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As India Inc struggles to cut down debt, the economy suffers


23 November 2017 07:30

Thomson Reuters data, based on the latest annual earnings reports, shows India#39;s corporate debt rose to a seven-year high at the end of March. More than a fifth of large companies did not earn enough to pay interest on their loans and the pace of new loans fell to the lowest in more than six decades..
As India Inc struggles to cut down debt, the economy suffers. This article is published at 23 November 2017 07:30 from MoneyControl India Personal Finances Updates, click on the read full article link below to see further details.


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Tags : India, struggles, down, debt, economy, suffers


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