Not much is known about the Marichjhapi massacre that took place under the Jyoti Basu government on a tiny island in the Sundarbans where Hindu refugees had settled.
The currency dropped as much as 0.7% to 93.28 per dollar, after a public holiday Thursday. The central bank has been intervening to support the currency, with traders citing its presence Friday.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
COMMENTS