2024-25

MUMBAI - The Indian government lowered its planned gross market borrowing for the financial year ending March 2025 by 120 billion Indian rupees on Tuesday.

India's government finances have also come into sharper focus this year as local currency bonds have been included in JPMorgan's emerging market debt index.

 

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