Russian President Vladimir Putin addressed the largest industrial fair in Hanover, Germany, as he arrived in the country on Sunday for an official visit.
Six people have been arrested in Chandigarh in connection with an international drug racket. The police also found money worth Rs 2 crore and raw materials to manufacture heroin. The accused manufactured heroin and supplied to them to European and American mar...
Bruno Verstraete, partner at Lakefield Partners, joins the discussion from Zurich to predict the trades, in relation with European markets. According to him, the political uncertainty has brought back fears for Eurozone's debt crisis. However, European shares ...
As summer time approaches, Telugu stars are packing their bags for long months abroad. It is of course for the shooting of their movies, but producers are vying to show new and more dramatic locations in their films, the stars aren't complaining.
In the wake of intensifying economic woes around the world, economic ministers and financial heads of the central banks from Group of 20 countries will meet today in Moscow. While Russia sees it as a launchpad to the G20 summit to be held in September 2013, th...
As John Kerry begins his term as US Secretary of State, it has been revealed that many of the ambassadors serving under him were major donors to Obama's campaign. It is said that this year's competition to land the most sought-after diplomatic spot was especia...
The Europol has identified 380 football matches in top leagues in Europe and abroad that have been fixed, bringing in about eight million euros in profit. The criminal investigation has identified 425 officials, players and criminals who have been involved in ...
Berlin-based political scientist Judith Winkler believes that François Hollande's attempts to counterbalance Germany's austerity push will only prolong Europe's agony. Before the Cold War, it was Germany that carried the economic weight while France carried t...
The global economy is on the verge of a currency war. Japan, with its new Prime Minister has been pushing for a more aggressive Central Bank policy, has been dropping the Yen by 11 per cent since December. Meanwhile, in Europe, the Euro is rising despite the E...
IMF's top economist Olivier Blanchard admits that the austerity forecasts were wrong. Marco Pietropoli, a financial adviser and wealth manager, says it is not the people's fault and it is the government's mistake that it overspent.
Sophie Shevardnadze gains access to the Kremlin that is hidden from visitors. She begins with a walk around the Kremlin Wall and then gets a closer look at the Spasskaya Tower Clock, the oldest in Europe. The Spasskaya Gate was open to visitors until the late ...
Here is a snapshot of the Christmas celebrations across Europe, Russia and USA. Normally in Russia, Christmas is celebrated on a different day, but this time Catholics celebrated it starting from Monday midnight. The story has visuals of US armed forces statio...
Britain's resurgence and the Europe's scepticism is now even getting the United States a bit worried. Washington is now anxious that it could lose its influential ally in the European Union and is even warning of consequences if the United Kingdom leaves the b...
Europe believes that Russia-EU cooperation should be defined by choice and not forced by necessity. This view is also echoed by Russian Prime Minister and President-elect Vladimir Putin, who is in talks with the bloc's leaders in Brussels.
Pan-continental energy issues are likely to gather steam as President Putin heads to Brussels to meet European Union leaders. Europe believes that Russia-EU cooperation should be defined by choice and not forced by necessity. This view is also echoed by Russia...
Almost a quarter of the European population are at the brink of sliding below the poverty line. While some EU citizens are tired of being suffocated by austerity, others are growing weary of continuously having to stretch out a helping hand. Demonstrators arou...
Heavy snowfall across southeast Europe has been blamed for stalling the lives of the people. Six deaths have been reported in Croatia, Bosnia, Serbia and Romania. Reports claim that this has been recorded as the heaviest snow fall in the past 57 years.
Russia’s state-owned gas major Gazprom and its partners are beginning construction of the 16 billion dollar South Stream pipeline that will run under the Black Sea to Europe and rival the Nabucco project. The symbolic first welding of the pipeline took place...
After three years of trial-and-error, the Eurozone's Finance Ministers now claim that they have found the key to saving Greece. Aside from agreeing to handover more bailout cash, the EU also vowed to ease up on non-conditions. However, some economists believe ...
The EU leaders unanimously agree that reducing the defence budget will lead to its strategic decline and are intent on keeping their national militaries strong. It can create jobs and will also lead to investments in the military industry.
Steven Woolfe, the financial spokesperson of the UK Independence Party, says the ongoing crisis in Europe is a battle between the poor and the political elite, who are only protecting their own interests by defending a system that will not offer any growth to ...
European leaders are trying to work out a budget deal at the EU summit in Brussels. There are opposing opinions about what to cut and what to fund, and whether to increase, decrease or freeze the budget. UK's Prime Minister David Cameron is under immense presu...
The newly formed Syrian opposition coalition which is being backed by Europe has been rejected by Islamist groups. This schism is splitting those trying to topple the regime in Syria. The groups in Aleppo claim that they are on their way to building an Islamis...
German chancellor Angela Merkel has visited London for crucial talks with UK Prime Minister David Cameron over the European Union budgets. Angela Merkel tried to convince David Cameron not to veto any increase in spending, which the UK Parliament is insisting ...
Fears of separatisms rise over the plan to build a 10,000-capacity mega-mosque in London. The mosque which will be the size of Battersea Power Station has been planned for West Ham near the Olympic Park in east London. Critics, however, have slammed the plan ...
Spotlight | The Secretary General of the Organization for Security and Cooperation in Europe (OSCE), Lamberto Zannier, talks about a possible political reform in the organization. While many believe that a major reform is needed to keep the organization afloat...
The proposed change to the EU fiscal policy will permit Brussels to tell member states how to spend their money. The Chairman of the Libertarian Party of Netherlands claims that this move will endanger the European people.
European leaders have agreed on a deal that will bring centralised banking supervision to the continent. The controlling body will be gradually fazed-in over the course of two years. Regulating close to 6000 banks, budgetary union and aid to banks bypassing so...
The European Union is likely to tighten the screws on Iran over its nuclear programme. The new financial sanctions will ban EU metal sales to the country, halt import of Iran's natural gas and will also place various restrictions on oil shipments in the region...
Analysts and investment advisers from around the globe believe that the economic strategies of the leading economies in Europe are likely to drag the entire region into a financial slump. While Spain and Greece are struggling to keep their heads above water in...
The anti-austerity protests, which have swept across the European Union, have been dubbed a wake up call for the world against financial restrictions. The epicentre of the demonstrations, Europe, received the Nobel Peace Prize this week. The news was, however,...
Marred by a devastating debt crisis, mass protests and the rise of radicalism, the European Union has, however, been awarded the Nobel Peace Prize for sowing peace across Europe. The reaction to the declaration of the Nobel Peace Prize has not been welcoming a...
After tackling recession and spending cuts, British Prime Minister David Cameron has more woes to deal with. London Mayor Boris Johnson is capturing the public and his party's minds, even overshadowing the beleagured leader at the Conservatives Conference held...
Market Hour speaks to IOC's PK Goel on whether there will be further price cuts in petrol. US Treasury Secretary Timothy Gethner who is in India for a two-day visit will meet Finance Minister P Chidambaram and hopes to improve trade relations between the two c...
Ukrainians who headed to Europe in search of a better life are returning home to escape the Euro crisis. The opportunities and lifestyle back in Ukrain is seen as more comfortable than the situation in Europe right now. Ukrainian migrants are a source of chea...
Hugo Chavez, the man behind the socialist revolution in Venezuela, is re-elected as the President. An unpopular figure in the western world, Chavez is credited with nationalising the oil industry and reducing poverty by 70 percent. The country's economic phils...
On Market Hour: Telecom Minister Kapil Sibal supports levying one time spectrum fees but says the Cabinet will take the final decision. Market Hour speaks to Rajan Mathews from COAI, Swati Kulkarni from UTI AMC and Mohit Sarat from Luthra & Luthra for their re...
Market Hour brings reactions from the insurance sector after the Cabinet clears bills and raises FDI in the insurance sector to 49 percent. The FDI in pension fund is also on par with insurance now. Finance Minister P Chidambaram says these reforms will influe...
The top stories on Market Hour are: Montek Singh Ahluwalia explains how the FDI in insurance will help attract investors; Deepak Parekh stresses the importance of rehauling the regulatory framework and environmental clearances; Subir Gokarn on inflationary imp...
A restaurant owner sits atop the dome of St Peter's Basilica in the Vatican City due to the austerity cuts and economic policies imposed by the EU. The shaky economy and the resulting cuts are increasing unemployment.
Peter Lavelle turns the focus on the austerity measures in Europe, and if politics and economy have been reduced to a contest between the democratic government and market preferences. The austerity cuts implemented as the Eurozone recovers from the financial c...
Al Gurnov's guest on this episode of Spotlight is one of the most influential and award-winning directors in Europe, Paolo Taviani. He, along with his brother Vittorio, made the film 'Caeser Must Die', which won the Golden Bear award at the Berlin Film Festiva...
On Market Hour: Goldman Sachs AMC's Jim O'Neill confirms that the reform action is positive but implementation is key; Quantum Securities' Sanjay Dutt and Jyotivardhan Jaipuria dicuss the policy impact on markets and whether policy paralysis is turning into re...
On Market Hour: Subir Gokarn, Deputy Governor, RBI talks about concerns over inflationary risks; Rakesh Jhunjhunwala of RARE Enterprises on Global Insights with Punita Sinha Kumar about sectors to bet on; Dhiraj Sachdev and Varun Lohchad on where investors sh...
The Prime Minister of Luxembourg Jean-Claude Juncker speaks to Al Gurnov about keeping the Euro afloat. As the President of the Euro Group, he is involved in the process of stabilising the Euro and is dubbed in the media as 'Mr Euro'. He calls the current cris...
On The Lone Liberal Rumble, Thom Hartman asks if election reforms should include third party presidential candidates in debates. To argue this are Judson Phillips from Theteaparty.net and Marc Harrold, a Libertarian commentator. This comes after Libertarian pr...
Market Hour features Rakesh Jhunjhunwala from RARE Enterprises, Sudhir Vasudeva from ONGC and Arup Roy Choudhury from NTPC. Jhunjhunwala speaks to Punita Kumar Sinha about the recent policy initiatives and where to put your money. Vasudeva raises the issue of ...
In this edition of Market Hour: Raghuramrajan, Chief Economic Advisor to Finance Ministry, discusses the Government's policy action and how that has curbed the chances of a downgrade; an exclusive interview with HDFC Bank's Aditya Puri about the reform policie...
In this edition of Market Hour: CCEA clears bailout for ailing State Electricity Board and a look at what other measures will help the power sector in the long term; the United Spirits and Diageo deal might be sealed soon; Onmobile's HH Haight in an exclusive ...
A new rescue cabin has been built on Mount Elbrus, Europe and Russia's highest mountain, to attract mountain climbers, in case they are stranded or need immediate help. It has been observed that many people have died on the mountain, either because of the weat...
Jose-Maria Olazabal, Ryder Cup captain, Team Europe, announces that he has picked England's Ian Poulter and Belgium's Nicolas Colsaerts as his two wild-card entrants to the team. Poulter will be playing his fourth Ryder Cup while Colsaerts remains the only roo...
Punita Kumar Sinha quizzes Raghuram Rajan, Professor-Finance, University of Chicago, about the Euro crisis. Rajan talks about the advantages of a common currency and how a breakup of the Euro can plunge those European countries into a deep recession. He believ...
The Agro Watch segment paints a grim picture as the UN warns of a food crisis. Unproductive weather conditions around the world has seen a sharp rise in wheat and corn prices in the international market. Ajay Goyal, MD, Shivaji Flour Mills states his view on ...
The Indian Space Research Organisation is now attempting to conquer the 'Mars' challenge. Following the Union Cabinet's approval, ISRO is likely to launch a polar satellite launch vehicle routed for Mars, as early as November next year. The move will put Indi...
Spain arrives at the Euro Cup 2012 as the defending champion and the World Cup winner looking to become the first side to win three major international trophies in a row. It has won all eight of its qualifiers for Euro 2012.
Europe is in a deathly grip of snow and the freeze has claimed over 200 lives so far. A state of emergency has been declared across several countries in the continent.