Current：Home > NewsWhat does the Adani Group's crash mean for India's economy? -WealthStream
What does the Adani Group's crash mean for India's economy?
View
Date：2025-04-26 13:09:21
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！ (4)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Palestinians flee from central Gaza’s main hospital as fighting draws closer and aid groups withdraw
- NFL schedule today: Everything to know about football games on Jan. 7
- Abbott Elementary's Sheryl Lee Ralph and Janelle James Unexpectedly Twin at the Golden Globes
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- NFL playoff picture Week 18: Cowboys win NFC East, Bills take AFC East
- NFL playoff picture Week 18: Cowboys win NFC East, Bills take AFC East
- Falcons coach Arthur Smith erupts at Saints' Dennis Allen after late TD in lopsided loss
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Deputy defense secretary not told of Lloyd Austin hospitalization when she assumed his duties, officials confirm
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Former Gambian interior minister on trial in Switzerland over alleged crimes against humanity
- South Dakota State repeats as FCS champs with 29th consecutive win
- Blinken meets Jordan’s king and foreign minister on Mideast push to keep Gaza war from spreading
- Senate begins final push to expand Social Security benefits for millions of people
- New Mexico justices hear challenge to public health ban on guns in public parks and playgrounds
- Emma Stone Makes Rare, Heartfelt Comment About Husband Dave McCary at the 2024 Golden Globes
- A chaotic Golden Globes night had a bit of everything: The silly, the serious, and Taylor Swift, too
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Florida Republicans vote on removing party chairman accused of rape as DeSantis pins hopes on Iowa
German farmers block highway access roads, stage protests against plan to scrap diesel tax breaks
Why isn't Travis Kelce playing against Chargers? Chiefs TE inactive in regular season finale
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Lawrence stopped short of goal line as Jags eliminated from playoff race in 28-20 loss to Titans
Vietnam’s VinFast to build a $2 billion EV plant in India as part of its global expansion
South Dakota State repeats as FCS champs with 29th consecutive win