Yahoo! News: India Top Stories - Reuters

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• South Africa edge out New Zealand by one run (Reuters)
• Militants attack Peshawar hotel, 5 dead, 70 hurt (Reuters)
• U.S. Supreme Court allows Chrysler sale to Fiat (Reuters)
• WHO on verge of declaring H1N1 flu pandemic (Reuters)
• Satyam profits revealed for open offer, shares surge (Reuters)
• U.S. banks to repay funds; German news adds gloom (Reuters)
• INTERVIEW - Santhi turns to coaching after suicide bid (Reuters)
• Ex-AT&T CEO Whitacre to become new GM chairman (Reuters)
• Nadal to try "200 percent" to play at Wimbledon (Reuters)
• PM says willing to meet Pakistan "more than half way" (Reuters)
• Injured Sehwag out of Twenty20 World Cup (Reuters)
• Afridi propels Pakistan into second round (Reuters)
• PM says has room to raise public spending (Reuters)
• Sri Lanka sends 2,000 war refugees home (Reuters)
• Five killed, 25 hurt in Peshawar blast (Reuters)
• Maoist rebellion: India's big security worry (Reuters)
• Budget expected on July 3 - govt official (Reuters)
• Asian firms not prepared for carbon costs - UBS (Reuters)
• HIGHLIGHTS - PM says scope for higher public spending (Reuters)
• India's engineering grads prefer IT sector jobs - survey (Reuters)

South Africa edge out New Zealand by one run (Reuters) Posted: 09 Jun 2009 01:40 PM PDT Reuters - South Africa edged New Zealand by one run in an exciting if ultimately meaningless Twenty20 World Cup Group D match at Lord's on Tuesday.

Militants attack Peshawar hotel, 5 dead, 70 hurt (Reuters) Posted: 09 Jun 2009 02:47 PM PDT Reuters - Militants attacked a hotel popular with foreigners in the Pakistani city of Peshawar with guns and a truck bomb on Tuesday, killing five people including a U.N. worker, authorities said.

U.S. Supreme Court allows Chrysler sale to Fiat (Reuters) Posted: 09 Jun 2009 05:51 PM PDT Reuters - The Supreme Court on Tuesday cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.

WHO on verge of declaring H1N1 flu pandemic (Reuters) Posted: 09 Jun 2009 11:07 AM PDT Reuters - The World Health Organisation (WHO) is on the verge of declaring the first influenza pandemic in more than 40 years, but wants to ensure countries are well prepared to prevent a panic, its top flu expert said on Tuesday.

Satyam profits revealed for open offer, shares surge (Reuters) Posted: 09 Jun 2009 09:06 AM PDT Reuters - India's Satyam Computer Services released figures on Tuesday showing it stayed profitable even after being hit by India's biggest corporate scandal, sending its shares and those of its new parent surging.

U.S. banks to repay funds; German news adds gloom (Reuters) Posted: 09 Jun 2009 01:40 PM PDT Reuters - U.S. officials gave 10 of the country's largest banks approval on Tuesday to pay back $68 billion in federal funds, a sign their balance sheets may be healthy enough to let them operate more independently.

INTERVIEW - Santhi turns to coaching after suicide bid (Reuters) Posted: 09 Jun 2009 10:13 AM PDT Reuters - Distraught after a failed gender test that led her to attempt suicide, Indian athlete Santhi Soundarajan has turned to coaching and transferred her dreams to her new charges.

Ex-AT&T CEO Whitacre to become new GM chairman (Reuters) Posted: 09 Jun 2009 01:50 PM PDT Reuters - General Motors Corp on Tuesday took a step toward restructuring its widely criticized board by naming former AT&T Inc CEO Ed Whitacre to become chairman of the reorganized automaker when it emerges from bankruptcy under U.S. government oversight.

Nadal to try "200 percent" to play at Wimbledon (Reuters) Posted: 09 Jun 2009 06:56 AM PDT Reuters - Champion Rafael Nadal will do all he can to fix problems with his knees and be fit to defend his Wimbledon title this month, he said on Tuesday after tests at a clinic in Barcelona.

PM says willing to meet Pakistan "more than half way" (Reuters) Posted: 09 Jun 2009 03:54 AM PDT Reuters - Prime Minister Manmohan Singh reached out to Pakistan on Tuesday after months of tension following the Mumbai attacks, saying India would meet its neighbour "more than half way" if it cracked down on militants.

Injured Sehwag out of Twenty20 World Cup (Reuters) Posted: 09 Jun 2009 05:58 AM PDT Reuters - Batsman Virender Sehwag has been ruled out of the Twenty20 World Cup with a shoulder injury and will return home, the Board of Control for Cricket in India (BCCI) said on Tuesday.

Afridi propels Pakistan into second round (Reuters) Posted: 09 Jun 2009 09:06 AM PDT Reuters - Pakistan leg-spinner Shahid Afridi destroyed the Netherlands' Twenty20 World Cup dreams at Lord's on Tuesday with four for 11 from his four overs in the final group B match.

PM says has room to raise public spending (Reuters) Posted: 09 Jun 2009 06:56 AM PDT Reuters - India can counter the global slowdown through public spending, particularly on infrastructure, but that alone will not restore the economy to 9 percent growth rate, Prime Minister Manmohan Singh said on Tuesday.

Sri Lanka sends 2,000 war refugees home (Reuters) Posted: 09 Jun 2009 07:50 AM PDT Reuters - Sri Lanka sent more than 2,000 people back to their home villages in the island nation's northwest on Tuesday, two years after they were displaced by the war with the Tamil Tiger separatists.

Five killed, 25 hurt in Peshawar blast (Reuters) Posted: 09 Jun 2009 10:38 AM PDT Reuters - At least five people were killed and 25 wounded in a bomb blast on Tuesday outside a luxury hotel in the Pakistani city of Peshawar, a government official said.

Maoist rebellion: India's big security worry (Reuters) Posted: 09 Jun 2009 03:05 AM PDT Reuters - Maoist rebels in India are rapidly expanding their insurgency and could move from remote rural areas to cities, a top security official said on Tuesday.

Budget expected on July 3 - govt official (Reuters) Posted: 09 Jun 2009 04:58 AM PDT Reuters - Finance Minister Pranab Mukherjee is expected to present the 2009/10 budget on July 3, an official said on Tuesday.

Asian firms not prepared for carbon costs - UBS (Reuters) Posted: 09 Jun 2009 05:33 AM PDT Reuters - Many Asian firms do not fully understand the potential earnings impacts of carbon pricing in the region nor are they prepared for the risk of carbon import duties on their goods, a senior UBS analyst said on Tuesday.

HIGHLIGHTS - PM says scope for higher public spending (Reuters) Posted: 09 Jun 2009 06:52 AM PDT Reuters - India has scope for increasing public spending, particularly on upgrading infrastructure, despite a high fiscal deficit, Prime Minister Manmohan Singh said on Tuesday.

India's engineering grads prefer IT sector jobs - survey (Reuters) Posted: 09 Jun 2009 12:46 AM PDT Reuters - Information technology (IT) is the most desirable sector for a career for India's engineering students set to graduate in 2010, according to Nielsen Campus Track T-Schools study.

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