{"id":553215,"date":"2023-02-06T10:36:56","date_gmt":"2023-02-06T05:06:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553215"},"modified":"2023-02-06T12:00:55","modified_gmt":"2023-02-06T06:30:55","slug":"adani-crash-fm-says-no-dent-in-macro-economys-image-sebi-steps-in-as-well","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-crash-fm-says-no-dent-in-macro-economys-image-sebi-steps-in-as-well\/","title":{"rendered":"Adani crash: FM says no dent in macro, economy\u2019s image; Sebi steps in as well"},"content":{"rendered":"<p>The government Saturday again stepped in to calm the markets hit by the Adani sell-off stating that the macro-economic fundamentals and the country\u2019s image have not been affected. And that the \u201cindependent\u201d regulators will do their job on the crash in stocks of Adani group companies after US-based Hindenburg Research raised allegations of \u201cbrazen stock manipulation and fraud\u201d against the group. <\/p>\n<p>Union Finance Minister Nirmala Sitharaman said here that India\u2019s foreign exchange reserves have gone up by $8 billion in the last two days. \u201cSo our macro-economic fundamentals or our economy\u2019s image\u2026 none of which has been affected. FPOs come in and FIIs come and get out\u2026 these fluctuations are there in every market,\u201d Sitharaman said, when asked about the impact of the Adani episode.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government Saturday again stepped in to calm the markets hit by the Adani sell-off stating that the macro-economic fundamentals and the country\u2019s image have not been affected. And that the \u201cindependent\u201d regulators will do their job on the crash in stocks of Adani group companies after US-based Hindenburg Research raised allegations of \u201cbrazen stock manipulation and fraud\u201d against the group. Union Finance Minister Nirmala Sitharaman said here that India\u2019s foreign exchange reserves have gone up by $8 billion in the last two days. \u201cSo our macro-economic fundamentals or our economy\u2019s image\u2026 none of which has been affected. FPOs come [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-553215","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=553215"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553215\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}