LIC vs Washington Post:$3.9 Billion Adani Investment Claim Busted | Full Details Inside
Автор: Unacademy IAS: English
Загружено: 2025-10-27
Просмотров: 6029
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#lic #adanigroup #washingtonpost
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The Life Insurance Corporation of India (LIC) has strongly refuted a Washington Post report alleging that India’s Finance Ministry expedited a $3.9 billion (Rs 33,000 crore) investment plan directing LIC funds into the Adani Group. LIC clarified that all its investment decisions are made independently under Board-approved policies and not influenced by the Finance Ministry or any other government body. The insurer emphasized that the allegations were baseless and aimed at damaging its credibility and reputation. Meanwhile, the Adani Group also denied receiving any preferential treatment or government-backed investment plans from LIC. Watch this video for a detailed analysis of LIC’s official response, The Washington Post’s claims, and the implications for the Adani Group and India’s financial sector. Stay tuned for updates on the LIC–Adani controversy and its impact on India’s investment ecosystem.
LIC vs Washington Post:$3.9 Billion Adani Investment Claim Busted | Full Details Inside
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