Current:Home > InvestWhat does the Adani Group's crash mean for India's economy? -RiskWatch
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-11 22:50:51
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! (98174)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Worried about running out of money in retirement? These tips can help
- Spanish newspaper association files multimillion-euro suit against Meta over advertising practices
- Atmospheric river to dump rain, snow on millions; Portland could get month's worth of rain
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- The North Korean leader calls for women to have more children to halt a fall in the birthrate
- Full transcript of Face the Nation, Dec. 3, 2023
- Consider a charitable gift annuity this holiday. It's a gift that also pays you income.
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Ukrainian diplomats negotiate both climate change and Russia’s war on their nation at COP28 in Dubai
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 70-year-old woman gives birth to twins in Uganda, doctor says
- Dutch lawyers seek a civil court order to halt the export of F-35 fighter jet parts to Israel
- Recordings show how the Mormon church protects itself from child sex abuse claims
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Rogue ATV, dirt bikers terrorize communities, vex police across US
- The North Korean leader calls for women to have more children to halt a fall in the birthrate
- Simone Biles presented an amazing gift on the sideline from another notable Packers fan
Recommendation
Tom Holland's New Venture Revealed
Why some investors avoid these 2 stocks
'SNL' sends off George Santos with song, Tina Fey welcomes Emma Stone into Five-Timers Club
College Football Playoff: Michigan, Washington, Texas, Alabama in. Florida State left out.
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
U.N. climate talks head says no science backs ending fossil fuels. That's incorrect
Horoscopes Today, December 3, 2023
France’s parliament considers a ban on single-use e-cigarettes