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Surging wealth of India’s billionaires raises concerns about rising inequality, cronyism

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A new report about the surge in wealth of India’s billionaires has fuelled debates about worsening inequality and crony capitalism in the country against the backdrop of slower economic growth. According to the report by Swiss banking giant UBS released earlier this month, the wealth of India’s billionaires rose by…

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Click here to read the full story: South China Morning Post

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