Yahoo! News: India Top Stories - Reuters

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• Govt hikes fuel prices for first time since July (Reuters)
• Up to 9 Indians among 16 killed in Kabul attacks (Reuters)
• Cynicism in both India and Pakistan after talks (Reuters)
• Myanmar court rejects Suu Kyi appeal (Reuters)
• Major quake hits off Japan, tsunami warning issued (Reuters)
• Karun Chandhok in "final stages of talks" with Campos (Reuters)
• Budget raises borrowing to new record; bonds hit (Reuters)
• Two Pakistan players in match-fixing investigation (Reuters)
• Govt eyes millions in green funds from coal tax (Reuters)
• FACTBOX - Budget: key proposals, implications (Reuters)
• Govts agree independent review of U.N. climate panel (Reuters)
• Hollywood North readies for Bollywood West role (Reuters)
• Govt aims 4 pct farm growth; no steps to curb prices (Reuters)
• Germany eye third straight hockey world title (Reuters)
• HIGHLIGHTS - 2010/11 budget presented to parliament (Reuters)
• TIMELINE - Attacks in Afghan capital target foreigners (Reuters)
• China, India back Copenhagen Accord: U.N. Climate chief (Reuters)
• Afghans aiming to upset heroes at Twenty20 World Cup (Reuters)
• Income tax slabs raised; seen boosting consumption (Reuters)
• Government may raise fuel prices on Friday - oil secretary (Reuters)

Govt hikes fuel prices for first time since July (Reuters) Posted: 26 Feb 2010 08:45 AM PST Reuters - The government will raise retail motor fuel prices by up to 7.75 percent from midnight on Friday, the first hike since July, a move that will add to already high headline inflation and risks sparking political protests.

Up to 9 Indians among 16 killed in Kabul attacks (Reuters) Posted: 26 Feb 2010 05:53 AM PST Reuters - Taliban fighters opened fire, hurled grenades and staged suicide bombings in central Kabul on Friday, killing at least 16 people in defiance of the Western-backed government and a NATO offensive.

Cynicism in both India and Pakistan after talks (Reuters) Posted: 26 Feb 2010 01:30 AM PST Reuters - Commentators in both India and Pakistan greeted on Friday the first official talks between their countries since the 2008 Mumbai attacks with a degree of cynicism even though no breakthrough had been expected.

Myanmar court rejects Suu Kyi appeal (Reuters) Posted: 26 Feb 2010 11:24 AM PST Reuters - Myanmar's Supreme Court on Friday rejected an appeal by pro-democracy leader Aung San Suu Kyi against her house arrest, a ruling diplomats said would cast further doubt on the legitimacy of this year's election.

Major quake hits off Japan, tsunami warning issued (Reuters) Posted: 26 Feb 2010 01:25 PM PST Reuters - A magnitude 7.3 quake hit Japan's southern island of Okinawa early on Saturday, the U.S. Geological Survey reported, and Japan's weather agency issued a tsunami warning for up to 2 metres.

Karun Chandhok in "final stages of talks" with Campos (Reuters) Posted: 26 Feb 2010 05:45 AM PST Reuters - Karun Chandhok is in the final stages of talks with Campos Meta Formula One team for a drive in the 2010 season, the Indian driver's manager said on Friday.

Budget raises borrowing to new record; bonds hit (Reuters) Posted: 26 Feb 2010 08:36 AM PST Reuters - India's government plans record levels of borrowing next year and will count on surging economic growth to help cut its fiscal deficit, putting pressure on the Reserve Bank of India to be more aggressive in its monetary tightening.

Two Pakistan players in match-fixing investigation (Reuters) Posted: 26 Feb 2010 05:38 AM PST Reuters - Two Pakistan cricketers are under investigation for suspected match-fixing, Pakistan Cricket Board (PCB) chairman Ejaz Butt said on Friday.

Govt eyes millions in green funds from coal tax (Reuters) Posted: 26 Feb 2010 03:43 AM PST Reuters - The government proposed on Friday a small tax on production of coal to raise millions of dollars for a National Clean Energy Fund that could help the world's fourth biggest polluter to shift to a low-carbon economy.

FACTBOX - Budget: key proposals, implications (Reuters) Posted: 26 Feb 2010 05:53 AM PST Reuters - India will increase market borrowing by 1.3 percent in the next fiscal year to a record level, as it counts on a surging economy and a partial rollback of stimulus measures to cut its fiscal deficit.

Govts agree independent review of U.N. climate panel (Reuters) Posted: 26 Feb 2010 08:36 AM PST Reuters - An independent board of scientists is to review the work of a U.N. climate panel, whose credibility came under attack after it published errors, a U.N. environment spokesman said on Friday.

Hollywood North readies for Bollywood West role (Reuters) Posted: 26 Feb 2010 07:36 AM PST Reuters - Hollywood North is auditioning for the role of Bollywood West.

Govt aims 4 pct farm growth; no steps to curb prices (Reuters) Posted: 26 Feb 2010 05:27 AM PST Reuters - India will boost farm spending and lift agriculture sector growth to 4 percent in the medium term, Finance Minister Pranab Mukherjee said on Friday, but analysts said the federal budget failed to introduce measures to curb rising food prices.

Germany eye third straight hockey world title (Reuters) Posted: 26 Feb 2010 05:07 AM PST Reuters - Olympic champions Germany will look to set aside security fears and focus on clinching their third straight world title when the men's hockey World Cup kicks off on Sunday.

HIGHLIGHTS - 2010/11 budget presented to parliament (Reuters) Posted: 26 Feb 2010 03:33 AM PST Reuters - Finance Minister Pranab Mukherjee presents his annual budget on Friday.

TIMELINE - Attacks in Afghan capital target foreigners (Reuters) Posted: 26 Feb 2010 05:07 AM PST Reuters - At least 14 people were killed and 32 wounded in Taliban attacks in Kabul on Friday, officials said, the latest audacious assault in the Afghan capital despite a renewed push against the insurgents.

China, India back Copenhagen Accord: U.N. Climate chief (Reuters) Posted: 25 Feb 2010 10:01 PM PST Reuters - India and China have demonstrated commitment to a climate accord struck in Copenhagen last year and their refusal so far to "associate" with it should not be overblown, the UN's climate chief said on Friday.

Afghans aiming to upset heroes at Twenty20 World Cup (Reuters) Posted: 25 Feb 2010 11:21 PM PST Reuters - Afghanistan will be going to the Twenty20 World Cup in West Indies to do more than just meet their heroes... they want to beat them, teenage wicketkeeper Mohammad Shahzad has warned.

Income tax slabs raised; seen boosting consumption (Reuters) Posted: 26 Feb 2010 03:25 AM PST Reuters - India raised personal income tax slabs for 2010/11, which could result in a net tax saving of 20,000 to 50,000 rupees for those earnings above 300,000 rupees, giving a boost to the country's rising consumption, experts said.

Government may raise fuel prices on Friday - oil secretary (Reuters) Posted: 26 Feb 2010 02:41 AM PST Reuters - The government may raise state-set fuel prices later on Friday, Oil Secretary S. Sundareshan said after it said in its budget it would increase import taxes on crude and products and the excise duty on petrol and diesel.

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