brics-summit-clears-setting-up-of-100-billion-new-development-bank-with-indias-presidency-first Play

BRICS Summit clears setting up of $100 billion New Development Bank with India's presidency first

Brazil, July 16 (ANI): Leaders of the five BRICS countries met for the first working session in Brazil in a major victory for India, sealed the agreement on the much anticipated 100 billion dollars BRICS Development Bank. The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India. The deal was reached after intense last-minute negotiations to settle a dispute between India and China over the headquarters of the new bank, which will have initial capital of $100 billion to invest in infrastructure projects. Negotiations to create the bank dragged on for more than two years as Brazil and India fought China's attempts to get a bigger share in the lender than the others. The stark economic and political differences between the BRICS countries have made it difficult for the group to turn rhetoric to concrete action in coordinating policies. Jul 16, 2014
shakti-mill-gangrape-case-jjb-convicts-two-minors-sends-them-to-correction-homes Play

Shakti Mill gangrape case: JJB convicts two minors, sends them to correction homes

Mumbai, July 16 (ANI): The juvenile justice board (JJB) convicted two minors for the gang rape of a photojournalist and a telephone operator in Mumbai and sent them to a reform centre for three years. Both the gang rapes took place inside Shakti Mills compound which is abandoned textile mill. Special Public Prosecutor Ujjwal Nikam, confirmed the judgment of the Juvenile Justice Board in Mumbai. Three other accused, Vijay Jadhav, Kasim Bengali and Mohammed Salim Ansari, were sentenced to death on April 04 this year for the two gang-rapes in Mumbai. Jul 16, 2014
India's East Coast Braces for Cyclone Phailin

Andhra Pradesh to Develop Vizag into Major IT Destination

The largest city of Andhra Pradesh on the state's east coast, Visakhapatnam will be developed into an "IT Capital" of the state thanks to its immense potential, the Minister for Information Technology Palle Raghunadha Reddy said in the city on Tuesday, 15 July. Jul 16, 2014
turkey-pm-accuses-israel-of-state-terrorism-over-gaza Play

Turkey PM accuses Israel of 'state terrorism' over Gaza

Turkish Prime Minister Recep Tayyip Erdogan on Tuesday stepped up his rhetoric against Israel over its deadly air offensive on Gaza, accusing the Jewish state of committing "state terrorism" against the Palestinians. Duration: 00:49 Jul 16, 2014
charity-in-restive-aleppo-serves-mass-meals-for-ramadan Play

Charity in restive Aleppo serves mass meals for Ramadan

An association in Aleppo is providing meals for residents whose families have left the war-torn city and are fasting for Ramadan. Organisers prepare and distribute up to 3000 meals for iftar, when the daily fast is broken. Duration: 00:54 Jul 16, 2014