The
government debt rose by 2.7 per cent to Rs 32.13 lakh crore at the end
of September quarter over the previous quarter due to increased market
borrowings, the Finance Ministry said today.
Asian
shares held firm as US markets overnight snapped a seven-day losing
streak on Monday and ended in a positive territory. However, gains were
curtailed after credit rating agency FITCH warned of a possible US ‘AAA’
rating downgrade if lawmakers in US failed to arrive at a deal on the
budget.