India may borrow extra Rs 500b in 2017/18

By Reuters, New Delhi
27 December 2017, 18:00 PM
UPDATED 28 December 2017, 00:00 AM
India's government is likely to borrow additional 500 billion rupees ($7.79 billion) in 2017/18 fiscal year that ends in March, the finance

India's government is likely to borrow additional 500 billion rupees ($7.79 billion) in 2017/18 fiscal year that ends in March, the finance ministry said on Wednesday. The move would widen the country's fiscal deficit, according to experts.