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Modi’s Money Crackdown Threatens India Corporate Profit Recovery

  • Earnings at consumer companies, developers seen impacted
  • Cash ban has ‘multiple’ long-term benefits: Deutsche Bank
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Modi's Money Crackdown Boosts India Bonds

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Prime Minister Narendra Modi’s crackdown on black money may have an unintended consequence: a slump in consumer spending that hits India’s corporate earnings recovery.

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