| India growth at 3-½ yr low but rates to stay tight (Reuters) Posted: 29 Aug 2008 04:20 AM CDT  Reuters - India's economy grew at its slowest annual rate in 3-½ years in the June quarter, losing momentum as services slowed markedly, but high inflation meant the central bank was unlikely to relax its monetary stance soon.
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| Bihar villagers desperate as floods spread (Reuters) Posted: 29 Aug 2008 04:57 AM CDT  Reuters - Villagers were eating uncooked rice and flour mixed with polluted water in Bihar, officials said on Friday, as hunger and diseases accompanied the worst-ever floods in 50 years.
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| Thousands seek refuge, Orissa religious attacks wane (Reuters) Posted: 29 Aug 2008 04:11 AM CDT  Reuters - Thousands of people, most of them Christians, have sought shelter in makeshift government camps in Orissa, driven from their homes by religious violence which has killed at least 13 people this week.
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| Doctors say Dalai Lama health not serious - aide (Reuters) Posted: 29 Aug 2008 02:12 AM CDT  Reuters - Doctors looking after the Dalai Lama in India say there is no cause for concern after he was admitted to hospital and Tibet's exiled spiritual leader will take part in a fast for Tibet on Saturday, aides said.
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| Zardari should give up Pakistan president bid - rival (Reuters) Posted: 29 Aug 2008 03:55 AM CDT  Reuters - The widower of assassinated former Pakistani prime minister Benazir Bhutto should withdraw as a candidate for president because of questions about his mental health, a rival candidate said on Friday.
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| Sri Lanka win toss, elect to bat in final India ODI (Reuters) Posted: 29 Aug 2008 04:20 AM CDT Reuters - Sri Lanka skipper Mahela Jayawardene won the toss and chose to bat first in the fifth and final one-day international against India on Friday. |
| Chidambaram: no conclusion from one week's inflation (Reuters) Posted: 29 Aug 2008 02:54 AM CDT  Reuters - No conclusion can be drawn from one week's inflation number, Finance Minister Palaniappan Chidambaram told reporters on Friday when asked about a softening in India's annual rate of inflation.
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| Obama vows to reverse Bush-McCain legacy (Reuters) Posted: 28 Aug 2008 11:51 PM CDT  Reuters - Barack Obama launched a sharp assault on Republican presidential rival John McCain on Thursday with a promise to reverse the economic failures of the past eight years and restore America's global reputation.
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| Ivanovic toppled by unknown Frenchwoman (Reuters) Posted: 28 Aug 2008 10:39 PM CDT  Reuters - Ana Ivanovic was unceremoniously tossed out of the U.S. Open on Thursday by an obscure Frenchwoman who had never played a tour-level match before arriving at Flushing Meadows.
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| Inflation eases in mid-Aug, seen heading up (Reuters) Posted: 28 Aug 2008 09:38 AM CDT  Reuters - Inflation eased in mid-August, as prices of some minerals and fuels fell, but it held above 12 percent and analysts saw it heading up to peak in December due to pressures in manufacturing, food and minerals.
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| Indian shares extend gains to more than 3 pct (Reuters) Posted: 29 Aug 2008 01:35 AM CDT  Reuters - Indian shares extended gains to more than 3 percent on Friday, even though economic growth came in below forecast, with sentiment boosted by lower inflation and gains in Asian markets.
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| Church trashed as religious riots spread in Orissa (Reuters) Posted: 28 Aug 2008 11:57 AM CDT  Reuters - Hindu mobs ransacked a church and clashed with Christian villagers in Orissa on Thursday, police said, as Italy said it would summon India's ambassador to demand "incisive action" to prevent more attacks.
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| Phelps living the good life back in America (Reuters) Posted: 28 Aug 2008 07:53 PM CDT  Reuters - Record-setting swimmer Michael Phelps has satisfied some of his hunger for Americana since returning to the United States from his Olympic triumphs in China but has one special rendezvous he is looking forward to.
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| Chidambaram: developing FX, bond mkts a priority (Reuters) Posted: 28 Aug 2008 11:22 PM CDT  Reuters - Developing interest rate, credit derivatives and corporate bond markets is high on the government's agenda, Finance Minister Palaniappan Chidambaram said on Friday.
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| Dalai Lama admitted to hospital with "discomfort" (Reuters) Posted: 28 Aug 2008 09:51 PM CDT  Reuters - The Dalai Lama, the exiled Tibetan spiritual leader, has been admitted to a hospital in India with "abdominal discomfort" but there was no cause for concern, doctors said on Thursday.
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