Yahoo! News: India Top Stories - Reuters

Pakistan protests airspace intrusion by Indian jets (Reuters) Posted: 18 Dec 2008 03:11 AM CST Reuters - Pakistan on Thursday summoned a senior Indian diplomat in Islamabad to protest against recent alleged airspace violations by Indian warplanes, a foreign ministry spokesman said.

East India increases bird flu cull, more testing (Reuters) Posted: 18 Dec 2008 03:08 AM CST Reuters - State authorities in east India stepped up poultry culling amid fears the latest outbreak of the H5N1 bird flu virus had spread to new areas, officials said on Thursday.

Inflation slows, govt ups spending (Reuters) Posted: 18 Dec 2008 02:46 AM CST Reuters - India's annual inflation rate dropped to a nine-month low below 7 percent in early December, helped by falling fuel prices and raising the prospect of deeper interest rate cuts in coming weeks.

Pakistan to buy Chinese AWACS to boost air defence - report (Reuters) Posted: 18 Dec 2008 01:48 AM CST Reuters - Pakistan is to buy an airborne warning and control system (AWACS) from China to boost its air defences, a Pakistani newspaper reported on Thursday.

India ponder Dravid batting spot for second England test (Reuters) Posted: 18 Dec 2008 02:51 AM CST Reuters - India may drop number three batsman Rahul Dravid down the order to help him regain form in the second test against England starting on Friday, skipper Mahendra Singh Dhoni said.

Pakistan fear financial gloom if India pull out (Reuters) Posted: 18 Dec 2008 02:33 AM CST Reuters - The Pakistan Cricket Board (PCB) could lose potential earnings of around $20 million if India cancel their tour starting next month, a cricket official said on Thursday.

Oil below $40 near 4-year low on demand gloom (Reuters) Posted: 18 Dec 2008 12:34 AM CST Reuters - Oil extended its losses to below $40 a barrel on Thursday, near its lowest in more than four years, as rising U.S. crude inventories and further evidence of slowing demand trumped OPEC's biggest ever production cut.

WITNESS - A stroll through the factory of death in Bhopal (Reuters) Posted: 18 Dec 2008 12:06 AM CST Reuters - First it was an acidic smell, then a slight itching of the throat, a burning sensation as I sucked in the air. This was Bhopal, and history had come to visit.

Police to question possible Mumbai "scouts" (Reuters) Posted: 17 Dec 2008 10:03 AM CST Reuters - Police will question two jailed members of an Islamist militant group over whether they scouted Mumbai landmarks before last month's deadly attacks on the financial hub, a senior police officer said on Wednesday.

Ferrari buck trend with Tata sponsorship (Reuters) Posted: 17 Dec 2008 10:24 AM CST Reuters - Ferrari have bucked the global economic crisis squeezing Formula One by agreeing a sponsorship deal with carmaker Tata.

Police kill two militants during Kashmir vote (Reuters) Posted: 17 Dec 2008 07:44 AM CST Reuters - Security forces shot dead two senior members of disputed Kashmir's largest militant group on Wednesday, police said, as thousands of people queued up nearby to vote in an election.

India, Pakistan retreat into security of distrust (Reuters) Posted: 17 Dec 2008 07:39 AM CST Reuters - The time-out called by India in its peace process with Pakistan gives the two countries a chance to salvage the gains of the past four years from the bitter aftermath of the militant attack on Mumbai.

Jharkhand schoolkids told study hard and sky is the limit (Reuters) Posted: 17 Dec 2008 05:27 AM CST Reuters - Get good grades, stay in school and the sky is the limit, Jharkhand government told schoolchildren on Wednesday, promising free glider rides to kids who stay the course.

Pakistan optimistic on India talks despite pause (Reuters) Posted: 17 Dec 2008 06:09 AM CST Reuters - Pakistan's foreign minister said on Wednesday he was optimistic about peace talks with India despite an Indian-imposed "pause" but expressed frustration that offers of help in the Mumbai investigation had been shunned.

Satyam shares plunge as investors revolt (Reuters) Posted: 17 Dec 2008 01:03 PM CST Reuters - Shares in outsourcer Satyam Computer Services fell by nearly a third on Wednesday after a proposed $1.6 billion deal to buy two firms management had a stake in raised corporate governance concerns.

Slowing growth is current policy worry - RBI (Reuters) Posted: 17 Dec 2008 05:42 AM CST Reuters - Moderation in the rate of economic growth is the current policy concern but the economy should return to its high growth trajectory once global conditions return to normal, the Reserve Bank of India (RBI) said on Wednesday.

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