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Adani, LIC, and the Washington Post Allegations: Separating Fact from Political Narrative
The Storm Around India’s Business Giant India’s Adani Group has once again found itself at the center of global controversy. In October 2025, The Washington Post published an explosive report alleging that Indian government agencies, including the Department of Financial Services (DFS), NITI Aayog, and the Life Insurance Corporation of India (LIC), had jointly crafted a plan to funnel nearly $3.9 billion (around ₹33,000 crore) of LIC’s funds into Adani Group companies. The
Oct 315 min read
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