Yahoo! News: India Top Stories - Reuters

Govt can not cut fuel prices until late Dec - Deora (Reuters) Posted: 25 Nov 2008 03:04 AM CST Reuters - The government can not cut domestic fuel prices until after state polls end in late December due to rules barring populist pre-election politicing, Oil Minister Murli Deora said, even as tumbling global crude prices made domestic sales profitable once again.

Hindu protest forces Husain film off Goa Film Festival (Reuters) Posted: 25 Nov 2008 04:32 AM CST Reuters - India's most prestigious film festival has put off screening a decades-old documentary by its best known painter after complaints from Hindu nationalists who oppose the artist for sketching Hindu deities in the nude.

Credit crunch hurts India's wealthiest, too (Reuters) Posted: 24 Nov 2008 06:16 PM CST Reuters - These are painful times for India's tycoons, the Forbes Asia Rich List said recently.

Citigroup gets massive U.S. government bailout (Reuters) Posted: 24 Nov 2008 04:18 PM CST Reuters - The U.S. rescued Citigroup Inc, agreeing to shoulder most losses on about $306 billion of the bank's risky assets, and inject new capital, bolstering investor hopes that the government will support big banks as the economy sinks into recession.

Film examines problem of displacement in Tripura (Reuters) Posted: 24 Nov 2008 02:11 PM CST Reuters - A new film, one of the first to be made in the Kokborok language of Tripura, puts the spotlight on tribal displacement in the north-eastern state.

Credit crisis puts new twist in Bollywood tale (Reuters) Posted: 24 Nov 2008 11:17 PM CST Reuters - The financial crisis is forcing cutbacks, consolidation and greater efficiency in a business known for its love of excess, the Indian film industry.

Old World wines meet new in "frontier" market India (Reuters) Posted: 25 Nov 2008 01:24 AM CST Reuters - The future of Old World wines is in emerging markets such as India, where more and more wealthy, young professionals are developing a palate for it, says Salvatore Ferragamo, scion of the Italian luxury goods group.

India business, politics confront global slowdown (Reuters) Posted: 24 Nov 2008 04:24 AM CST Reuters - India has seen 9 percent-plus economic growth for the past three years and many thought it would remain relatively immune to the global financial crisis and the subsequent slowdown.

Obama presents team to navigate U.S. economic crisis (Reuters) Posted: 24 Nov 2008 01:11 PM CST Reuters - President-elect Barack Obama presented the economic team on Monday that will help him navigate the U.S. financial crisis but declined to specify how much his proposed 2-year stimulus package would cost.

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