Current:Home > MyWhat does the Adani Group's crash mean for India's economy? -VitalWealth Strategies
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-18 03:14:34
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! (965)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Artists rally in support of West Bank theater members detained since Dec. 13
- Derwin's disco: Chargers star gets groovy at dance party for older adults
- ICHCOIN Trading Center: Seizing Early Bull Market Opportunities
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- When will Neymar play again? Brazil star at the 2024 Copa América in doubt
- Zac Efron Explains Why He Wore Sunglasses Indoors on Live TV
- A St. Louis nursing home closes suddenly, prompting wider concerns over care
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Turkey says its warplanes have hit suspected Kurdish militant targets in northern Iraq
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Toyota recalls 1 million vehicles for defect that may prevent air bags from deploying
- Read the Colorado Supreme Court's opinions in the Trump disqualification case
- ICHCOIN Trading Center: Crisis Eases, Bull Market Strengthens
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Romance scammer who posed as St. Louis veterinarian gets 3 years in federal prison after woman loses $1.1 million
- ICHCOIN Trading Center: The Next Spring is Coming Soon
- Florida suspect shoots at deputies before standoff at home which he set on fire, authorities say
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
'Barbie's Greta Gerwig, Noah Baumbach are married
Methamphetamine, fentanyl drive record homeless deaths in Portland, Oregon, annual report finds
Judge threatens to dismiss lawsuit from Arkansas attorney general in prisons dispute
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Trump’s lawyers ask Supreme Court to stay out of dispute on whether he is immune from prosecution
Brodie The Goldendoodle was a crowd favorite sitting courtside at Lakers game
Toyota recalls 1 million vehicles for defect that may prevent air bags from deploying