PM Modi says committed to meeting budget deficit goal

New Delhi, Jan 17 (ANI): Prime Minister Narendra Modi has said that he is committed to meeting this year's budget deficit target, welcoming a cut in interest rates by the Reserve Bank of India (RBI) on the back of falling inflation. In a speech, Modi said his government would cut wasteful spending, streamline the payment of welfare benefits and raise investment in roads and railways to boost economic growth in Asia's third-largest economy. Modi's comments signalled his assent to RBI Governor Raghuram Rajan's call for "sustained high quality fiscal consolidation" as a condition for further monetary easing after a surprise quarter-point cut on Thursday. The 64-year-old prime minister said it would be difficult to revive economic growth but promised to deliver incremental reforms. Jan 17, 2015
high-rise-building-under-construction-in-mumbai-catches-fire

High-rise building under construction in Mumbai catches fire

Mumbai, Jan 17 (ANI): A massive fire broke out at a 42-storeyed building which was under construction at the Omkar Alta Monte complex, Malad (East) on Friday night. The fire started around 11 p.m. According to reports, it broke out on the 37th floor and later spread to the 42nd floor. Fire tenders and officials were rushed to the spot. However, the fire fighters had to face difficulty as they did not have facilities to reach the 37th floor. The fire was later doused. Jan 17, 2015
india-steps-up-security-in-border-towns-ahead-of-republic-day

India steps up security in border towns ahead of Republic Day

Amritsar, Jan 17 (ANI): Security has been tightened across India ahead of Republic Day's celebrations on January 26. Extra vigil is being mounted at border towns as Indian security agencies fear militant attacks from across the border ahead of US President Barack Obama's visit to the country. Obama will be the first US President to attend a Republic Day celebration. He is the only US President to visit the country twice while in office. India security officials have said around 200 militants are waiting to cross over from across the border. Jan 17, 2015
south-koreas-outlaw-tattoo-artists

South Korea's outlaw tattoo artists

Tattoos have hit the mainstream in South Korea but the law is lagging behind, leaving the growing number of Korean tattoo artists vulnerable to prosecution on the whim of local authorities. Jan 17, 2015
100-feared-dead-after-boat-sinks-in-c-africa

100 feared dead after boat sinks in C. Africa

Nearly 100 people are feared dead in the Central African Republic after a boat caught fire and sank on a river in the strife-torn country, officials say. Duration: 00:42 Jan 17, 2015
us-un-warn-myanmar-over-growing-religious-tensions

US, UN warn Myanmar over growing religious tensions

A top American diplomat decries growing religious intolerance in Myanmar and warns the use of faith for political ends is "playing with fire" in a crunch election year for the former junta-run country. Duration: 00:59 Jan 17, 2015
interfaith-leaders-gather-in-solidarity-at-a-london-mosque

Interfaith leaders gather in solidarity at a London mosque

The Muslim Council of Britain met with other religious leaders at a London mosque in show of solidarity against terrorism, with the general secretary of the umbrella organisation urging people to exercise 'freedom not to offend'. Duration: 00:54 Jan 17, 2015
families-reunited-in-havana-as-us-eases-travel-with-cuba

Families reunited in Havana as US eases travel with Cuba

The United States eases travel and trade restrictions with Cuba, marking the first concrete steps towards restoring normal ties with the Cold War-era foe since announcing a historic rapprochement. Duration: 00:58 Jan 17, 2015
muslims-around-the-world-rally-against-charlie-hebdo

Muslims around the world rally against Charlie Hebdo

One person was shot and another injured in clashes between anti-Charlie Hebdo protesters and police outside the French consulate in Pakistan's Karachi, an AFP correspondent at the city's main hospital said. Jan 17, 2015