Current:Home > reviewsWhat does the Adani Group's crash mean for India's economy? -InvestTomorrow
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-23 13:52:27
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! (89)
Related
- Tom Holland's New Venture Revealed
- Mega Millions winning numbers in April 2 drawing: Jackpot climbs to $67 million
- Inter Miami keeps fans anxious with vague Messi injury updates before Champions Cup match
- Get $40 Off Bio Ionic Curling Irons, 56% Off Barefoot Cardigans, 50% Off DreamCloud Mattresses & More
- Skins Game to make return to Thanksgiving week with a modern look
- From chips to pizza and beer, brands look to cash in on rare solar eclipse
- Lena Dunham Reveals She’s Related to Larry David
- Many eligible North Carolina school voucher applicants won’t get awards
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Actor Angie Harmon says Instacart driver shot and killed her dog
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack
- Women's March Madness ticket prices jump as Caitlin Clark and Angel Reese rise to stardom
- Activists say S.B. 4 immigration law could be key to flipping GOP hold on Texas
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Who is Don Hankey, the billionaire whose insurance firm provided Trump a $175 million bond payment?
- Russia accuses IOC chief of 'conspiracy' to exclude its athletes from 2024 Olympics
- Gray Hair? Do a Root Touch-Up at Home With These Must-Haves
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
What do a top-secret CIA mission and the Maryland bridge wreck have in common? Well, the same crane
Oliver Hudson walks back previous comments about mom Goldie Hawn: 'There was no trauma'
Exclusive: Costco will offer weight loss program to members through medical partner
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
1 person hospitalized after dorm shooting places North Carolina university on lockdown
Autism in young girls is often misdiagnosed or overlooked. A doctor explains why.
Chiefs show they're not above using scare tactics on fans for stadium tax vote