Current:Home > ScamsWhat does the Adani Group's crash mean for India's economy? -Global Finance Compass
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-15 16:45:08
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! (771)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Bray Wyatt, WWE star who won 2017 championship, dies at 36
- How Ariana Grande's Yours Truly Deluxe Edition Honors Late Ex-Boyfriend Mac Miller
- Woman who allegedly abandoned dog at airport and flew to resort hit with animal cruelty charges
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Among last of Donald Trump's co-defendants to be booked: Kanye West's former publicist
- Miley Cyrus Reveals Why Filming Used to Be Young Was So Emotional
- A combat jet has crashed near a Marine Corps air station in San Diego and a search is underway
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- You'll Have a Full Heart After Reading John Stamos' Message to New Mom Ashley Olsen
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Court fights are ramping up over states’ transgender health care restrictions
- How high tensions between China and the U.S. are impacting American companies
- 60 years ago in Baltimore, a child's carousel ride marked the end of a civil rights journey
- Retirement planning: 3 crucial moves everyone should make before 2025
- Cardinals add another quarterback, acquire Josh Dobbs in trade with Browns
- Want to be an organic vegetable farmer? This program is growing the workforce.
- The British Museum says it has recovered some of the stolen 2,000 items
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
U.S. nurse kidnapped in Haiti speaks publicly for first time since her release: I hold no grudges against you
'Call 911': Rescued woman was abducted by man posing as Uber driver, authorities say
Federal officials are warning airlines to keep workers away from jet engines that are still running
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Man sentenced to 42 years in prison for 2019 death of New Hampshire pastor
Court fights are ramping up over states’ transgender health care restrictions
Why Blake Lively and Ryan Reynolds Are Our Favorite Ongoing Love Story