Current:Home > FinanceWhat does the Adani Group's crash mean for India's economy? -MarketPoint
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-14 14:07:13
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
- Intellectuals vs. The Internet
- Police arrest, charge suspect for allegedly hitting 6 migrants with SUV
- Tackle your medical debt with Life Kit
- Add Some Magic to Your Beauty Routine With the Charlotte Tilbury and Disney Collection
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Forever? These Stars Got Tattooed With Their Partners' Names
- Horoscopes Today, July 31, 2023
- Mega Millions: PA resident one ball shy of $1.2 billion jackpot, wins $5 million instead
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Improve Your Skin’s Texture With a $49 Deal on $151 Worth of Peter Thomas Roth Anti-Aging Products
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Mom of missing Arizona teen who surfaced after 4 years says family being harassed
- Architect accused in Gilgo Beach serial killings is due back in court
- Churchill Downs to resume races after announcing new safety measures for horses and riders
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- 'Amazing to see': World Cup's compelling matches show what investing in women gets you
- Mega Millions jackpot soars over $1 billion: When is the next drawing?
- The best state to retire in isn't Florida, new study finds
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
After the death of his wife, actor Richard E. Grant vowed to find joy every day
Virginia Republicans offer concession on tax plan as budget stalemate drags on
Suspect arrested after allegedly running over migrant workers outside North Carolina Walmart
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Mega Millions: PA resident one ball shy of $1.2 billion jackpot, wins $5 million instead
Improve Your Skin’s Texture With a $49 Deal on $151 Worth of Peter Thomas Roth Anti-Aging Products
A 376-pound alligator was behaving strangely at a Florida zoo. Doctors figured out why.