Word: burrabazar
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Dates: during 1963-1963
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From shopkeeping, the Marwaris have expanded into speculation, finance and industry. They moved into jute milling by dispatching platoons of Marwari workers into British mills to learn the technical secrets the British had refused to share. Calcutta's Marwaris moved from the shop-crowded Burrabazar to the financial district's Clive Street, where they set up curb markets and soon moved onto the exchange. Marwaris are India's best bookmakers, so fond of betting that they will wager on the sex of an unborn child or the number of pips in a tangerine flake...
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