India may soon feel a stronger impact of the ongoing conflict in West Asia, with rising global crude oil prices likely to affect consumers if disruptions continue, RBI Governor Sanjay Malhotra said. Addressing the 12th high-level conference on the International Monetary System, organised jointly by the International Monetary Fund and the Swiss National Bank, Malhotra said the Indian government has so far absorbed much of the pressure caused by higher international oil prices.
In a major development, the Delhi Police on Tuesday transferred another case registered against Cockroach Janta Party leaders Saurav Das and Ashutosh Ranka to the Crime Branch. The Crime Branch will now investigate two cases against the CJP leaders, sources told news agency PTI. The other case linked to Das and Ranka allegedly entering the Jantar Mantar area was transferred to the Crime Branch on Monday.
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Even as US President Donald Trump continues to stress that he would never allow Iran to go nuclear, Tehran has reportedly refused to surrender the stockpile of its enriched uranium under a potential agreement. Further, the Islamic Republic has reiterated that no talks would be held with the United States until the demands raised by it are fulfilled.
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