Current：Home > StocksWhat does the Adani Group's crash mean for India's economy?-Angel Dreamer Wealth Society D1 Reviews & Insights
What does the Adani Group's crash mean for India's economy?
View
Date：2024-12-23 19:08:51
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！ (68697)
Related
- California teen pleads guilty in Florida to making hundreds of ‘swatting’ calls across the US
- Fact-checking Apple TV's 'Masters of the Air': What Austin Butler show gets right (and wrong)
- Will Taylor Swift attend Super Bowl 58 to cheer on Kansas City Chiefs' Travis Kelce?
- What is ECOWAS and why have 3 coup-hit nations quit the West Africa bloc?
- Over 1.4 million Honda, Acura vehicles subject of US probe over potential engine failure
- Eminem goes after Benzino in new Lyrical Lemonade track, rekindles longtime feud
- Will Taylor Swift attend Super Bowl 58 to cheer on Kansas City Chiefs' Travis Kelce?
- Dying thief who stole ‘Wizard of Oz’ ruby slippers from Minnesota museum will likely avoid prison
- ‘Heretic’ and Hugh Grant debut with $11 million, but ‘Venom: The Last Dance’ tops box office again
- 2 are in custody in Mississippi after baby girl is found abandoned behind dumpsters
Ranking
- Minnesota county to pay $3.4M to end lawsuit over detainee’s death
- Felipe Nasr, Porsche teammates give Roger Penske his first overall Rolex 24 win since 1969
- Alex Murdaugh tries to prove jury tampering led to his murder conviction
- There’s a wave of new bills to define antisemitism. In these 3 states, they could become law
- Britney Spears reunites with son Jayden, 18, after kids moved in with dad Kevin Federline
- A Rolex seller meets up with a Facebook Marketplace thief. It goes all wrong from there
- Transitional housing complex opens in Atlanta, cities fight rise in homelessness
- Gisele Bündchen’s Mother Vania Nonnenmacher Dead at 75 After Cancer Battle
Recommendation
Threat closes Spokane City Hall and cancels council meeting in Washington state
A total solar eclipse in April will cross 13 US states: Which ones are on the path?
Michigan man changes up lotto strategy, wins $500,000 and plans to buy a new car
2024 Super Bowl: Odds, TV, date and how to watch San Francisco 49ers-Kansas City Chiefs
New Pentagon report on UFOs includes hundreds of new incidents but no evidence of aliens
Stock market today: Chinese stocks lead Asia’s gains, Evergrande faces liquidation
How Below Deck Has Changed Since Captain Lee Rosbach's Departure
U.S. pauses UNRWA funding as U.N. agency probes Israel's claim that staffers participated in Oct. 7 Hamas attack