India’s craving for Uranium rich nuclear energy

India in the month of April 2015 announced that it would buy $280 million worth of Uranium from Canada over a span of 5 years, thus ending a 40-year silent enmity they shared. The enmity was over India’s unwarranted use of Canadian technology to build nuclear weapons, which didn’t go down well with the Canadians.

 

How did the Indian rupee got burnt by the wrath of coal?

The Indian rupee has seen one of its worst times in the recent days, climbing to Rs. 65 per USD during the month of August 2013, up from only around Rs. 50/dollar in November 2012. It has created a chaotic situation in the country’s economy as the government and common man struggles to keep up with the expenses which just keeps rising everyday.

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