Current：Home > InvestWhat does the Adani Group's crash mean for India's economy? -TruePath Finance
What does the Adani Group's crash mean for India's economy?
View
Date：2025-04-16 11:28:28
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！ (43)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- 2 tractor-trailers crash on a Connecticut highway and land in a pond, killing 1 person
- Bradley Cooper says he wasn't initially sure if he 'really loved’ his daughter Lea De Seine
- Florida authorities recover remains believed to be those of teenage girl who disappeared in 2004
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Retailers including Amazon and Walmart are selling unsafe knockoff video doorbells, report finds
- Georgia sets execution date for man who killed ex-girlfriend 30 years ago
- Arizona’s new voting laws that require proof of citizenship are not discriminatory, a US judge rules
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A Firm Planning a Drilling Spree in New York’s Southern Tier Goes Silent as Lawmakers Seek to Ban Use of CO2 in Quest for Gas
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Prince Harry loses legal case against U.K. government over downgraded security
- Stock market today: Asia stocks track Wall Street gains, Japan shares hit record high
- DOJ says Mississippi police unconstitutionally jailed people for unpaid fines
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Dawson's Creek Alum James Van Der Beek Sings With Daughter Olivia on TV
- The jobs market is hot, but layoffs keep coming in a shifting economic environment
- Montana judge declares 3 laws restricting abortion unconstitutional
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Gamecocks at top, but where do Caitlin Clark, Iowa rank in top 16 seed predictions?
Congratulations, today is your day: A free book giveaway to honor Dr. Seuss’ birthday
Some left helpless to watch as largest wildfire in Texas history devastates their town
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
A look at the tough-on-crime bills Louisiana lawmakers passed during a special session
South Dakota Republican lawmakers want clarity for the state’s abortion laws. They propose a video
Food packaging containing toxic forever chemicals no longer sold in U.S., FDA says