Is India’s Economy a Bubble Waiting to Burst? A Look at Allegations of Market Manipulation by Government, Adani, and SEBI Introduction The Indian economy has demonstrated remarkable growth in recent years, drawing international attention as a rising global power. But beneath the surface, there are growing concerns that this growth may be less stable than it appears. Allegations of market manipulation, primarily involving the government, large corporate entities like the Adani Group, and even regulatory bodies like SEBI, suggest that the economy may be propped up by speculative practices and inflated market values. This article explores these allegations and how they could point to an economic “bubble” waiting to burst. Adani, SEBI, and the Market Manipulation Allegations At the center of these concerns is the Adani Group, a conglomerate with significant influence over critical sectors in India. Over the past year, the Adani Group has been embroiled in controversies, including allegat