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India's economic hangover

Fresh from his poll triumph, Modi must press ahead with reforms or see growth stagnate

| India

Narendra Modi's post-election honeymoon has been brief. No sooner had the Indian prime minister started celebrating his thumping endorsement in the May parliamentary elections but bad economic news began pouring out thick and fast.

The Indian economy is not in nearly as good a shape as the voters were told before the vote. With growth slowing, public borrowing high and reforms overdue, Modi's government has no time to lose.

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