Yahoo! News: India Top Stories - Reuters

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• Jackson hailed as greatest entertainer, best dad (Reuters)
• G8 struggles to persuade China, India on climate (Reuters)
• India may face drought if monsoon is weak - attache (Reuters)
• FEATURE - Obesity worries lift health food prospects in Asia (Reuters)
• G8 plus G5 agree to conclude Doha in 2010 - draft (Reuters)
• India 09/10 export growth likely flat - EXIM Bank (Reuters)
• INTERVIEW - India seeks foreign funds role in roads (Reuters)
• Govt may tweak rules on use of stake sale funds (Reuters)
• ANALYSIS - India budget disappoints but more detail to come (Reuters)
• Supreme Court to hear Reliance case on Jul 20 (Reuters)
• India must come back to higher growth - fin min (Reuters)
• INTERVIEW - Pele urges FIFA to bring in salary cap (Reuters)
• Ex-king "very perturbed" at turn of Nepal events (Reuters)
• South Indian tea region discovers a passion for cheese (Reuters)
• Bangladesh importers want India to cut wheat prices (Reuters)
• RBI, finmin officials to meet on July 17 (Reuters)

Jackson hailed as greatest entertainer, best dad (Reuters) Posted: 07 Jul 2009 03:44 PM PDT Reuters - Mariah Carey, Stevie Wonder and Usher sang emotional farewells on Tuesday to Michael Jackson, who was hailed as "the greatest entertainer that ever lived" and described by his tearful 11-year-old daughter Paris as "the best father you could ever imagine."

G8 struggles to persuade China, India on climate (Reuters) Posted: 07 Jul 2009 01:42 PM PDT Reuters - Rich nations sought to persuade China and India on Tuesday to agree to a goal of halving world greenhouse gas emissions by 2050 at a summit of major economies in Italy later this week.

India may face drought if monsoon is weak - attache (Reuters) Posted: 07 Jul 2009 11:06 AM PDT Reuters - India's huge farm economy may be hit by a bad drought if its annual monsoon rains remain weak with the window for planting crops closing by mid-July, a report from a U.S. Agricultural Department attache said.

FEATURE - Obesity worries lift health food prospects in Asia (Reuters) Posted: 07 Jul 2009 05:24 PM PDT Reuters - It's the growing number of customers such as Bill Chung, who is on a diet after packing on 30 kilograms, that food companies hope to attract as they expand health food lines in Asia.

G8 plus G5 agree to conclude Doha in 2010 - draft (Reuters) Posted: 07 Jul 2009 02:33 PM PDT Reuters - G8 leaders plus Brazil, India, China, Mexico and South Africa will agree at a summit on Thursday to conclude the Doha round of world trade talks successfully in 2010, according to a draft communique seen by Reuters.

India 09/10 export growth likely flat - EXIM Bank (Reuters) Posted: 07 Jul 2009 09:47 AM PDT Reuters - India's exports are likely to show no growth during the 2009/10 financial year as markets begin to stabilise but demand remains weak, the chairman of Export-Import Bank of India said.

INTERVIEW - India seeks foreign funds role in roads (Reuters) Posted: 07 Jul 2009 05:55 AM PDT Reuters - India wants foreign investors to fund as much as half of the $20 billion a year it has earmarked for road building, Transport Minister Kamal Nath said on Tuesday.

Govt may tweak rules on use of stake sale funds (Reuters) Posted: 07 Jul 2009 06:38 AM PDT Reuters - India may tweak the rules governing the use of funds obtained from stake sales in state-run firms, a senior official said on Tuesday, as the government explores various means to narrow a bloated fiscal gap.

ANALYSIS - India budget disappoints but more detail to come (Reuters) Posted: 07 Jul 2009 04:32 AM PDT Reuters - India's newly re-elected government may have disappointed investors with a deficit-laden budget lacking big pro-market initiatives but it does not mean the government has abandoned intentions towards reforms.

Supreme Court to hear Reliance case on Jul 20 (Reuters) Posted: 07 Jul 2009 06:33 AM PDT Reuters - MUMBAI (Reuters) The Supreme Court said on Tuesday it will hear a case on a gas supply dispute between Reliance Industries and Reliance Natural Resources on July 20.

India must come back to higher growth - fin min (Reuters) Posted: 07 Jul 2009 01:09 AM PDT Reuters - India must come back to higher growth path at the earliest, Finance Minister Pranab Mukherjee said on Tuesday.

INTERVIEW - Pele urges FIFA to bring in salary cap (Reuters) Posted: 07 Jul 2009 02:15 AM PDT Reuters - Pele has urged world soccer's governing body (FIFA) to introduce a salary cap for players and warned that the vast sums of money changing hands in the game could taint its image for future generations.

Ex-king "very perturbed" at turn of Nepal events (Reuters) Posted: 06 Jul 2009 10:00 PM PDT Reuters - Nepal's deposed King Gyanendra said he was "very perturbed" at the lack of progress in establishing peace and prosperity for the people of the Himalayan nation a year after the end of the monarchy.

South Indian tea region discovers a passion for cheese (Reuters) Posted: 06 Jul 2009 11:15 PM PDT Reuters - The misty hills of Nilgiris have for decades grown some of the world's finest teas, but a few residents are hoping the southern Indian region will become renowned for another, unusual product: gourmet cheese.

Bangladesh importers want India to cut wheat prices (Reuters) Posted: 07 Jul 2009 02:15 AM PDT Reuters - Bangladesh's wheat importers asked India on Tuesday to cut wheat prices, allowing them to buy more of the grain from their neighbour's bulging stockpiles.

RBI, finmin officials to meet on July 17 (Reuters) Posted: 07 Jul 2009 12:52 AM PDT Reuters - Indian finance ministry and Reserve Bank of India (RBI) officials will meet in New Delhi on July 17 to finalise the new borrowing plan for the April-September period, Finance Secretary Ashok Chawla said on Tuesday.

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