the Enforcement Directorate, the Central Bureau Investigation and the Serious Fraud Investigation Office are silent. The overwhelming signal that the Adani imbroglio sends to international investors is that India lacks effective regulatory mechanisms. Bharat Bhushan The Indian government will not remain untouched by the slide of Gautam Adani. This is evident from the video appearance… Read More Will India remain untouched by the slide of Adani?
Opposition parties on Sunday stepped up their attack on the Modi government over the Adani issue, with the Congress alleging that its “silence smacks of collusion”. Ahead of the party’s planned nationwide protests on Monday, Congress General Secretary (Communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over… Read More Opposition raises pitch on Adani issue; Congress to launch nationwide protests on Monday
The climate crisis offers a new angle from which to evaluate US dollar hegemony, since carbon emissions are tied to economic activity. Daniel Driscoll Amidst the turbulence of the Second World War, hundreds of delegates from the Allied Nations met in Bretton Woods, New Hampshire to construct a post-war economic system. While it might strike… Read More The Dollar and Climate
THE NEW INDIA WHINING This last fortnight has not been a good one for the BJP or its bhaktiveers, even if we discount the irony of an autocratic despot being invited as the Chief guest at our Republic Day function. One would have expected that the wiseacres of MEA would, in between rejecting assorted documentaries… Read More Avay Shukla: A week of conspiracies, nationalism, and delusions
The upheaval rocking the Adani business empire is one of the dramatic global developments of the last week. I was delighted that The Wire saw fit to pick up and republish Chartbook #190. I’ve long harbored a secret ambition to join the ranks of the Wire-wallahs. Cam and I also featured the Adani story on the Pod… Read More Adam Tooze: Indian nation-building, Modi and Adani / Mihir Sharma: What Worries Indians About Adani’s Empire
डाउ जोन्स की सस्टेनेबिलिटी इंडेक्स से अदाणी बाहर | Adani dropped off Dow Jones’ Sustainable Index #ravishkumar #ravishkumarofficial #adani #dowjones #stockmarket #latestnews #news #bjp #lic #sbi #sebi #adanipower #sharemarket #sharemarketnews #hindenburgreport #adaniFPO #hindenburgresearch #sensex #nifty #nifty50 Join this channel to get access to perks: https://www.youtube.com/channel/UC0yX… Jairus Banaji: Indian Big Business
Nesrine Malik According to Oxfam’s annual inequality report, released to coincide with the World Economic Forum meetings in Davos, the richest 1% of people have captured nearly twice as much new wealth as the rest of the world combined since the pandemic. Their fortune soared by $26tn, increasing their share of new wealth from 50% to two-thirds. The… Read More Look at how the world’s super-rich are doing now, and tell me the system isn’t rigged
Jonathan Barrett The US investor targeting Indian conglomerate Adani Group over what it claims is the “biggest con in corporate history” has dared the company to sue, given it would open the coal producer to further scrutiny. Hindenburg Research’s report has already wiped billions of dollars of value from the sprawling empire of Gautam Adani, the world’s… Read More US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue
In the past decade, the richest 1% of people on Earth sucked up half of all new wealth. In 2020 and 2021, the richest 1% took nearly two-thirds of all new wealth – six times greater than the wealth made by the poorest 90% of the global population. “Since 2020, for every dollar of new… Read More Richest 1% Took 2/3rds of Global Wealth Since 2020
Mona Ali The evolution and weaponization of the world dollar The centerpiece of shock and awe of the West’s economic response to Russia’s invasion and bombardment of Ukraine was the freezing of Russia’s central bank assets. In the March 7 edition of his Global Money Dispatch newsletter, the Credit Suisse investment strategist Zoltan Pozsar writes that the… Read More Regime Change?
After the truth-shower 