Global crude price has risen by almost $9 since 10 March, when the Lok Sabha polls were announced. But average petrol price in India has risen by just 50 paise.
The US govt said the Chabahar port project is a separate exception and will not be impacted by the decision to not renew exemptions from Iran sanctions.
Donald Trump’s decision not to issue waivers to the importers of Iranian oil gives Saudi Arabia the chance to absorb Iran’s market share without compromising the price.
Set up by Lal bahadur Shastri, the Santhanam Committee's key concern was that corruption, once limited to the lower rungs of the bureaucracy, had now infected the All India Services and political leadership.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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