@article {article436, title = {Some early lessons from the Adani stock crash}, author = {Ajit Ranade}, journal = {Foundation of The Billion Press}, date = 2023-02-08, year = 2023, url = https://www.thebillionpress.org/columns/economy/some-early-lessons-adani-stock-crash-436, Abstract = {The sudden and steep crash in Adani group stocks took away some of the glow of the Union Budget news headlines. The total loss of wealth in market capitalisation was a staggering 100 plus billion dollars (i.e., 9 lakh crore rupees) between January 24 and February 3. This is one fifth the size of the Union Budget presented by the finance minister. The fall is } }