Gautam Adani and his brother Rajesh were investigated by the Serious Fraud Investigation Office (SFIO), which comes under the Ministry of Corporate Affairs.
The central bank has rolled out some of its toughest measures in more than a decade to curb speculation & support the currency, which has been setting successive record lows this year.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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