The Adani Group, one of India’s largest business empires, has faced a shocking $55 billion loss in market value. This comes after US prosecutors accused its top executives, including chairman Gautam Adani, of being involved in a massive bribery and fraud scheme. Gautam Adani, once among the world’s richest men,
In 2023, the median pay for S&P 500 CEOs hit a record $15.7 million, driven by a booming stock market. Some CEOs raked in nine-figure packages, with Hock Tan of Broadcom topping the list at $161.8 million, a whopping 510 times his median employee’s pay. This surge in executive compensation
The data from the Ipsos Global Advisor Predictions polls from 2019–2023 suggest that the global stock markets might crash in 2023, as the majority of the respondents from all around the world said that the likelihood of a worldwide stock market meltdown in 2023 was higher than it was lower.
In the previous parts of this ongoing Foreign countries Dictating India Series we saw how after the collapse of the US economy in 2008, the Dubai Economic Miracle experiment was hatched to get rid of the Dubai FLU via Foreign Direct Investment in India routed through the tax-havens; whereby the
