Current:Home > MarketsWhat does the Adani Group's crash mean for India's economy? -ProfitZone
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-12 00:14:47
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! (78655)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Jennifer Lawrence Hilariously Claps Back at Liam Hemsworth Over Hunger Games Kissing Critique
- Country star Jason Aldean cites dehydration and heat exhaustion after rep says heat stroke cut concert short
- Country star Jason Aldean cites dehydration and heat exhaustion after rep says heat stroke cut concert short
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Cardi B Is an Emotional Proud Mommy as Her and Offset's Daughter Kulture Graduates Pre-K
- OceanGate Believes All 5 People On Board Missing Titanic Sub Have Sadly Died
- Inside Clean Energy: The Energy Transition Comes to Nebraska
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Transcript: Mesa, Arizona Mayor John Giles on Face the Nation, July 16, 2023
- Inside Clean Energy: Des Moines Just Set a New Bar for City Clean Energy Goals
- How AI technology could be a game changer in fighting wildfires
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- United Airlines will no longer charge families extra to sit together on flights
- Incursions Into Indigenous Lands Not Only Threaten Tribal Food Systems, But the Planet’s Well-Being
- Air quality alerts issued for Canadian wildfire smoke in Great Lakes, Midwest, High Plains
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Inside Clean Energy: The Energy Storage Boom Has Arrived
Dutch Court Gives Shell Nine Years to Cut Its Carbon Emissions by 45 Percent from 2019 Levels
Ohio GOP Secretary of State Frank LaRose announces 2024 Senate campaign
New data highlights 'achievement gap' for students in the US
‘There Are No Winners Here’: Drought in the Klamath Basin Inflames a Decades-Old War Over Water and Fish
Get a Rise Out of Blake Lively, Ryan Reynolds' Visit to the Great British Bake Off Set
An Indigenous Group’s Objection to Geoengineering Spurs a Debate About Social Justice in Climate Science