The Indian government said it will invest more than $8.82 billion over the next five years to explore and extract deepwater oil and gas reserves in the country’s exclusive economic zone and save tens of billions of dollars in crude oil and natural gas imports in the long run. The decision is driven by India’s severe overseas dependence for crude oil, with the country importing up to 89% of its crude oil from abroad.

India has achieved a rare feat that it sought for decades to boost its nuclear energy sector that operated under the dark shadows of international sanctions and a crippling shortage of domestic uranium reserves.

Samrat Chaudhary, the son of a seasoned politicians and a former member of the RJD, took over from Nitish Kumar as Bihar's 24th Chief Minister and the first from the BJP's stables. Can he use political stability and his personal popularity to bring about change in the beleaguered state?