Modi Cash Shock Seen Tripping Up Accelerating India Economy

Updated on
  • GDP grew 7.5% in July-September, Bloomberg survey shows
  • Analysts cutting FY17 forecasts after Modi’s Nov. 8 cash move

Narendra Modi

Photographer: Nicky Loh/Bloomberg

Rather than highlighting how far India’s economy has come under Prime Minister Narendra Modi’s pro-growth administration, Wednesday’s gross domestic product report will underscore just how much there is to lose from his shock clampdown on cash.

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