Current:Home > ScamsWhat does the Adani Group's crash mean for India's economy? -Golden Summit Finance
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-17 16:24:15
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! (97692)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- See Alba Baptista Marvelously Support Boyfriend Chris Evans at Ghosted Premiere in NYC
- Puerto Rico has lost more than power. The vast majority of people have no clean water
- Relive All of the Most Shocking Moments From Coachella Over the Years
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Yung Miami Confirms Breakup With Sean Diddy Combs
- Greta Thunberg was detained by German police while protesting a coal mine expansion
- The Hope For Slowing Amazon Deforestation
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Climate solutions do exist. These 6 experts detail what they look like
Ranking
- South Korean president's party divided over defiant martial law speech
- Let them eat... turnips? Tomato shortage in UK has politicians looking for answers
- Climate Change Stresses Out These Chipmunks. Why Are Their Cousins So Chill?
- Snow blankets Los Angeles area in rare heavy storm
- US appeals court rejects Nasdaq’s diversity rules for company boards
- The first day of fall marks the autumn equinox, which is different from a solstice
- One Park. 24 Hours.
- Mystery American Idol Contestant Who Dropped Out of 2023 Competition Revealed
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Dozens are dead from Ian, one of the strongest and costliest U.S. storms
Can a middle school class help scientists create a cooler place to play?
How climate change is killing the world's languages
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
When illness or death leave craft projects unfinished, these strangers step in to help
EPA's proposal to raise the cost of carbon is a powerful tool and ethics nightmare
How to help people in Puerto Rico recover from Hurricane Fiona