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    In a shocking incident, a 57-year-old man was arrested for raping a 13-year-old girl, taking a video of the act and sharing it with his friends. As per the police the man ran a video game parlour in south Mumbai and perpetrated the crime after seeing the girl playing outside his shop. As per reports by Indian Express, an officer from the JJ Marg police station said that the man started the camera on his cellphone and then raped the girl while the act was captured on camera. He then threatened her with dire consequences if she told anyone about the incident. He then kept the memory card in a drawer in his shop. The incident came to light when the girl’s family members saw the video after someone showed it to them. A local resident who needed a memory card rummaged through t...

    Fears that China risks being the cause of a fresh global financial crisis have been highlighted by the International Monetary Fund in a hard-hitting warning about the growing debt-dependency of the world’s second biggest economy. The IMF’s health check of China’s financial system found that credit was high by international levels, that personal debt had increased in the past five years, and that the pressure to maintain the country’s rapid growth had bred an unwillingness to let struggling firms fail. While praising China’s president, Xi Jinping, for his commitment to improving financial security, the IMF said reforms by Beijing in recent years had not gone far enough. The system’s increasing complexity has sown financial stability risks, the IMF’s assessment said. “Credit...