HomeAbout

TL;DR CNBC


India hits back after George Soros says Adani troubles will greatly weaken Modi's grip on power - TL;DR CNBC

India hits back after George Soros says Adani troubles will greatly weaken Modi's grip on power

Publishing timestamp: 2023-02-20 02:10:47


Summary

India's foreign minister criticized billionaire investor George Soros after he alleged Adani turmoil will weaken Prime Minister Narendra Modi's grip on power and lead to "democratic revival" in country. The dispute highlights renewed scrutiny on the relationship between India's leader and business tycoon Gautam Adani, who has lost billions in net worth since a short seller report accused his companies of fraud. Opposition critics have seized on the report to attack Modi and his party ahead of national elections set for next year.


Sentiment: NEGATIVE

Tickers: ADANIENT-IN

Keywords: indiaasia economynarendra modiworld economygeorge sorosbusiness news

Source: https://www.cnbc.com/2023/02/20/india-hits-back-after-soros-comments-on-adani-fallout-and-pm-modi.html


Developed by Leo Phan