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World Bank chief welcomes new BRICS development bank

New Delhi, July 24 (ANI): The World Bank welcomed a $100 billion development bank founded by the BRICS nations and is ready to provide it with technical assistance, the World Bank president said after a meeting with Prime Minister, Narendra Modi. The BRICS developing nations - Brazil, Russia, India, China and South Africa - announced the bank last week, saying it would fund infrastructure projects in developing nations - a reflection of their growing importance in the world economy. The World Bank group was ready to increase its financial support to support job-oriented skills and infrastructure development in India to $15 billion to $18 billion over the next three years, Jim Yong Kim, World Bank Group President who looked inspired by Modi's economic agenda and policies, said that Modi has set-up some goals for the bank and they would make all efforts to achieve those. He also applauded Modi government's targets of ambitious growth rates. Jul 24, 2014
glasgow-ready-for-biggest-commonwealth-games-ever Play

Glasgow ready for 'biggest Commonwealth Games ever'

Organisers of the 2014 Commonwealth Games have praised Glasgow for hosting the "biggest Games ever" with almost 5,000 athletes from 71 nations -- and given their vote of confidence to the future of the event. Duration: 00:43 Jul 24, 2014
osce-team-finds-puncture-marks-on-mh17-fuselage Play

OSCE team finds 'puncture marks' on MH17 fuselage

Monitors from the European security body OSCE and Malaysian inspectors on Wednesday found parts of the fuselage of the downed Malaysian flight MH17 with "significant puncture marks", the OSCE said. Duration: 01:06 Jul 24, 2014
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Famed Somali singer and lawmaker shot down by Shebab

Somali lawmaker and prominent singer-songwriter Saado Ali Warsame was shot dead Wednesday in the capital Mogadishu in the latest attack by Shebab insurgents against the government, police and witnesses said. Duration: 00:34 Jul 24, 2014
at-least-42-killed-in-taiwan-plane-crash Play

At least 42 killed in Taiwan plane crash

At least 42 people were killed in a plane crash in Taiwan on Wednesday, officials said, with witnesses and local media reporting the flight came down in a storm after an aborted landing. Duration: 00:52 Jul 24, 2014
In Gaza, whatever the target, children often the victims Play

In Gaza, whatever the target, children often the victims

The spiraling number of children killed in the latest conflict between Israel and the Palestinian group Hamas in Gaza has raised international concern. ATTENTION: This report contains images of dead and wounded children. Duration: 01:56 Jul 23, 2014
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