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Norway’s Wealth Fund Drops Adani — And India’s Opposition Pounces

In India, Congress leader Rahul Gandhi seized on news that Norway’s $1.2 trillion sovereign wealth fund — the world’s largest — has excluded Adani Green Energy from its portfolio over alleged links to financial crime. The decision, made in February 2026, has become a political flashpoint, with Gandhi using it to attack Prime Minister Narendra Modi’s relationship with the Adani conglomerate. The Hindu reports that Gandhi framed the move as an indictment of the government’s credibility on corporate governance [15].

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