| Time to listen to us, say India, Brazil, South Africa (Reuters) Posted: 15 Oct 2008 05:05 AM CDT  Reuters - The leaders of India, Brazil and South Africa said on Wednesday the global credit crisis showed the need for reforming institutions such as the United Nations to reflect their growing economic clout.
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| India, Brazil, South Africa fin mins to meet on crisis (Reuters) Posted: 15 Oct 2008 06:03 AM CDT  Reuters - The finance ministers and central bank heads of India, Brazil and South Africa will meet to discuss the current global financial turmoil, Prime Minister Manmohan Singh said on Wednesday.
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| Indian shares provisionally close down 6 pct (Reuters) Posted: 15 Oct 2008 05:49 AM CDT  Reuters - Indian shares provisionally fell 5.99 percent on Wednesday, led by Reliance Industries Ltd, as fears resurfaced about tight liquidity condition and looming global economic recession.
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| Reclusive Adiga wins Booker for dark tale (Reuters) Posted: 15 Oct 2008 04:24 AM CDT  Reuters - Aravind Adiga's Booker Prize-winning tale of the son of a rickshaw puller who dreams of escaping poverty rings true in India, where 800 million of its billion-plus population live on about 50 U.S. cents a day.
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| Jet Airways cuts 800 jobs, to cut flights (Reuters) Posted: 15 Oct 2008 05:51 AM CDT  Reuters - Jet Airways, India's top private airline, said on Wednesday it had retrenched 800 flight attendants and suspended its expansion programme, and will cut flights and lay off more staff due to a slowdown in demand.
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| Indian home buyers await price, mortgage cuts (Reuters) Posted: 15 Oct 2008 02:53 AM CDT  Reuters - Real estate developers will need to cut prices sharply in the second half of the financial year to convert demand into actual sales, as potential buyers continue to wait on the sidelines, industry watchers say.
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| Kumble form the focus for second Australia test (Reuters) Posted: 15 Oct 2008 03:37 AM CDT  Reuters - The fitness and form of skipper Anil Kumble is India's main concern ahead of the second test against Australia starting on Friday.
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| EU to press for reform, Asia joins bailout (Reuters) Posted: 15 Oct 2008 04:56 AM CDT  Reuters - European leaders will push on Wednesday for an overhaul of global financial structures after Asia joined western bastions of capitalism in bailing out banks to avert financial meltdown and tackle looming recession.
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| Aravind Adiga wins UK's Booker Prize (Reuters) Posted: 15 Oct 2008 04:26 AM CDT  Reuters - Debut Indian novelist Aravind Adiga on Tuesday won the Man Booker Prize, one of the world's most prestigious literary awards, with "The White Tiger".
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| Teleradiology paves way for remote medicine (Reuters) Posted: 15 Oct 2008 04:43 AM CDT  Reuters - On a computer monitor in his office in the high-tech hub of Bangalore, Indian radiologist Arjun Kalyanpur examines a scan of the skull of a six-year-old boy who fell off his bicycle.
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| BCCI plans talks with ICL (Reuters) Posted: 15 Oct 2008 04:28 AM CDT  Reuters - The Board of Control for Cricket in India (BCCI) will hold talks with the country's unofficial league (ICL), whose players are now banned from all official cricket.
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| Global slowdown to take heavy toll on mental health (Reuters) Posted: 15 Oct 2008 01:31 AM CDT  Reuters - Chiu Hei-chun spent 50 years washing dishes at a roadside stall in Hong Kong only to lose his life savings when Lehman Brothers went belly up.
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| Pakistan's Zardari arrives in China to cement ties (Reuters) Posted: 14 Oct 2008 10:18 AM CDT  Reuters - Pakistani President Asif Ali Zardari arrived in China late on Tuesday for his first official visit since taking office, aiming to cement economic and commercial ties with a long-time ally.
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| RBI boosts liquidity for mutual funds (Reuters) Posted: 14 Oct 2008 11:03 AM CDT  Reuters - India pumped liquidity into its markets and took measures aimed at helping its $106 billion mutual-funds industry on Tuesday as its rupee and stocks rallied after governments worldwide moved to restore confidence in the financial sector.
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| U.S. to take $250 bln bank stakes, markets slip (Reuters) Posted: 14 Oct 2008 05:07 PM CDT  Reuters - The United States ushered in a new era in banking on Tuesday with plans to take equity stakes totaling up to $250 billion in financial institutions, an incursion into the private sector that U.S. officials called a regrettable last resort.
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| Muslim leaders slam govt on crackdown (Reuters) Posted: 14 Oct 2008 08:22 AM CDT  Reuters - Hundreds of Islamic leaders in India demanded on Tuesday that the government protect their community from persecution, saying Muslims were being unfairly targeted in a police crackdown after bombings across the country.
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| India may further ease overseas borrowing rules (Reuters) Posted: 14 Oct 2008 07:21 AM CDT  Reuters - India is likely to further relax pricing rules for American and global depository receipts (ADR/GDR) to enable companies to raise funds easily from overseas markets, a government official said on Tuesday.
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