The uncertain economic outlook and valuation concerns are not stopping Indian investors from pushing up stock prices. The Indian stock market gained over 1 per cent on Monday. One of the problems that should worry both investors and policymakers is rising public debt. Business Standard Opinion pieces for the day talk about public debt among other issues
If India does not get back to at least 10-11 per cent nominal gross domestic product growth, then the country will have real issues in trying to stabilise public debt ratios, writes Akash Prakash
The expansion in the budget deficit due