Current:Home > MarketsWhat does the Adani Group's crash mean for India's economy? -FundPrime
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-15 01:47:34
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! (85329)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Miss Netherlands crowns its first openly trans woman Rikkie Valerie Kollé
- Transcript: Rep. Michael McCaul on Face the Nation, March 12, 2023
- Democrats come around on TikTok ban, reflecting willingness to challenge China
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- For the record: We visit Colleen Shogan, the first woman appointed U.S. Archivist
- Madhur Jaffrey's no fuss introduction to Indian cooking
- Vanderpump Rules' James Kennedy Breaks Down in Tears Over Raquel Leviss Breakup
- Questlove charts 50 years of SNL musical hits (and misses)
- Indiana Jones' Karen Allen on working with 6,000 snakes
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- TV reboots have to answer one question: Why now? Just look at 'Justified'
- A Type-A teen and a spontaneous royal outrun chaos in 'The Prince & The Apocalypse'
- Savor your coffee; someone probably lost sleep over it
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- 2 killed in Chile airport shootout during attempted heist of over $32 million aboard plane from Miami
- 15 Books to Read in March
- Broadway lyricist Sheldon Harnick, who wrote 'Fiddler on the Roof,' dies at 99
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
B. J. Novak Says He and Mindy Kaling Were Reckless Idiots During Past Romance
Malaysia Airlines Flight 370 disappearance: New Netflix series dives into mystery of vanished jet
Democrats come around on TikTok ban, reflecting willingness to challenge China
Could your smelly farts help science?
Kate Middleton Takes Style Note From Princess Diana With Bold Red Look
Fans flock to theaters for the 'Barbenheimer' double feature
Cruise control: An homage to the relentless reliability of 'Mission: Impossible'