G20 musters $1.1 trillion to fight global crisis (Reuters) Posted: 02 Apr 2009 04:27 PM PDT Reuters - World leaders set out a $1.1 trillion package to help revive the global economy on Thursday, as a U.S. accounting standards board gave more flexibility to banks carrying the toxic assets that poisoned the international financial system. |
Obama - U.S. to lead on climate so China, India follow (Reuters) Posted: 02 Apr 2009 02:03 PM PDT Reuters - U.S. President Barack Obama said on Thursday the United States would "lead by example" in combating climate change so that developing nations such as India and China would follow suit. |
India 101-2 v New Zealand - lunch (Reuters) Posted: 02 Apr 2009 05:34 PM PDT Reuters - India were 101 for two at lunch on the first day of the third and final test against New Zealand at the Basin Reserve on Friday. Scores: |
Satyam changes bidding process as sale nears (Reuters) Posted: 02 Apr 2009 09:25 AM PDT Reuters - India's fraud-hit Satyam Computer Services said on Thursday it has changed the bidding process for a controlling stake in it to introduce a second-round open auction to find a new owner if necessary. |
Banks asked to cut rates; push loan growth to 24 pct (Reuters) Posted: 02 Apr 2009 07:46 AM PDT Reuters - The government has asked state-run banks to review their lending rates and aim for a robust 24 percent loan growth to help pump-prime a slowing economy, the country's top bureaucrat said on Thursday. |
ELECTION EYE - Setback for Congress party before polls (Reuters) Posted: 02 Apr 2009 12:40 PM PDT Reuters - The following is a snapshot of recent developments in India's general election campaign. (The sources are mentioned in brackets) |
India to begin fighter jet trials soon (Reuters) Posted: 02 Apr 2009 02:26 AM PDT Reuters - India will soon begin trials of fighter jets competing for one of the world's biggest arms deals, a defence ministry official said on Thursday, brushing aside speculation the upcoming election could affect the deal. |
Reliance begins pumping gas from KG basin field (Reuters) Posted: 02 Apr 2009 03:04 AM PDT Reuters - Reliance Industries has started pumping natural gas from its massive deep-sea field in the Bay of Bengal, which at full throttle will nearly double India's gas output, the company said on Thursday. |
Inflation near zero leaves room for rate cut (Reuters) Posted: 02 Apr 2009 02:36 AM PDT Reuters - India's annual inflation rate hovered above zero in mid-March and analysts said they expect it to turn negative in the next couple of weeks, providing enough room to the central bank to further ease monetary policy. |
Hamilton stripped of Australian GP podium (Reuters) Posted: 02 Apr 2009 02:37 AM PDT Reuters - Formula One world champion Lewis Hamilton was stripped of his third place at the season-opening Australian Grand Prix after stewards ruled on Thursday that he and McLaren had deliberately misled them. |
New Zealand win toss, elect to field v India 3rd test (Reuters) Posted: 02 Apr 2009 03:04 PM PDT Reuters - New Zealand captain Daniel Vettori won the toss and elected to field in the third and final test at the Basin Reserve on Friday. |
Time for NZ bowlers to respond to save series (Reuters) Posted: 02 Apr 2009 01:38 AM PDT Reuters - New Zealand's bowlers have been challenged by captain Daniel Vettori to respond the same way the batsmen did in the second test in Napier when the third and final encounter against India begins on Friday. |
Facebook, Youtube at work make better employees - study (Reuters) Posted: 01 Apr 2009 10:17 PM PDT Reuters - Caught Twittering or on Facebook at work? It'll make you a better employee, according to an Australian study that shows surfing the Internet for fun during office hours increases productivity. |
G20 seals $1.1 trillion deal, markets rally (Reuters) Posted: 02 Apr 2009 12:21 PM PDT Reuters - World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression, and tightened the rules to stop it happening again. |
G20 leaders craft crisis response, mkts buoyed (Reuters) Posted: 02 Apr 2009 02:34 AM PDT Reuters - World leaders will impose new financial rules on Thursday and come up with more funds for the IMF to temper the worst economic crisis since the 1930s. |
Indian shares provisionally rise 4.6 pct (Reuters) Posted: 02 Apr 2009 03:13 AM PDT Reuters - Indian shares provisionally rose 4.6 percent on Thursday to their best close in five months, tracking a broad rally across Asia and Europe on increased hopes that the world economy was on the mend. |
ELECTION EYE - India warns leaders against militant strikes (Reuters) Posted: 01 Apr 2009 09:48 PM PDT Reuters - The following is a snapshot of recent developments in India's general election campaign. (The sources are mentioned in brackets) |
Satyam sale expected by mid-April - source (Reuters) Posted: 02 Apr 2009 02:38 AM PDT Reuters - Financial bids for Satyam Computer will be submitted by next week, three banking sources involved in the deal said on Thursday, and the sale of the fraud-hit Indian outsourcer is likely to be completed by mid-April, another source with knowledge of the proceedings said. |
Baby may disturb Federer's grand slam dreams (Reuters) Posted: 02 Apr 2009 12:25 AM PDT Reuters - If Roger Federer thinks becoming a father will have little impact on his goal of equalling and then breaking Pete Sampras's record of 14 grand slam titles he might be in for a rude awakening. |
Maradona heartache as Argentina get hit for six (Reuters) Posted: 01 Apr 2009 10:10 PM PDT Reuters - Argentina were thumped 6-1 by Bolivia in a World Cup qualifier on Wednesday and shattered coach Diego Maradona said that each goal was like a stab in his heart. |