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Religious card being played in India election game (Reuters)

Posted: 13 Oct 2008 02:43 AM CDT

Reuters - Asked when he thought attacks by Hindu mobs against Christians would end in this remote part of eastern India, local Christian leader Ranjit Nayak replied immediately, and with a resigned smile.

Tension in Orissa as POSCO protest leader held (Reuters)

Posted: 13 Oct 2008 03:07 AM CDT

Reuters - More than 500 policemen have been deployed in Orissa after the arrest of a senior leader who had been spearheading protests against South Korean steel maker POSCO.

Water row may affect Pakistan-India ties - Zardari (Reuters)

Posted: 13 Oct 2008 12:38 AM CDT

Reuters - Pakistan President Asif Ali Zardari has warned a brewing row with India over the waters of the Chenab river in the disputed Kashmir region could harm improving ties between the old rivals.

Indian shares extend gains to 7 pct on day (Reuters)

Posted: 13 Oct 2008 02:23 AM CDT

Reuters - India's main share market index extended its gains to 7 percent on Monday afternoon, boosted by the finance minister saying the government was working on more measures to improve liquidity.

India echoes G7 message of support for markets (Reuters)

Posted: 13 Oct 2008 01:25 AM CDT

Reuters - Australia injected a huge amount of cash into its markets on Monday while India's money market won slight respite from another cut in banks' reserve requirements as short-term lending remained stressed globally.

India moves to reassure investors, markets rally (Reuters)

Posted: 13 Oct 2008 02:19 AM CDT

Reuters - Finance Minister Palaniappan Chidambaram moved to reassure markets on Monday the government was trying to shield the economy from the global financial crisis, sparking a rally in the country's battered stock market and currency.

Australia grab two early wickets (Reuters)

Posted: 13 Oct 2008 01:51 AM CDT

Reuters - Australia grabbed two quick wickets after setting India a victory target of 299 on the final day of the first test on Monday.

ICICI Bank CEO says deposits are safe (Reuters)

Posted: 13 Oct 2008 02:14 AM CDT

Reuters - ICICI Bank's chief executive said on Monday deposits with India's second-largest bank are safe and that it had a cushion to absorb domestic and overseas shocks, helping boost its battered shares by a quarter.

India's corporate empires grapple with succession (Reuters)

Posted: 12 Oct 2008 10:16 PM CDT

Reuters - For over a century, family-run business empires have held sway in India, but acrimonious succession battles are now turning off foreign investors and prompting Indian corporations to adopt post-dynastic strategies.

Twenty five hurt in new clashes in Kashmir (Reuters)

Posted: 12 Oct 2008 08:38 AM CDT

Reuters - At least 25 people were hurt on Sunday when police in Kashmir fired bullets and teargas to disperse hundreds of demonstrators mourning the death of protesters killed by government forces, police said.

World holds its breath as bank bailouts take shape (Reuters)

Posted: 13 Oct 2008 01:14 AM CDT

Reuters - The world readied on Monday for a slew of bank bailouts worth hundreds of billions of dollars in an effort to staunch the credit rout that threatens to tip the global economy into recession.

Sri Lanka says can fund offensive against rebels (Reuters)

Posted: 12 Oct 2008 10:02 PM CDT

Reuters - Sri Lanka's war on separatist rebels will not be slowed by international financial turmoil placing pressure on the government's military budget, Foreign Minister Rohitha Bogollagama said on Monday.

Europe, others bolster banks to fight crisis (Reuters)

Posted: 12 Oct 2008 10:43 PM CDT

Reuters - Nations from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to halt a markets crash with pledges to back lending, buy stakes in financial institutions and take other emergency steps.