Current:Home > MarketsWhat does the Adani Group's crash mean for India's economy? -Keystone Wealth Vision
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-17 04:26:48
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! (49)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Search is on for 2 Oklahoma moms missing under 'suspicious' circumstances
- Teacher McKenna Kindred pleads guilty to sexual student relationship but won't go to jail
- What is the best sleep position? An expert weighs in on the healthiest way to ensure rest
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Prepare to Roar Over Katy Perry's Risqué Sheer 2024 iHeartRadio Music Awards Look
- Jersey Shore’s Sammi “Sweetheart” Giancola Engaged to Justin May
- YMcoin Exchange: Creating a better cryptocurrency trading experience
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Atlantic City mayor says search warrants involve ‘private family issue,’ not corruption
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Beyoncé reveals Stevie Wonder played harmonica on 'Jolene,' thanks him during iHeartRadio Music Awards
- Why WWII and Holocaust dramas like 'We Were the Lucky Ones' are more important than ever
- Texas Energy Companies Are Betting Hydrogen Can Become a Cleaner Fuel for Transportation
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Mass shooting outside Indianapolis mall leaves 7 injured, all children and teens, police say
- What is the best sleep position? An expert weighs in on the healthiest way to ensure rest
- Billie Eilish Reacts to Backlash After Comments About Artists Releasing Wasteful Vinyls
Recommendation
The White House is cracking down on overdraft fees
The story of how transgender runner Cal Calamia took on the U.S. Anti-Doping Agency and won
The story of how transgender runner Cal Calamia took on the U.S. Anti-Doping Agency and won
Billie Eilish Reacts to Backlash After Comments About Artists Releasing Wasteful Vinyls
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Mike Feinsilber fought the epic AP-UPI rivalry from both camps with wit and grace
Powerball jackpot nears $1 billion as drawing for giant prize nears
Take Center Stage At Coachella & Stagecoach With These Eye-Catching Festival Makeup Picks