Yahoo! News: India Top Stories - Reuters

India needs tough anti-terror laws, says govt panel (Reuters) Posted: 17 Sep 2008 02:03 AM CDT Reuters - India needs a tough law to fight attacks like the deadly weekend bombings in New Delhi, a government panel said on Tuesday, as police released sketches of key suspects.

Age becomes an issue for India's cricket stalwarts (Reuters) Posted: 16 Sep 2008 08:19 PM CDT Reuters - India's four most senior batsmen, the engine room of the national side for more than a decade, are facing a debate over their age and whether the time is ripe to inject fresh blood into the test squad.

U.S. Fed to lend $85 bln to AIG, take 80 pct stake (Reuters) Posted: 16 Sep 2008 08:48 PM CDT Reuters - The U.S. Federal Reserve Board on Tuesday said the Federal Reserve Bank of New York will lend up to $85 billion to the American International Group in a plan aimed at saving the insurer from a "disorderly failure" that could wreak economic havoc.

Grenade attack hurts 12 in Kashmir (Reuters) Posted: 17 Sep 2008 03:36 AM CDT Reuters - At least 12 people were wounded on Wednesday after suspected militants threw a grenade into a crowded market in Indian Kashmir, police said.

U.S. lawmakers fault F16 plan for Pakistan (Reuters) Posted: 16 Sep 2008 02:52 PM CDT Reuters - U.S. lawmakers on Tuesday sharply questioned a Bush administration plan to reallocate more than $250 million in military aid to Pakistan to help it pay for F-16 fighter aircraft upgrades designed to go after militants' sanctuaries near the Afghan border.

Hijackers seize cargo ship off Somalia, crew safe (Reuters) Posted: 16 Sep 2008 10:17 PM CDT Reuters - Hijackers have seized a cargo ship chartered by chemical tanker shipping group Stolt-Nielsen off the Somali coast, a senior company officer said on Wednesday.

Roma shocked by Cluj as Chelsea cruise at home (Reuters) Posted: 16 Sep 2008 06:19 PM CDT Reuters - Romania's CFR Cluj shocked AS Roma 2-1 on their Champions League debut on Tuesday but there were no surprises for big guns Chelsea, Liverpool, Barcelona or Inter Milan who all won their opening group games.

Farmers reject new Nano plant compensation (Reuters) Posted: 16 Sep 2008 09:34 AM CDT Reuters - Farmers and political activists in West Bengal turned down on Tuesday a new government offer of compensation for land acquired for a Tata Motors car plant, saying they wanted more of the land returned to them.

Churches damaged in India as religious riots spread (Reuters) Posted: 16 Sep 2008 05:57 AM CDT Reuters - Hindu mobs clashed with police and attacked homes of Christians in Orissa, police said on Tuesday, the latest outbreak of communal violence that has killed 22 people in the region.

RBI acts to ease "transient pressures" (Reuters) Posted: 16 Sep 2008 01:06 PM CDT Reuters - The Reserve Bank of India (RBI) moved to ease "transient pressures" in the local market by temporarily making it easier for banks to obtain funds and said on Tuesday it aimed to keep fallout from Lehman Brothers' collapse orderly.

MGM Networks backs Hollywood script for India foray (Reuters) Posted: 16 Sep 2008 01:15 PM CDT Reuters - MGM Networks will stick to its strength of Hollywood films in India, but may consider a foray into regional-language content when it gains a wider viewership, a senior executive said on Tuesday.

Pakistan, Vietnam cut fuel prices; India holds on (Reuters) Posted: 16 Sep 2008 10:03 AM CDT Reuters - Pakistan cut gasoline prices on Tuesday following a similar move by Vietnam as global crude oil prices fell to seven-month lows, but India said it would follow suit only if crude oil prices fall further.

Bangladesh in crisis after rebel swoop (Reuters) Posted: 16 Sep 2008 02:28 PM CDT Reuters - Bangladesh cricket plunged into crisis and its test future looked bleak on Tuesday after 13 leading players signed up for the unofficial Indian Cricket League (ICL).

Barclays to buy some Lehman assets - source (Reuters) Posted: 16 Sep 2008 04:16 PM CDT Reuters - Barclays Plc agreed to buy bankrupt Lehman Brothers Holdings Inc's main investment banking assets for about $2 billion, a source familiar with the situation said on Tuesday.

Weak rupee, SEZs to help attain $200 bln exports (Reuters) Posted: 16 Sep 2008 09:10 AM CDT Reuters - A weak rupee and doubling of exports from special economic zones to 1.25 trillion rupees would help India attain its annual export target of $200 billion for FY09, Trade Minister Kamal Nath on Tuesday.

Shoaib Akhtar banned in Pakistan until he pays fine (Reuters) Posted: 16 Sep 2008 10:24 AM CDT Reuters - Fast bowler Shoaib Akhtar will not be allowed to take part in the domestic season unless he pays a fine of seven million Pakistan rupees ($91,455).

Unexploded mortar shell kills two kids in Kashmir (Reuters) Posted: 16 Sep 2008 08:01 AM CDT Reuters - Two children were killed in Indian Kashmir when a mortar shell they mistook for a toy exploded, police said on Tuesday.

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