Current:Home > MarketsWhat does the Adani Group's crash mean for India's economy?-VaTradeCoin
What does the Adani Group's crash mean for India's economy?
View Date:2025-01-09 11:07:40
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! (82287)
Related
- Ford agrees to pay up to $165 million penalty to US government for moving too slowly on recalls
- Most of Spain’s female players end boycott of national soccer team after government intervenes
- The video game industry is in uproar over a software pricing change. Here's why
- RHOC's Tamra Judge Reveals Conversation She Had With Shannon Beador Hours After DUI Arrest
- NFL playoff picture Week 10: Lions stay out in front of loaded NFC field
- Pilot of downed F-35 stealth fighter jet parachuted into residential backyard, official says
- Hawaii governor calls on people to visit West Maui when it reopens in October: Helping our people heal
- Rihanna and A$AP Rocky debut newborn son Riot Rose in new photoshoot
- Mike Tyson vs. Jake Paul press conference highlights: 'Problem Child' goads 'Iron Mike'
- Lahaina's 150-year-old banyan tree that was charred by the wildfires is showing signs of new life
Ranking
- Michigan soldier’s daughter finally took a long look at his 250 WWII letters
- Rihanna, A$AP Rocky have second child together, another boy they named Riot Rose, reports say
- UN rights experts report a rise of efforts in Venezuela to squelch democracy ahead of 2024 election
- Man arrested for faking his death ahead of court date: Sheriff
- Oprah Winfrey Addresses Claim She Was Paid $1 Million by Kamala Harris' Campaign
- Kraft Heinz is recalling some American cheese slices because the wrappers could pose choking hazard
- UN rights experts report a rise of efforts in Venezuela to squelch democracy ahead of 2024 election
- Saudi Arabia praises ‘positive results’ after Yemen’s Houthi rebels visit kingdom for peace talks
Recommendation
-
Gavin Rossdale Makes Rare Public Appearance With Girlfriend Xhoana Xheneti
-
Why Isn't Heidi Montag a Real Housewife? Andy Cohen Says...
-
Fentanyl found under sleeping mats at Bronx day care where 1-year-old child died
-
UN urges Afghanistan’s Taliban government to stop torture and protect the rights of detainees
-
As Northeast wildfires keep igniting, is there a drought-buster in sight?
-
Crash tests show some 2023 minivans may be unsafe for back-seat passengers
-
Bears caught on camera raiding Krispy Kreme doughnut van at Alaska military base: They don't even care
-
Polish police briefly detain lawmaker who interrupted prime minister’s speech