Chidambaram has often said every country
    should have a safe and comfortable limit
    for holding forex reserves to meet the
    balance of payment requirements, and
    beyond which the reserves should be
    utilised for investments in needy sectors
    of the country particularly in
    infrastructure.

Read that as utilised for investments where cronies benefit. We'll keep you updated on how fast the reserves dwindle. Watch this space.

We learn that Niko has already submitted a plan to profit by tapping India's oil wealth.

     Conveniently for leaders of both camps,
     this simple, primordial conflict around
     land was stoked by fiercer passions: Tribe
     and creed, resentment against outsiders,
     competition for political power, an
     overabundance of guns and frustrated young
     men to put them to use.

     That combustible mix fueled a recent
     orgy of violence across this fertile
     central Nigerian state. Churches and
     mosques were razed. Neighbor turned against
     neighbor. Reprisal attacks spread until
     finally, in mid-May, the government imposed
     emergency rule.

The article states that Allah was on the side of Muslims.

    With Allah on their side, retaliation
    followed retaliation. In February,
    Christians were burned to death inside
    a church in Yelwa.

That would make you think that Religion of Peace won over Religion of Love. But wait!

     In early May, a Christian militia
     slaughtered Muslims

So that is a draw!