India's finance minister has announced plans to set up the country's first ever women only bank. P Chidambaram says he hopes that it will be granted a license by October.

Japan's prime minister Shinzo Abe has called for some nuclear plants to reopen in order to ensure energy security for the country.

EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.

Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.

India launched seven satellites into space. It's just the latest mission for India's space agency, which has its eyes on Mars at the moment.

The official news agency in China is reporting that the government will tax carbon emissions.

New research indicates that the main protection against the mosquito, DEET, may not be as effective as originally thought.

India is the world's second largest market for guns after the U.S. Gun control in India is tight, but the black market in arms flourishes. Some 85 percent of guns owned are illegally owned.

The Group of 20 major world economies are meeting in Moscow today, and the biggest item on the agenda is global monetary policy with some countries complaining about a 'currency war.'

The test is the country's third and is being condemned by the United States and other countries in the region.