Gautam Adani, an Indian billionaire, has seen his personal fortune drop by nearly $50 billion in a week due to the market mayhem. In response, Adani has abandoned a $2.5 billion deal to sell new shares in his flagship company and has spoken out, saying he will review his capital market strategy once the market stabilizes. This has raised concerns about a potential broader impact on India's economy.
Posts tagged as “Indian”
Indian police have blocked students from entering a university in Delhi to prevent them from screening a BBC documentary about Prime Minister Narendra Modi, which has been banned in the country. The Students’ Federation of India (SFI) has vowed to fight for the right to show the documentary and to challenge the government's decision, while students and activists have accused the government of trying to stifle free speech. Four people were reportedly detained by police, including officers in plain clothes, at Jamia Milia Islamia University.
Himalayan Temple Collapses and Land Sinks, Hundreds Evacuated and Government Steps In to Provide Aid
Himalayan Temple Collapses and Land Sinks, Hundreds Evacuated and Government Steps In to Provide Aid
Residents of Joshimath, a town in the Indian Himalayan state of Uttarakhand, were left in shock on Saturday after a temple collapsed and cracks appeared…
Global leaders have paid tribute to Pope Emeritus Benedict XVI, who passed away on Saturday at the age of 95. Indian Prime Minister Narendra Modi…