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Huileng Tan
30 Jan 2023, 12:32

Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

Adani saw his biggest wealth wipeout ever after a short-seller report containing allegations of market manipulation and fraud was published last week.

Sensex, Nifty50 to open on a tepid note amid mixed global cues: Adani Enterprises, Vedanta, L&T, Tech Mahindra among stocks in focus
Rounak Jain,Bhakti Makwana
30 Jan 2023, 09:14

Sensex, Nifty50 to open on a tepid note amid mixed global cues: Adani Enterprises, Vedanta, L&T, Tech Mahindra among stocks in focus

Asian stocks were mixed on Monday as investors awaited the US Fed’s decision on interest rates and commentary on inflation this week. Taiwan TSEC 50 Index surged 2.94%, Shanghai SE Composite Index was up 0.53% and Nikkei 225 up 0.33%. Meanwhile, Hang Seng was down 1.39% and Kospi slid 1.21%. Markets in the US closed higher on Friday with tech heavy Nasdaq gaining 0.95%, S&P 500 up 0.25% and Dow Jones up 0.08%.

Jeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes.
Matthew Fox
29 Jan 2023, 20:23

Jeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes.

"The bursting of the global housing bubble is likely to have a more painful economic knock-on effect than the decline in equities," Grantham said.