Yahoo! News: India Top Stories - Reuters

Indian shares up 4 pct as oil tumbles, ICICI leads (Reuters) Posted: 02 Sep 2008 04:22 AM CDT Reuters - Indian shares extended gains to more than 4 percent on Tuesday afternoon as sliding global oil prices eased inflation expectation and raised hopes for steady interest rates.

Monsoon misery spreads in India; people, rhinos flee (Reuters) Posted: 02 Sep 2008 03:49 AM CDT Reuters - Heavy rains and rising floodwaters forced hundreds of thousands of people from their homes in northeastern India and sent elephants and rhinos fleeing, as monsoon misery spread in South Asia.

India lifts Kashmir curfew as Muslim fasting begins (Reuters) Posted: 02 Sep 2008 04:57 AM CDT Reuters - Authorities in Indian Kashmir lifted a nine-day curfew on Tuesday, imposed to quell massive anti-India rallies, as separatists called for three days of calm with the start of the Muslim fasting month of Ramadan.

Court finds Sanjeev Nanda guilty in BMW case (Reuters) Posted: 02 Sep 2008 03:35 AM CDT Reuters - A Delhi court found Sanjeev Nanda guilty on Tuesday in a hit-and-run case that has hogged media headlines for nearly a decade.

Rage in Kashmir meets India's brute force (Reuters) Posted: 02 Sep 2008 01:34 AM CDT Reuters - The world's largest democracy locks up protest leaders without charge, shoots dozens of demonstrators dead, beats and intimidates ordinary citizens and raids homes without warrants.

Hope for Nano car as farmers agree to talk (Reuters) Posted: 02 Sep 2008 03:15 AM CDT Reuters - Protesters holding up work at a factory building Tata Motors' Nano car agreed to talks over land seizures, a protest leader said on Tuesday, raising hope the world's cheapest car will roll out on time.

Luxury cars in India zoom, but lag China, Russia (Reuters) Posted: 02 Sep 2008 01:40 AM CDT Reuters - Rising incomes and a young population eager to flaunt its wealth are combining to fuel demand for luxury cars in India, but sales still lag its emerging market peers China and Russia by a wide margin.

Indian tennis federation seeks control of future tour events (Reuters) Posted: 02 Sep 2008 04:52 AM CDT Reuters - Indian tennis authorities want to have direct control over future tour events after two tournaments were cancelled by their private promoters last week.

Oil heads towards $100 as Gustav fades (Reuters) Posted: 02 Sep 2008 04:31 AM CDT Reuters - Oil slid towards $100 a barrel on Tuesday, after early reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.

Manipur CM escapes rebel bid on life (Reuters) Posted: 01 Sep 2008 11:34 PM CDT Reuters - Separatist rebels bombed the chief ministers home in Manipur, but the leader survived, police said on Tuesday.

Maruti not planning an ultra-low-cost car (Reuters) Posted: 02 Sep 2008 03:17 AM CDT Reuters - Maruti Suzuki India Ltd, India's top car maker, sees a greater focus on fuel-efficient small cars, hybrids, electric and multi-fuel cars, but has no plans to launch an ultra-cheap small car.

Google set to introduce its own Web browser (Reuters) Posted: 02 Sep 2008 12:07 AM CDT Reuters - Google Inc is set to introduce on Tuesday a new Web browser designed to more quickly handle video-rich or other complex Web programs, posing a challenge to browsers designed originally to handle text and graphics.

Govt frees separatist leaders but anger festers in Kashmir (Reuters) Posted: 01 Sep 2008 11:20 AM CDT Reuters - India released two separatist leaders in Muslim-majority Kashmir on Monday but anger festered against a government deal with Hindu groups to resolve a land dispute that has paralysed the state.

Hurricanes, floods show risks of climate change - U.N. (Reuters) Posted: 01 Sep 2008 09:18 PM CDT Reuters - Atlantic hurricanes and floods in India are reminders of the risks of ever more extreme weather linked to a changing climate, the head of the United Nations Environment Programme (UNEP) said on Monday.

Attacks on Christians worrying, Italy tells India (Reuters) Posted: 01 Sep 2008 09:44 AM CDT Reuters - The Italian Foreign Ministry summoned the Indian ambassador on Monday to express Rome's concern at anti-Christian violence in India in which 14 people have been killed.

New RBI governor seen keeping policy bias tight (Reuters) Posted: 01 Sep 2008 11:55 AM CDT Reuters - The government named Finance Secretary Duvvuri Subbarao as Reserve Bank of India (RBI) chief to succeed Yaga Venugopal Reddy who steps down this week, and analysts said he would continue Reddy's battle to bring inflation down from 12 percent.

Williams sisters set up clash, Nadal tested (Reuters) Posted: 01 Sep 2008 10:39 PM CDT Reuters - The Williams sisters will hold another family reunion on centre court at the U.S. Open after registering wins on Monday that set up a tiebreaking, sibling clash in the quarter-finals at Flushing Meadows.

Asian nations urge citizens against Thailand travel (Reuters) Posted: 01 Sep 2008 11:26 PM CDT Reuters - Thailand's lucrative tourism industry faced a rash of cancellations after several Asian countries urged their citizens on Tuesday to avoid travelling there during the current political crisis.

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