Yahoo! News: India Top Stories - Reuters

Dalai Lama has surgery for gallstones (Reuters) Posted: 10 Oct 2008 02:50 AM CDT Reuters - The Dalai Lama has undergone successful surgery in a New Delhi hospital to remove gallstones and expects to resume his duties by the end of the month, a senior aide said on Friday.

Panic strangles Asia stocks, yen jumps (Reuters) Posted: 09 Oct 2008 10:49 PM CDT Reuters - Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent, while the yen and U.S. Treasuries rose, as panic ripped through markets and investors shrugged off efforts so far to unlock credit markets.

Nikkei has biggest one-day drop since '87 stock crash (Reuters) Posted: 10 Oct 2008 01:21 AM CDT Reuters - Japan's Nikkei stock average dived 9.6 percent on Friday, its biggest one-day loss since the 1987 stock market crash, on growing fear the financial crisis will spark a global recession. The benchmark average's drop of 24 percent for the week was more than double the weekly drop right after the 1987 market crash.

Stocks plunge, pressure on G7 to act on crisis (Reuters) Posted: 09 Oct 2008 10:55 PM CDT Reuters - Fearful selling clenched Asian markets on Friday after U.S. stocks plunged, heaping pressure on economic powers to halt a global spiral of financial distress and slowing growth.

"Nomadic" French writer Le Clezio wins Nobel prize (Reuters) Posted: 09 Oct 2008 11:58 AM CDT Reuters - French author Jean-Marie Gustave Le Clezio, a globetrotting novelist hailed as a child of all continents, won the Nobel prize for literature on Thursday.

China's Liang shoots course record for Indian Open lead (Reuters) Posted: 09 Oct 2008 10:05 AM CDT Reuters - China's Liang Wen-chong shot a course record 12-under 60 to take a five-shot lead over India's Jeev Milkha Singh in the first round of the Asian Tour Indian Open at the par-72 Delhi Golf Club course on Thursday.

Thousands seek blessings of Nepal's former king (Reuters) Posted: 09 Oct 2008 09:47 AM CDT Reuters - About 5,000 people lined up in front of the private home of Nepal's ousted King Gyanendra on Thursday to seek his blessings on an important Hindu festival, his first as a commoner.

U.S. eyes bank equity stakes as world looks to G7 (Reuters) Posted: 09 Oct 2008 12:14 PM CDT Reuters - The United States moved closer to taking equity stakes in banks on Thursday ahead of a G7 meeting of economic powers trying to stave off world financial ruin.

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