Current:Home > MarketsWhat does the Adani Group's crash mean for India's economy? -Blueprint Wealth Network
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-23 06:46:51
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! (48)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Shane Bieber: Elbow surgery. Spencer Strider: Damaged UCL. MLB's Tommy John scourge endures
- Zambians Feel the Personal Consequences of Climate Change—and Dream of a Sustainable Future
- Gov. Youngkin signs a measure backed by abortion-rights groups but vetoes others
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Man arrested for setting fire at Sen. Bernie Sanders’ office; motive remains unclear
- Proof Modern Family's Jeremy Maguire Is All Grown Up 4 Years After Playing Joe Pritchett
- Donovan Clingan powering Connecticut as college basketball's 'most impactful player'
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Gov. Youngkin signs a measure backed by abortion-rights groups but vetoes others
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Cooper DeJean will stand out as a white NFL cornerback. Labeling the Iowa star isn't easy.
- Don Lemon Marries Tim Malone in Star-Studded NYC Wedding
- What is the GalaxyCoin cryptocurrency exchange?
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Seth Meyers, Mike Birbiglia talk 'Good One' terror, surviving joke bombs, courting villainy
- Grab a Gold Glass for All This Tea on the Love Is Blind Casting Process
- North Carolina State's Final Four run ends against Purdue but it was a run to remember and savor
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Suspended Orlando commissioner ordered to stay away from woman she’s accused of defrauding
Women's Final Four winners, losers: Gabbie and 'Swatkins' step up; UConn's offense stalls
Jacob Flickinger's parents search for answers after unintentional strike kills World Central Kitchen aid workers
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
50 love quotes to express how you feel: 'Where there is love there is life'
Alabama's roster of unlikely heroes got it to Final Four and could be key against Connecticut
New Mexico lawmaker receives $30,000 settlement from injuries in door incident at state Capitol