Yahoo! News: India Top Stories - Reuters

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• India floods leave 2.5 million homeless, 250 dead (Reuters)
• Reliance Comm cuts call charges to flat rate (Reuters)
• Air India says mid-air scuffle no threat to safety (Reuters)
• Bharti's Mittal eyes emerging markets opportunities (Reuters)
• Recovery more important than inflation - Montek (Reuters)
• U.S. trio wins medicine Nobel for ageing research (Reuters)
• ArcelorMittal still 'fully committed' to India (Reuters)
• Low health spend blamed for India's child mortality (Reuters)
• Pakistan's Taliban chief alive, meets reporters (Reuters)
• China vows to stand by isolated North Korea (Reuters)
• India clears North Korean ship after inspection (Reuters)
• Salman Khursheed warns firms on "vulgar" top pay (Reuters)
• Some schools reopen in quake-hit Indonesia city (Reuters)
• Bomber kills 5 at Pakistani UN food agency office (Reuters)
• Floods kill 200 in Karnataka, Andhra Pradesh (Reuters)
• Ship sinks as typhoon loiters off Philippines (Reuters)
• Typhoon stalls, dumps rain on northern Philippines (Reuters)
• WPI inflation seen at 8 pct by end-March - Nomura (Reuters)
• Norway world's best place to live, Niger worst (Reuters)
• IAEA to inspect Iran's Qom site Oct. 25 (Reuters)

India floods leave 2.5 million homeless, 250 dead (Reuters) Posted: 05 Oct 2009 07:49 AM PDT Reuters - Rescue workers used sandbags to stop a raging river from breaching its embankment near Vijayawada on Monday as floods triggered by heavy rains over the last week left 2.5 million people homeless.

Reliance Comm cuts call charges to flat rate (Reuters) Posted: 05 Oct 2009 06:19 AM PDT Reuters - Reliance Communications, India's No. 2 mobile operator, on Monday reduced all call tariffs to a flat 50 paise (1 U.S. cent) per minute, heating up a tariff war in the world's fastest-growing wireless market that offers some of the cheapest call rates.

Air India says mid-air scuffle no threat to safety (Reuters) Posted: 05 Oct 2009 05:21 AM PDT Reuters - A mid-air scuffle between pilots and crew of an Air India flight at the weekend did not endanger the 106 passengers on board, said a spokesman for the airline which has ordered an inquiry.

Bharti's Mittal eyes emerging markets opportunities (Reuters) Posted: 05 Oct 2009 10:32 AM PDT Reuters - Bharti Airtel will continue to scan emerging markets for acquisitions or partnerships after the Indian company ended talks over a cross-shareholding deal with South Africa's MTN last week, chairman Sunil Mittal said.

Recovery more important than inflation - Montek (Reuters) Posted: 05 Oct 2009 06:42 AM PDT Reuters - Economic recovery and job creation in India are more important than trying to tame inflation, as prices should ease because a drought is not as severe as first thought, Planning Commission deputy chairman Montek Singh Ahluwalia said on Monday.

U.S. trio wins medicine Nobel for ageing research (Reuters) Posted: 05 Oct 2009 09:02 AM PDT Reuters - Three Americans won the Nobel prize for medicine on Monday for revealing the existence and nature of telomerase, an enzyme which helps prevent the fraying of chromosomes that underlies ageing and cancer.

ArcelorMittal still 'fully committed' to India (Reuters) Posted: 05 Oct 2009 11:11 AM PDT Reuters - ArcelorMittal, the world's largest steelmaker, said on Monday it remained committed to building steel plants in India, but could abandon existing plans and look for a different site.

Low health spend blamed for India's child mortality (Reuters) Posted: 05 Oct 2009 03:43 AM PDT Reuters - Nearly 2 million children under five die from lack of care in India every year, more than in any other country, said a new report released on Monday which blames poor public health spending and entrenched inequalities.

Pakistan's Taliban chief alive, meets reporters (Reuters) Posted: 05 Oct 2009 07:03 AM PDT Reuters - The new chief of Pakistani Taliban militants who U.S. and Pakistani officials said might be dead has surfaced to meet journalists in his stronghold of South Waziristan.

China vows to stand by isolated North Korea (Reuters) Posted: 05 Oct 2009 06:13 AM PDT Reuters - China pledged to strengthen bonds with isolated North Korea, nudging it to improve its economy, while reports of Indian and South Korean swoops on North Korean shipping underscored strains behind a recent easing of tension.

India clears North Korean ship after inspection (Reuters) Posted: 05 Oct 2009 12:30 AM PDT Reuters - A North Korean ship that was detained for anchoring in Indian waters without permission was cleared after a thorough inspection, and has set sail, a navy spokesman said on Monday.

Salman Khursheed warns firms on "vulgar" top pay (Reuters) Posted: 04 Oct 2009 11:09 PM PDT Reuters - Corporate affairs minister has warned firms against paying huge salaries to top company brass and said the government would keep a watch on executive compensation.

Some schools reopen in quake-hit Indonesia city (Reuters) Posted: 05 Oct 2009 04:45 AM PDT Reuters - Markets reopened and some children attended school in the earthquake-shattered city of Padang on Monday, but inland villages engulfed by landslides were to be left as mass graves to focus on getting aid to survivors.

Bomber kills 5 at Pakistani UN food agency office (Reuters) Posted: 05 Oct 2009 03:52 AM PDT Reuters - A suicide bomber dressed as a paramilitary soldier attacked an office of the U.N. World Food Programme (WFP) in the Pakistani capital on Monday killing five people and wounding several, officials said.

Floods kill 200 in Karnataka, Andhra Pradesh (Reuters) Posted: 04 Oct 2009 10:46 PM PDT Reuters - Floods triggered by heavy rains have killed at least 200 people in the past five days in southern India, destroyed standing crops and left tens of thousands of people homeless, officials said on Sunday.

Ship sinks as typhoon loiters off Philippines (Reuters) Posted: 05 Oct 2009 03:53 AM PDT Reuters - A ship carrying refrigerated goods sank in the South China Sea, killing one person and leaving 10 crew missing, as a powerful storm stalled off the Philippines' northwestern coast on Monday, officials said.

Typhoon stalls, dumps rain on northern Philippines (Reuters) Posted: 05 Oct 2009 12:57 AM PDT Reuters - A powerful storm hovered off the Philippines' northwestern coast on Monday, two days after thrashing remote mountain areas on the main island Luzon and killing 22 people, officials said.

WPI inflation seen at 8 pct by end-March - Nomura (Reuters) Posted: 05 Oct 2009 12:57 AM PDT Reuters - India's annual inflation based on wholesale prices could speed to 8 percent by end-March 2010 backed by rising input costs and strengthening economic activity, Nomura said in a recent note.

Norway world's best place to live, Niger worst (Reuters) Posted: 04 Oct 2009 08:27 PM PDT Reuters - Norway has retained its status as the world's most desirable country to live in, according to U.N. data released on Monday, which ranks sub-Saharan African states afflicted by war and HIV/AIDS as the least attractive places.

IAEA to inspect Iran's Qom site Oct. 25 (Reuters) Posted: 04 Oct 2009 08:49 PM PDT Reuters - U.N. experts will inspect Iran's newly disclosed uranium enrichment plant on Oct. 25, the IAEA nuclear agency chief said on Sunday, praising a shift "from conspiracy to cooperation" between Tehran and the West.

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