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More than 140 dead in Rajasthan temple stampede (Reuters)

Posted: 30 Sep 2008 04:35 AM CDT

Reuters - At least 147 people died in a stampede at a temple in Rajasthan as Hindus gathered to begin one of the most important religious festivals of the year, police said on Tuesday.

Indian shares rise 3 pct as ICICI Bank jumps 11pct (Reuters)

Posted: 30 Sep 2008 05:10 AM CDT

Reuters - India's main stock index extended gains to be up more than 3 percent on Tuesday afternoon, led by ICICI Bank after the central bank said the No. 2 lender had sufficient liquidity and was well capitalised.

RBI says ICICI sound, shares jump (Reuters)

Posted: 30 Sep 2008 04:59 AM CDT

Reuters - The Reserve Bank of India (RBI) joined ICICI Bank to reassure investors and customers about the financial health of the country's second-largest bank, saying ICICI was well capitalised and has enough cash to meet depositor demands.

India will tighten market regulations if needed - Chidambaram (Reuters)

Posted: 30 Sep 2008 03:45 AM CDT

Reuters - India's finance minister, Palaniappan Chidambaram, said on Tuesday market regulations would be tightened if needed to deal with the consequences of a widening global financial crisis.

Oil steadies after dive on financial turmoil (Reuters)

Posted: 30 Sep 2008 04:40 AM CDT

Reuters - Oil steadied near $96 a barrel on Tuesday after a near 10 percent drop in the previous session in the wake of the shock rejection by U.S. lawmakers of a $700-billion financial sector rescue plan.

CHRONOLOGY - Some of the world's worst stampedes (Reuters)

Posted: 30 Sep 2008 04:27 AM CDT

Reuters - At least 103 people died and 150 were injured in a stampede on Tuesday at a Hindu temple in Rajasthan, police said.

U.S. bailout rejection spurs flight to safety (Reuters)

Posted: 29 Sep 2008 11:43 PM CDT

Reuters - Recession fears mounted and investors raced for safe havens after U.S. lawmakers unexpectedly rejected a $700 billion bailout plan for the financial industry, but Asian stocks trimmed deep early losses after Wall Street's biggest fall since the crash of 1987.

More than 12 injured in Orissa religious clashes (Reuters)

Posted: 29 Sep 2008 11:18 PM CDT

Reuters - More than a dozen people were injured, some critically, after religious clashes in Orissa between Hindu and Christians, officials said.

Pakistan to raise Australia stand on tours in ICC (Reuters)

Posted: 30 Sep 2008 03:01 AM CDT

Reuters - Pakistan will raise Cricket Australia's policy not to tour the country over security fears but travel to India at the International Cricket Council (ICC) next month, sports minister Najamuddin Khan said.

Five killed by bombs in Maharashtra, Gujarat (Reuters)

Posted: 29 Sep 2008 04:07 PM CDT

Reuters - At least five people were killed and dozens injured in two separate bomb explosions in western India on Monday, officials and doctors told Reuters.

EU, India seek trade pact, France eyes nuclear deals (Reuters)

Posted: 29 Sep 2008 11:31 AM CDT

Reuters - The European Union and India pledged on Monday to accelerate talks on a free trade deal, and EU president France said it would discuss doing business with New Delhi in the field of nuclear energy.

Manmohan Singh says developed world crisis could spread (Reuters)

Posted: 29 Sep 2008 02:46 PM CDT

Reuters - The financial crisis in developed countries could spill over to the rest of the world, Indian Prime Minister Manmohan Singh said in a French newspaper interview released on Monday.

India to buy battle tanks from Russia, extends deal (Reuters)

Posted: 29 Sep 2008 07:14 AM CDT

Reuters - India will buy 347 T-90 battle tanks from Russia and build 1,000 more locally with Russian help, the defence minister said on Monday, as the two nations decided to iron out differences that had delayed several arms deals.

At least 35 feared dead in Rajasthan temple stampede (Reuters)

Posted: 29 Sep 2008 11:07 PM CDT

Reuters - At least 35 people died from a stampede at a Hindu temple in Rajasthan, officials said on Tuesday.

U.S. bailout rejected; fear seizes markets (Reuters)

Posted: 29 Sep 2008 08:46 PM CDT

Reuters - U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as European authorities scrambled to prop up a slew of banks.

Oil falls below $96 on financial turmoil (Reuters)

Posted: 29 Sep 2008 10:08 PM CDT

Reuters - Oil extended losses below $96 a barrel on Tuesday, after slumping almost 10 percent in the previous session as fear gripped financial markets in the wake of U.S. lawmakers' shock rejection of a $700 billion rescue plan.