Lack of confidence in euro zone has been overcome, says German finance Minister in New Delhi

New Delhi, Jan 21 (ANI): German Finance Minister, Wolfgang Schauble, said the euro zone has overcome a lack of confidence and is working to boost growth, but emerging nations should take the lead in reviving the global economy, in a seminar at New Delhi. Schauble, who is on a two-day India visit, to enhance bilateral economic relations, addressed a seminar entitled "Europe and India in the face of Globalisation" hosted by the Indian business group Federation of Indian Chambers of Commerce and Industry (FCCI) where he reassured India that the euro zone is not about to lurch into a fresh crisis. Asked about the impact of the Russia-Ukraine conflict, Schaeuble said whole of Europe has faced a lot of problems with Russia, but the most problems are faced by Russia itself. Europe would "deliver its fair contribution" to global growth, Schauble also said, while calling on emerging economies like India to make a bigger contribution. Later in the day, Schauble held a bilateral meeting with Indian counterpart, Arun Jaitley, in the capital. On Monday (January 19) Schauble also met Indian Prime Minster, Narendra Modi. Jan 21, 2015

Govts banking for all scheme surpasses target: Jaitley

New Delhi, Jan 21 (ANI): Prime Minister Narendra Modi’s promise to end “financial untouchability” with a scheme to ensure majority of households in the country of nearly 1.3 billion people has a bank account has almost been fulfilled, according to Finance Minister Arun Jaitley. Jaitley announced that the scheme called Pradhanmantri Jan Dhan Yojna (PJDY) or Prime Minister’s National Mission on Financial Inclusion, has achieved its target well before the deadline. According to the ministry of finance, by January 17, 2015 a record number of 115 million bank accounts have been opened in the country. Jaitley acknowledged the role of bank employees in achieving this ambitious target. Jan 21, 2015

Former Pak Foreign minister roots for peace with India

Amritsar, Jan 21 (ANI): The former foreign minister of Pakistan, Khurshid Mahmud Kasuri rooted for peace between his country and India. Tensions have risen between the two countries since Prime Minister Narendra Modi called off peace talks with Pakistan in 2014 August. Sporadic rounds of heavy shelling have pounded villages along a previously peaceful stretch of border in Kashmir. Kasuri said that a peaceful environment was vital for development of the nuclear-armed nations. Referring to peace talks between India and Pakistan in 2003-04 when he was foreign minister, Kasuri said that resuming harmony between the two nations was not an impossible task. Jan 21, 2015
khurshid-mahmud-kasuri-foreign-minister-pakistan-peace-narendra-modi Play

Khurshid Mahmud Kasuri, Foreign Minister, Pakistan, Peace, Narendra Modi

New Delhi, Jan 21 (ANI): A court has ordered the government to release blocked funds of Greenpeace India, the environmental group said, months after being accused of running campaigns that were hurting the country’s economy. India's intelligence service in June said Greenpeace and other lobby groups were damaging the country's economy by campaigning against power projects, mining and genetically modified food. While Greenpeace denied the allegations, India asked its central bank to tighten controls on moving funds from abroad into Greenpeace's Indian accounts. Greenpeace said the Indian government had "arbitrarily barred" it from receiving foreign funds from Greenpeace International and Climate Works Foundation in June 2014. The government's move to restrict the movement of funds had raised concerns that Prime Minister Narendra Modi's new government will be tough on foreign-funded activist groups. Jan 21, 2015
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Lassana "proud and touched" to become French citizen

The Muslim employee of the kosher supermarket attacked in Paris, Lassana Bathily, said Tuesday night he was "very proud and very touched" to have received French citizenship during a ceremony at the Ministry of the Interior. Duration: 01:00 Jan 21, 2015
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Franc surge casts shadow on Geneva luxury watch fair

Geneva's luxury watch show where shop owners search out such brands as Cartier and Piaget opened Monday under a cloud as the franc surged after the Swiss central bank abandoned its bid to hold down its value. Duration: 01:08 Jan 21, 2015
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The Sun covers them up, ending topless tradition

Phwoar no more: British tabloid The Sun has quietly ended a decades-old tradition of putting topless women on page 3 in a setback for schoolboy fantasies that was welcomed by women around the country. Duration: 00:54 Jan 21, 2015
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Malawi flood survivors cry out for aid

Frantic scenes greeted a military helicopter as it landed to deliver aid in a village after severe floods left 176 people dead and 200.000 homeless across Malawi. Duration: 00:30 Jan 21, 2015
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Danish wing of German anti-Islamist movement holds rally

The Danish wing of Germany's anti-Islamic PEGIDA movement staged its first rallies on Monday, drawing several hundred people in the capital and in other cities although marchers were outnumbered by counter-demonstrators. Duration: 00:33 Jan 21, 2015