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Centre hasn't intervened in Adani crisis: PM Modi's economic adviser

Shortpedia

Content Team
Image Credit: NewsBytes

Prime Minister Narendra Modi-led central government has reportedly not intervened in the Adani Group's scuffle with United States (US)-based short-seller Hindenburg Research, which triggered a massive downfall in the company's shares. "Nobody's having to rescue anyone in our system," Bloomberg quoted Sanjeev Sanyal, an economic adviser to the prime minister, as saying. Sanyal revealed the information in an interview in New York.