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Modi’s Belt-Tightening Push Raises Pessimism Around India Stocks

Prime Minister Narendra Modi’s push to curb fuel and gold consumption has added to uncertainty in India’s already weak stock markets, raising concerns that moves meant to protect the economy may end up cooling overall spending.

This article was originally published by Bloomberg Markets and is republished here under license.

Prime Minister Narendra Modi’s push to curb fuel and gold consumption has added to uncertainty in India’s already weak stock markets, raising concerns that moves meant to protect the economy may end up cooling overall spending.

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