Yahoo! News: India Top Stories - Reuters

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• Ambani dispute back to square one as judge quits (Reuters)
• No decision taken on fuel price revision - oil secy (Reuters)
• U.S. Fed sees rates near zero for "extended period" (Reuters)
• More targets, cooperators in Galleon insider case (Reuters)
• U.S. delegation holds talks with Myanmar's Suu Kyi (Reuters)
• Dalai Lama riles China, this time with India trip (Reuters)
• Airbus to fly new freighter, doubt over buyer (Reuters)
• Poor urge deep climate cuts; U.N. says out of reach (Reuters)
• Four killed in Kashmir border clash, incursions rise (Reuters)
• ArcelorMittal seeks new sites in India after land delays (Reuters)
• Govt to push ahead with reforms; welcomes inflows (Reuters)
• EU seeks political impetus for India trade pact (Reuters)
• Toyota pulls out of Formula One (Reuters)
• Plan panel sees 6.3 pct growth in FY10 - report (Reuters)
• Tata Steel: Corus may operate at 100 pct by March (Reuters)
• Food inflation to moderate by year end - Ahluwalia (Reuters)
• Govt may buy rice from Vietnam, Thailand - report (Reuters)
• Flu pandemic closes schools, vaccine scarce (Reuters)

Ambani dispute back to square one as judge quits (Reuters) Posted: 04 Nov 2009 06:45 AM PST Reuters - A high-profile legal dispute between India's billionaire Ambani brothers was disrupted on Wednesday when a judge withdrew from a Supreme Court hearing, citing potential conflict of interest.

No decision taken on fuel price revision - oil secy (Reuters) Posted: 04 Nov 2009 05:32 AM PST Reuters - Rising crude oil costs have raised India's subsidy burden but the government has not taken any decision to revise state-set fuel prices, Oil Secretary R.S. Pandey told reporters on Wednesday. (Reporting by Nidhi Verma; Editing by John Mair)

U.S. Fed sees rates near zero for "extended period" (Reuters) Posted: 04 Nov 2009 04:27 PM PST Reuters - The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even as it stuck to its commitment to keep borrowing costs near zero for "an extended period."

More targets, cooperators in Galleon insider case (Reuters) Posted: 04 Nov 2009 01:55 PM PST Reuters - Investigators expect more people to be charged in the Galleon hedge fund insider trading case, and they said they have cooperating witnesses to strengthen their case against the fund's billionaire founder Raj Rajaratnam.

U.S. delegation holds talks with Myanmar's Suu Kyi (Reuters) Posted: 04 Nov 2009 02:14 PM PST Reuters - A top U.S. official held rare talks with Myanmar's detained opposition leader, Aung San Suu Kyi, on Wednesday as part of Washington's highest-level visit to the isolated army-ruled country in 14 years.

Dalai Lama riles China, this time with India trip (Reuters) Posted: 04 Nov 2009 01:32 AM PST Reuters - The Dalai Lama, branded by China as a separatist, on Sunday begins a week-long visit to a remote Indian province also claimed by Beijing as the two countries struggle to settle a border dispute.

Airbus to fly new freighter, doubt over buyer (Reuters) Posted: 04 Nov 2009 01:40 PM PST Reuters - European planemaker Airbus is preparing the maiden test flight of a new model of freighter plane, but doubts have emerged over the identity of its first operator as global trade remains in the grip of recession.

Poor urge deep climate cuts; U.N. says out of reach (Reuters) Posted: 04 Nov 2009 11:14 AM PST Reuters - Developing countries said on Wednesday they risked "total destruction" unless the rich stepped up the fight against climate change to a level that even the United Nations says is out of reach.

Four killed in Kashmir border clash, incursions rise (Reuters) Posted: 04 Nov 2009 04:27 AM PST Reuters - Indian troops shot dead four separatist guerrillas as they tried to cross into Indian Kashmir from the Pakistani side, the third infiltration attempt to be foiled in the past one week, the army said on Wednesday.

ArcelorMittal seeks new sites in India after land delays (Reuters) Posted: 04 Nov 2009 12:08 AM PST Reuters - ArcelorMittal, the world's largest steelmaker, is looking for alternative sites to set up a steel plant in India, after delays in getting land at existing locations, the chief executive of its Indian operations told reporters.

Govt to push ahead with reforms; welcomes inflows (Reuters) Posted: 04 Nov 2009 06:26 AM PST Reuters - India will push ahead with financial sector reforms, which will not destablise growth, and can absorb a welcome rise in foreign investment flows, a top policy adviser said on Wednesday.

EU seeks political impetus for India trade pact (Reuters) Posted: 04 Nov 2009 05:39 AM PST Reuters - Indian and European Union leaders meeting this week must provide fresh impetus to stalled talks on a new trade pact, a European Commission diplomat said on Wednesday.

Toyota pulls out of Formula One (Reuters) Posted: 04 Nov 2009 02:37 AM PST Reuters - Toyota withdrew from Formula One with immediate effect on Wednesday, leaving Japan without a team in motorsport's premier series.

Plan panel sees 6.3 pct growth in FY10 - report (Reuters) Posted: 03 Nov 2009 11:31 PM PST Reuters - The Indian economy is expected to expand by 6.3 percent in the year to March 2010, the Planning Commission said in a report on Wednesday.

Tata Steel: Corus may operate at 100 pct by March (Reuters) Posted: 04 Nov 2009 12:51 AM PST Reuters - Tata Steel Ltd, the world's eighth-largest steel maker, expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March, a top official said on Wednesday.

Food inflation to moderate by year end - Ahluwalia (Reuters) Posted: 04 Nov 2009 12:08 AM PST Reuters - High food price inflation is a concern but it should moderate by the end of this year, deputy chairman of Planning Commission Montek Singh Ahluwalia said on Wednesday.

Govt may buy rice from Vietnam, Thailand - report (Reuters) Posted: 03 Nov 2009 09:37 PM PST Reuters - India may import about 2 million tonnes of rice, including government-to-government deals with Thailand and Vietnam, the Press Trust of India reported on Wednesday, citing unamed official sources.

Flu pandemic closes schools, vaccine scarce (Reuters) Posted: 03 Nov 2009 07:41 PM PST Reuters - Swine flu has driven up the price of horse meat in Mongolia, closed schools across Afghanistan and Ukraine and sparked a quarrel over whether detainees at a U.S. base in Cuba should be vaccinated.

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