With the economy already grappling with surging fuel prices and a plunging currency, the last thing the government needed was more turmoil in the debt market. Another consideration that the government faces a general election in early 2019 and any indecisiveness on IL&FS would have eroded the political capital of the government.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Cs614q
