India’s State Debt Is Rising: What It Means for the Rupee, Investors, and Crypto

India’s state debt burden is climbing, although aggregate liabilities are not at a record. Combined state and union territory liabilities reached 29.2% of GDP by March 2026, up from 28.4% a year earlier. That remains below the 31% pandemic-era peak in March 2021. However, the RBI says elevated debt requires consolidation as states rely more […] Read The Full Article India’s State Debt Is Rising: What It Means for the Rupee, Investors, and Crypt…