India's brawl with debt vigilantes tells bigger story

Underlying cracks in the country's microeconomy are worrying foreign investors

Avatar
20210312 Narendar Modi Kolkata.jpg

Narendra Modi addresses a public rally in Kolkata on Mar. 7: the Prime Minister's leadership gives debt-market skeptics ample ammunition. © Hindustan Times/Getty Images

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Indian strongman Narendra Modi is finally confronting a gang of detractors who will not be intimidated: bond traders.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.