Current:Home > reviewsWhat does the Adani Group's crash mean for India's economy? -Visionary Growth Labs
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-17 10:45:49
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! (92693)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Man gets 142 years for 2017 stabbing deaths of Fort Wayne couple
- Malaysia Airlines flight MH370 vanished 10 years ago today. What have we learned about what happened?
- With DeSantis back from Iowa, Florida passes $117B budget on final day of 2024 session
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- How Black women coined the ‘say her name’ rallying cry before Biden’s State of the Union address
- Need help with a big medical bill? How a former surgeon general is fighting a $5,000 tab.
- Spending bill would ease access to guns for some veterans declared mentally incapable
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Michigan residents urged not to pick up debris from explosive vaping supplies fire that killed 1
Ranking
- New data highlights 'achievement gap' for students in the US
- 3 prison escapees charged with murder after U.S. couple vanishes while sailing in Grenada
- Doritos cuts ties with Samantha Hudson, a trans Spanish influencer, after disturbing posts surface
- Princess Diana's brother Charles Spencer reveals sexual abuse at British boarding school
- Retirement planning: 3 crucial moves everyone should make before 2025
- The Most Shocking Moments in Oscars History, From Will Smith's Slap to La La Land's Fake Win
- Alaska whaling village teen pleads not guilty to 16 felony counts in shooting that left 2 dead
- When is Ramadan 2024? What is it? Muslims set to mark a month of spirituality, reflection
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Spending bill would ease access to guns for some veterans declared mentally incapable
LSU's Angel Reese dismisses injury concerns after SEC Tournament win: 'I'm from Baltimore'
Appeal canceled, plea hearing set for Carlee Russell, woman who faked her own abduction
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Spanish utility Iberdrola offers to buy remaining shares to take 100% ownership of Avangrid
Media mogul Rupert Murdoch is planning a fifth walk down the aisle this June
Natalie Portman and husband Benjamin Millepied finalize divorce after 11 years of marriage