Greece defaults on International Monetary Fund (IMF) debt

Greece defaults on International Monetary Fund (IMF) debt

Washington, Jul 1: Greece has become the first developed country to default on its debt to the International Monetary Fund, after missing a 1.5 billion euro (USD 1.7 billion) payment. “I confirm that the SDR 1.2 billion repayment due by Greece to the IMF today has not been received,” said Fund spokesman Gerry Rice yesterday.“We […]

No compromise in rape case over wedlock: Supreme Court

No compromise in rape case over wedlock: Supreme Court

New Delhi, July 1: The Supreme Court on Wednesday held that there can be no compromise in a rape case in the name of promising wedlock.An apex court bench headed by Justice Dipak Misra said that any compromise promising wedlock between a rape accused and the victim compromises the dignity of the woman.The court said […]

Greece tourism takes a hit amidst fears of possible ‘Grexit’

Greece tourism takes a hit amidst fears of possible ‘Grexit’

Washington, D.C., June 30 : Greece’s tourism industry has taken a hit as uncertainly looms large over the country’s future in the eurozone. Chris Wright, the manager director of British travel agency Sunvil Group, said that there was no doubt that bookings had slowed down the last few days. He added that bookings were being […]

FBI probing series of arson in African American churches in US

FBI probing series of arson in African American churches in US

London, June 30 : Federal Bureau of Investigation (FBI) has reportedly launched a probe into a series of fires that ravaged a number of African-American churches across the southern part of the U.S. to ascertain if the blazes were related.Last week, fires were reported in six black churches in Florida, Georgia, North Carolina, South Carolina […]

‘Powerful people involved in Vyapam scam’, alleges Congress

‘Powerful people involved in Vyapam scam’, alleges Congress

New Delhi, June 30 : The Congress Party on Tuesday said that powerful people were involved in the rising number of deaths of persons associated with the Vyapam scam and demanded that the Supreme Court must look into the matter.”We are all very concerned about it and are going to the Supreme Court now,” Congress […]