Current:Home > StocksWhat does the Adani Group's crash mean for India's economy? -FinanceCore
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-14 08:46:54
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! (6)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Charm Jewelry Is Back! How To Build the Perfect Charm Bracelet and Charm Necklace
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Video shows dog chewing on a lithium-ion battery and sparking house fire in Oklahoma
- Don't let hackers fool you with a 'scam
- Census categories misrepresent the ‘street race’ of Latinos, Afro Latinos, report says
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Watch stunning drone footage from the eye of Hurricane Debby
- Hello Kitty's 50th Anniversary Extravaganza: Shop Purr-fect Collectibles & Gifts for Every Sanrio Fan
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
Recommendation
Meet first time Grammy nominee Charley Crockett
British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
Olympics track highlights: Quincy Hall wins gold in 400, Noah Lyles to 200 final
Severe flooding from glacier outburst damages over 100 homes in Alaska's capital
All That You Wanted to Know About She’s All That
Unlock the Magic With Hidden Disney Deals Starting at $12.98 on Marvel, Star Wars & More
Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
Olympic track and field live results: Noah Lyles goes for gold in 200, schedule today