Yahoo! News: India Top Stories - Reuters

Obama wins, says "change has come to America" (Reuters) Posted: 05 Nov 2008 05:08 AM CST Reuters - Barack Obama rode a wave of voter discontent to a historic White House victory, promising change as the first black U.S. president but constrained by a deep economic crisis and two lingering wars.

Sensex provisionally close down 5.4 pct (Reuters) Posted: 05 Nov 2008 04:27 AM CST Reuters - India's main stock index provisionally closed down 5.37 percent, led by a fall of nearly 14 percent in index heavyweight Reliance Industries Ltd.

Indian army officer arrested over deadly bombing (Reuters) Posted: 05 Nov 2008 05:14 AM CST Reuters - An army officer was arrested on Wednesday in connection with bomb blasts in two western towns that killed five people and were blamed on a Hindu militant group, a government lawyer said.

India says Obama's election will inspire world (Reuters) Posted: 05 Nov 2008 02:15 AM CST Reuters - India hailed the election of Barack Obama as the next U.S. president on Wednesday, saying his "extraordinary journey" to the White House would inspire people not only in his country but around the world.

Krejza likely to make debut in final India test (Reuters) Posted: 05 Nov 2008 04:21 AM CST Reuters - Australia are preparing to give off-spinner Jason Krejza a baptism of fire by handing him his first cap in the fourth and final test against India.

Big U.S. foreign policy challenges await Obama (Reuters) Posted: 04 Nov 2008 10:48 PM CST Reuters - Newly-elected U.S. president Barack Obama will face a daunting array of foreign policy challenges, from wars in Afghanistan and Iraq and the global financial crisis to the need to shore up the country's frayed international image.

Gambhir to miss final test after ban upheld (Reuters) Posted: 04 Nov 2008 10:44 AM CST Reuters - In-form India opener Gautam Gambhir will miss the final test against Australia after his appeal against a one-test ban was dismissed on Tuesday by the International Cricket Council's (ICC) appeal commissioner.

Private sector banks to review rates - official (Reuters) Posted: 05 Nov 2008 02:18 AM CST Reuters - Private sector and foreign banks operating in India have assured the government they will review lending rates, the finance secretary said on Wednesday.

12 RJD MPs hand in resignation over anti-migrant violence (Reuters) Posted: 05 Nov 2008 01:27 AM CST Reuters - At least 12 Rashtriya Janata Dal Members of Parliament (MPs) sent resignation letters on Tuesday in protest against anti-migrant violence, their party said.

Bhutan's charming king emerges from father's shadow (Reuters) Posted: 05 Nov 2008 12:49 AM CST Reuters - He was first feted as "Prince Charming" and has now been acclaimed the "People's King". Bhutan's 28-year-old Oxford-educated monarch has already won hearts at home and abroad.

Tibet exile meet could see tougher stance on China (Reuters) Posted: 05 Nov 2008 01:24 AM CST Reuters - Hundreds of leading Tibetan exiles will gather mid-November in Dharamsala for a watershed meeting that could forge a tougher stance on China and pose a political challenge for their spiritual leader, the Dalai Lama.

Bus accident kills 46 in Himachal Pradesh (Reuters) Posted: 04 Nov 2008 11:13 AM CST Reuters - Forty-six people were killed when a bus plunged down a deep gorge in Himachal Pradesh after the driver lost control while changing the music, officials said on Tuesday.

Cultural divide? While the West axes jobs, Asia cuts pay (Reuters) Posted: 04 Nov 2008 09:45 PM CST Reuters - From bankers to factory staff, workers in the West face the bleak prospect of losing their jobs as a global recession starts to bite. For colleagues in the East, the pain is more likely to come through a pay cut.

PM sets up panel on financial crisis impact (Reuters) Posted: 04 Nov 2008 07:56 AM CST Reuters - Prime Minister Manmohan Singh will head a special panel of top policy makers to deal with the impact of the global financial crisis on industry, following a meeting with corporate leaders this week.

Ganguly's farewell not a distraction, says Harbhajan (Reuters) Posted: 04 Nov 2008 08:11 AM CST Reuters - Saurav Ganguly's farewell will not be a distraction for India as they try to win the final test against Australia starting on Thursday, off-spinner Harbhajan Singh said.

Obama says change has come to America (Reuters) Posted: 05 Nov 2008 01:55 AM CST Reuters - President-elect Barack Obama told ecstatic supporters on Tuesday that "change has come to America" and called on all Americans to unite and meet pressing challenges.

FACTBOX - Barack Obama, Democratic US presidential candidate (Reuters) Posted: 05 Nov 2008 12:15 AM CST Reuters - Barack Obama is the U.S. president-elect. Following are some of his biographical details:

Indian state banks to cut rates; shares, rupee jump (Reuters) Posted: 04 Nov 2008 07:09 AM CST Reuters - Indian state-run banks vowed on Tuesday to follow the central bank's lead and cut lending rates, as the finance minister said credit flows and liquidity stretched by the global financial crisis would be closely tracked.

India ship owners lose millions due to piracy fears (Reuters) Posted: 04 Nov 2008 05:24 AM CST Reuters - Indian shipping firms are losing hundreds of thousands of dollars every month as fears of piracy in the Gulf of Aden hold up ships and delay consignments, officials said on Tuesday.

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