CRISIS

  • Europe deflation biggest risk to global economy in 2015: Nobel Laureate for Economics 4 days ago

    Nobel Laureate for Economics Edmund Phelps speaks out on Global Financial Crisis saying that Europe's deflation is the biggest risk to the global economy in 2015. ...
  • Ownership, management control to be transferred to co-founder Ajay Singh: Spicejet January 15, 2015

    New Delhi: As part of its revival plan, cash-strapped carrier SpiceJet on Thursday said that its promoter Kalanithi Maran would transfer his entire stake in the carrier to original founder Ajay Singh as part of plans to revive it. Kalanithi Maran & KAL Airways Pvt Ltd will be transferring ownership and...
  • Rupee drops to one-week low of 63.41 vs dollar, down 12 paise January 5, 2015

    Mumbai: The Indian rupee on Monday reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback on weakness in local equities amid fresh dollar demand from importers. A firm dollar overseas too weighed on the rupee even as participants took heart from renewed capital inflows...
  • IMF agrees to release $ 1 billion to Pakistan December 18, 2014

    Washington: The International Monetary Fund (IMF) has agreed to release another USD 1.05 billion in financial assistance to Pakistan as part of its effort to help the country overcome economic crisis. With this, the total disbursements under the arrangement is about USD 3.2 billion, a statement said after the IMF Executive...
  • Watch: Timeline of Sydney siege December 16, 2014

    Watch the 17-hour-long siege that unfolded in the Lindt Chocolate Cafe in downtown Sydney on Monday. ...
  • Sydney: Twitteratis come out in support of Muslim women abused on a bus December 16, 2014

    Thousands have come out to show their solidarity with Muslims and are tweeting with the hashtag 'I will ride with you'. The movement was started after reports that some women in burqas were abused on a bus in Sydney following the hostage crisis. Anti-Muslim sentiment flared as chilling images from...
  • Sydney crisis: Lindt cafe manager, lawyer killed in hostage drama December 16, 2014

    Sydney: Two hostages who have been killed in the 17-hour-long hostage drama at a cafeteria in Sydney were identified as the manager of the Lindt Chocolate cafe and a lawyer. The 38-year-old lawyer, Katrina Dawson, was a mother of three young children who became the victim of the siege. She was...
  • Sydney siege ends, 2 dead December 15, 2014

    Australian security forces on Tuesday stormed the Sydney's Lindt cafe where several hostages were being held at gunpoint, in what looked like the dramatic denouement to a standoff that had dragged on for more than 16 hours. ...
  • Sydney crisis ends as police storm Lindt cafe December 15, 2014

    Australian security forces on Tuesday stormed the Sydney's Lindt cafe where several hostages were being held at gunpoint, in what looked like the dramatic denouement to a standoff that had dragged on for more than 16 hours. ...
  • Belgium hostage crisis: 3 suspects surrender, no hints of terror December 15, 2014

    Brussles: Three suspects in an armed hostage-taking incident in the Belgian city of Ghent surrendered to police on Monday, reports said, as officials said there were no indications of terrorism. Police had earlier surrounded an apartment after four armed men took a captive in a working-class area of the northwestern city. The...
  • Sydney crisis ends as police storm Lindt cafe; 3 dead including gunman, both Indians safe December 15, 2014

    Sydney: Sydney police say three people have died, including the gunman, during a hostage crisis that ended when officers stormed a downtown cafe. Police said the gunman was killed in a confrontation with police on Monday night (IST). They said in a statement that a 34-year-old man and a 38-year-old woman...
  • Sydney crisis: Australians offer support to Muslims amid siege December 15, 2014

    Sydney: Some Australian social-media users are sending a message of solidarity to Muslims as the Sydney cafe siege stretches on, offering to accompany anyone who feels intimidated. Hostages were still being held early on Tuesday inside Sydney's Lindt Chocolat Cafe by a gunman who had a flag bearing an Islamic declaration...
  • Sydney crisis: Indian techie's father prays for safe release December 15, 2014

    Guntur: Australian authorities have told the wife of an Indian techie, who is among the hostages at a popular cafe in Sydney, that the operation to free them is likely to be completed in a day while his family members in Andhra Pradesh are praying for his safe release. The father...
  • Sydney: Timeline of Australia hostage drama at Lindt cafe December 15, 2014

    Sydney: An armed gunman entered a Sydney cafe during Monday morning's rush hour and took an unknown number of hostages. Hours after the crisis began, five people escaped but a number of others remained inside. As night fell, there were no reports of injuries and the gunman's motives remained unclear....
  • 5 people escape from Sydney cafe in hostage crisis December 15, 2014

    Sydney: Five people escaped from a Sydney cafe where a gunman took an unknown number of hostages during Monday morning rush hour. Two people inside the cafe earlier held up a flag with an Islamic declaration of faith that has often been used by extremists, raising fears that a terrorist...
  • Hostage calls up Radio presenter from Sydney's Lindt cafe December 15, 2014

    A radio show host in Australia told CNN that one of the hostages inside the Sydney cafe got in touch with him and he could hear the gunman giving instructions to the hostages. ...
  • Sydney crisis: Infosys software engineer amongst hostages in Lindt cafe December 15, 2014

    Sydney: An Indian software professional is amongst several other people held hostage by an armed gunman in a cafe in downtown Sydney. A native of Andhra Pradesh, the engineer works with Infosys Australia. "One software engineer is among the hostages. He is an employee of Infosys Australia. Our consulate in Sydney...
  • US mulls lifting ban on gay blood donations December 3, 2014

    Washington: A US ban on blood donations by gays could be eased after 31 years, depending on the decision of a Food and Drug Administration advisory committee that began two days of meetings. Current US law bars any man who has had sex with a man even once since 1977...
  • Global Ebola toll rises to 5,689: WHO November 27, 2014

    Geneva: The World Health Organization on Thursday said that the global death toll from the Ebola virus had increased to 5,689 out of a total of 15,935 cases of infection, mainly in western Africa. The earlier WHO toll from last Friday gave a death toll of 5,459 and 15,351 cases. The WHO...
  • Chuck Hagel, under pressure, resigns as US defence secretary November 25, 2014

    Washington: US Defence Secretary Chuck Hagel resigned on Monday, leaving under pressure as President Barack Obama faces critical national security challenges, including fighting Islamic State in Iraq and Syria and revising plans to exit Afghanistan. It was the first major change to Obama's Cabinet since his Democrats were routed in midterm...
  • Ebola patient in India: Are we Ebola-ready? November 19, 2014

    As an Indian national returning from Liberia has been quarantined at a special facility at the Indira Gandhi International Airport in Delhi. CNN-IBN asks whether we are Ebola-ready and discusses it with Senior Consultant Dr. MS Jha at Primus Hospital. ...
  • West Africa nowhere near end of Ebola crisis: Barack Obama November 19, 2014

    Washington: US President Barack Obama warned on Tuesday that West Africa was still "nowhere near out of the woods" in its fight against Ebola. Obama spoke on Tuesday at the White House while meeting with his national security and public health teams on Ebola, Xinhua reported. "As long as the outbreak continues...
  • New MH17 video shows how the burning jet just missed hitting a Ukrainian village November 17, 2014

    Hrabove: Four months after Malaysia Airlines Flight 17 was shot down over rebel-held eastern Ukraine, a new video shows how close the burning passenger jet came to hitting village homes and suggests that residents first assumed it was a Ukrainian military plane that had been struck. The amateur footage, filmed by...
  • G20 commits to higher growth, fight climate change; Russia isolated over Ukraine November 16, 2014

    Brisbane: Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine. Russian President Vladimir Putin left the G20 summit in...
  • Vladimir Putin plans to leave G20 early after West blasts Russia over Ukraine November 15, 2014

    Brisbane: Russian President Vladimir Putin plans to leave the G20 summit early, a member of his delegation said, after Western leaders blasted Moscow on Saturday for the crisis in Ukraine and threatened more sanctions. The Russian official told Reuters that Putin planned to skip a working session on Sunday at the...
  • Intense artillery fire in Ukraine's rebel bastion Donetsk November 9, 2014

    Donetsk: Intense artillery fire broke out on Sunday in the separatist bastion of Donetsk in eastern Ukraine, according to AFP journalists in the area. Firing close to the town centre began to build up at 2300 GMT on Saturday and could still be heard, at the same intensity, two hours later. It...
  • Punjab: Endless wait for families of youngsters suspected to be in ISIS custody November 3, 2014

    Chandigarh: It continues to be an endless wait for families of 40 Punjabi youth suspected to be in ISIS custody in Iraq. 10-month-old Arshpeet has never seen his father Gurdeep who went to work in Iraq two months before he was born. Things were alright for the family until June...
  • Hong Kong government, democracy protest leaders begin talks October 21, 2014

    Hong Kong: Hong Kong authorities and pro-democracy protest leaders sat down for talks aimed at ending weeks of rallies that have paralysed the city's streets, on the same day the city's leader ruled out democratic reforms. The crucial talks began just hours after Hong Kong chief executive Leung Chun-ying said...
  • Hong Kong crisis deepens after weekend clashes, talks set for Tuesday October 20, 2014

    Hong Kong: A deepening sense of impasse gripped Hong Kong as pro-democracy protests entered their fourth week, with the government having limited options to end the crisis and demonstrators increasingly willing to confront police. Dozens of people were reportedly injured in two nights of clashes that began late on Friday in...
  • Iran must not be 'threshold nuclear power': Netanyahu to Obama October 1, 2014

    Washington: A skeptical Israeli Prime Minister Benjamin Netanyahu on Wednesday directly warned US President Barack Obama not to accept any Iran deal that would allow Tehran to become a "threshold nuclear power." Netanyahu and Obama renewed their often prickly relationship in the Oval Office, meeting for the first time since their...