Crude oil prices went up by around two dollars to around 125 dollars yesterday, due to militant attack in Nigeria disrupting supplies, and also due to reports that Iran is going full speed with its nuclear program. The Iran issue is set to come up for discussion in the UN forum this week and experts […]
The congress party lead Indian Government scraped through the confidence voting in their Parliament this week, with lot of fighting and behind the screen scams reported widely among the media. The congress party which became minority government, with the supporting left parties withdrawing support two weeks back, did a tremendous job in cobbling up the […]
Crude oil continued to slide yesterday also with the price touching 125 dollars, nearly 2 dollars down from previous close, due to the hurricane in the gulf of mexico changing course for the good. Also the waning demand from US , the largest consumer in the world, aided by increase in their inventory , resulted […]
The talks between US and Iran on nuclear research, has proved to be inconclusive with Iran saying that it will not be able to stop its research of Nuclear energy at its plants. With this, the western world has provided Iran with two weeks time to confirm to UN on stopping its nuclear ambitions, failing […]
Barak Obama has backed the Indo-US civilian nuclear deal saying that the deal is a win win deal for both USA and India. This backing is expected to pave the way for fast paced processing of this deal for approval by the Bush government over the next two months, if at all the Indian government […]
The pressure from US government in the last few weeks on India has yielded the desired result , with the Indian government formally requesting for the IAEA board approval for the Indo-US civilian nuclear deal this week. The Indian Government has now put itself in deep trouble , with their government now reduced to minority, […]
The crude oil prices dropped by nearly ten dollars in the last two days with comments from Iran that it is more willing to follow the dialouge route to resolve the nuclear issue with the rest of the world, instead of going for the confrontation. This lead to the crude oil prices crashing by 10 […]
The congress lead coalition Indian government is currently hanging in balance due to the threat of withdrawal of support by the Communist parties. The Communist parties have been the key reason in Congress party leading the government, for the last four years. Now, the congress party is said to be working with other regional players […]
The Bush administration may not be able to get the congress approval for the Indo-US civilian nuclear deal, as has been expected by the Indian government. Sources in US confirm that even if the Indian government provides the green signal for clearing the deal from their end, they might have to wait till the new […]
US and developed world continues to be worried with reports of Bin Laden being live and running in Afghanistan. A leading English news letter has claimed that he may be still providing key support and guidance to the Taliban and Al qaeda forces from his hiding place in the hilly terrains of Afghanistan under Taliban […]
