Finance secretary dismisses Adani crisis as 'storm in tea cup'
India’s top finance ministry bureaucrat, the Reserve Bank of India, bourse authorities and a clutch of Wall Street banks and global credit rating agencies joined forces on Friday to stop the Adani trainwreck from careening into another week. The Narendra Modi government, which has been under attack over the crisis that has engulfed the Adani group, had been shocked into silence after l’affaire Adani overshadowed Nirmala Sitharaman’s budget, unsure whether any comment or move over the $100-billion meltdown ...