The main opposition Congress party has accused Modi and his Bharatiya Janata Party (BJP) of shielding Adani and stonewalling independent investigations into his dealings in the country, charges the ruling party has denied. Congress workers have also held street protests demanding a parliamentary probe.

News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime Minister Narendra Modi's economy.

Prime Minister Narendra Modi appealed for peaceful parliamentary proceedings shortly before opposition lawmakers demanded a debate about billionaire Gautam Adani, forcing proceedings to be adjourned.