NEW DELHI/TOKYO -- India's Auto Expo 2020 this month saw two notable absences, but not because of the new coronavirus. Toyota Motor and Honda Motor skipped the event amid a steep decline in auto sales in what had seemed a promising market.
Datawatch
India's house of cards: big pile of risky debt lurks below
Share of loans to cash-poor companies more than doubles in five years
Indian industry's struggles are a symptom of a credit crunch induced by rising levels of bad debt.
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