Is George Soros making the biggest short-selling play of his life on India?

On Thursday (February 16, 2023), the Hungarian-American billionaire hedge fund manager George Soros, speaking at the Munich Security Conference, said that following the mayhem with Adani group shares, Narendra Modi “will have to answer questions from foreign investors and in parliament”. “This will significantly weaken Modi’s stranglehold on India’s federal government,” he read out from his typed-out speech, “and open the door to push for much-needed institutional reforms. I may be naive, but I expect a democratic revival in India.”