Current：Home > InvestWhat does the Adani Group's crash mean for India's economy? -Thrive Financial Network
What does the Adani Group's crash mean for India's economy?
View
Date：2025-04-23 08:11:53
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！ (8344)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Woman sues Cold Stone Creamery over pistachio ice cream not containing pistachios
- Teton Pass shut down in Wyoming after 'catastrophic' landslide caused it to collapse
- $1,000 in this Vanguard ETF incurs a mere $1 annual fee, and it has beaten the S&P in 2024
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Pennsylvania schools would get billions more under Democratic plan passed by the state House
- Ursula K. Le Guin’s home will become a writers residency
- Denise Richards, Sami Sheen and Lola Sheen Are Getting a Wild New E! Reality Series
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Bipartisan Wisconsin Elections Commission unanimously chooses Democrat as chair for 2 years
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Ryan Reynolds Brought a Special Date to a Taping of The View—And It Wasn't Blake Lively
- A dog helped his owner get rescued after a car crash in a remote, steep ravine in Oregon
- Céline Dion says private stiff-person syndrome battle felt like 'lying' to her fans
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Woman sues Cold Stone Creamery over pistachio ice cream not containing pistachios
- Bypassing Caitlin Clark for Olympics was right for Team USA. And for Clark, too.
- Ian McKellen on if he'd return as Gandalf in new 'Lord of the Rings' movie: 'If I'm alive'
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Lindsay Hubbard Reveals the Shocking Amount of Money She Lost on Carl Radke Wedding
4 Iowa instructors teaching at a Chinese university were attacked at a park
John Oliver offers NY bakery Red Lobster equipment if they sell 'John Oliver Cake Bears'
What do we know about the mysterious drones reported flying over New Jersey?
California socialite sentenced to 15 years to life for 2020 hit-and-run deaths of two young brothers
Uncomfortable Conversations: What is financial infidelity and how can you come clean?
Chrysler recalls more than 211,000 SUVs and pickup trucks due to software malfunction