Current:Home > ScamsWhat does the Adani Group's crash mean for India's economy? -Trailblazer Capital Learning
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-16 18:55:52
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! (9)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Save Up to 72% On Trespass Puffer Jackets & More Layering Essentials For a Limited Time
- The FBI should face new limits on its use of US foreign spy data, a key intelligence board says
- Win, lose or draw: How USWNT can advance to World Cup knockout rounds, avoid embarrassment
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Fans pay tribute to Coco Lee, Hong Kong singer who had international success
- Rangers, Blue Jays bolster pitching as St. Louis Cardinals trade top arms in sell-off
- Police search for driver who intentionally hit 6 migrant workers; injuries aren’t life-threatening
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Niger general who helped stage coup declares himself country's new leader
Ranking
- The Best Stocking Stuffers Under $25
- Sam Asghari makes big 'Special Ops: Lioness' splash, jumping shirtless into swimming pool
- Gas prices up: Sticker shock hits pump as heat wave, oil prices push cost to 8-month high
- Pro-Trump PAC spent over $40 million on legal bills for Trump and aides in 2023
- Meta donates $1 million to Trump’s inauguration fund
- A pilot is hurt after a banner plane crash near a popular tourist beach in South Carolina
- Hi, Barbie! Margot Robbie's 'Barbie' tops box office for second week with $93 million
- YouTuber Who Spent $14,000 to Transform Into Dog Takes First Walk in Public
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
NASA reports unplanned 'communications pause' with historic Voyager 2 probe carrying 'golden record'
Biden goes west to talk about his administration’s efforts to combat climate change
'Like a broken record': Aaron Judge can't cure what ails Yankees as trade deadline looms
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
CBS News poll on how people are coping with the heat
Haiti confronts challenges, solutions amid government instability
As the pope heads to Portugal, he is laying the groundwork for the church’s future and his legacy