Current:Home > MyWhat does the Adani Group's crash mean for India's economy? -Wealth Axis Pro
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-17 01:18:46
Gautam Adani was recently one of the top ten richest people in the world. But, after a scathing report came out last month alleging him and his companies of wide-scale fraud, market manipulation and corruption, he has lost billions, and is no longer the richest person in Asia - or India.
What can this report from American firm Hindenburg Research and the events of the past two weeks tell us about the Indian business and financial environment?
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (4)
Related
- Trump's 'stop
- Manager of pet grooming salon charged over death of corgi that fell off table
- Amazon's Thank My Driver feature returns: How to give a free $5 tip after delivery
- Dick Van Dyke credits neighbors with saving his life and home during Malibu fire
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Mystery drones are swarming New Jersey skies, but can you shoot them down?
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- 'Mary': How to stream, what biblical experts think about Netflix's new coming
Ranking
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Supreme Court allows investors’ class action to proceed against microchip company Nvidia
- Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid
- Hate crime charges dropped against 12 college students arrested in Maryland assault
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Michael Bublé Details Heartwarming Moment With Taylor Swift’s Parents at Eras Tour
- Sabrina Carpenter reveals her own hits made it on her personal Spotify Wrapped list
- Biden commutes roughly 1,500 sentences and pardons 39 people in biggest single
Recommendation
Meet first time Grammy nominee Charley Crockett
What was 2024's best movie? From 'The Substance' to 'Conclave,' our top 10
Netizens raise privacy concerns over Acra's Bizfile search function revealing citizens' IC numbers
China says Philippines has 'provoked trouble' in South China Sea with US backing
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Mystery drones are swarming New Jersey skies, but can you shoot them down?
'The Later Daters': Cast, how to stream new Michelle Obama
California judges say they’re underpaid, and their new lawsuit could cost taxpayers millions