Yahoo! News: India Top Stories - Reuters

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• Indian carriers cancel flights to U.S., Europe, Canada (Reuters)
• Pakistan may fear reopening Bhutto probe - analysts (Reuters)
• Goldman Sachs charged with fraud by SEC (Reuters)
• ANALYSIS - BRICs take baby steps toward greater global clout (Reuters)
• Cricket money row rumbles parliament (Reuters)
• 3G bids up 46 pct from base on auction 6th day (Reuters)
• Mahindra to buy out Renault stake in JV (Reuters)
• Volcanic ash grounds flights across much of Europe (Reuters)
• Fee curbs holding up road projects - adviser (Reuters)
• Nuclear Power Corp to boost capacity - executive (Reuters)
• Twenty F1 races for 2011 season, says Ecclestone (Reuters)
• IATA says volcanic ash costing airlines $200 mln/day (Reuters)
• Rolling Stones issue unheard song for record stores (Reuters)
• Tibetans mourn dead as China quake toll hits 791 (Reuters)
• "Cool" postures as yoga takes to water in India (Reuters)
• Orissa seeks wider illegal iron ore mines probe (Reuters)
• Govt favours minimal rate hike as officials meet (Reuters)
• India to play ODI tri-series in Zimbabwe (Reuters)
• SBI: not much rate rise seen in 2-3 months (Reuters)

Indian carriers cancel flights to U.S., Europe, Canada (Reuters) Posted: 16 Apr 2010 08:00 AM PDT Reuters - Indian carriers on Friday halted flights to Europe, the U.S. and Canada following the closure of airports in Europe due to a cloud of volcanic ash from an eruption in Iceland.

Pakistan may fear reopening Bhutto probe - analysts (Reuters) Posted: 16 Apr 2010 03:55 PM PDT Reuters - The Pakistani government may be reluctant to act on a call by a U.N. commission to investigate thoroughly the assassination of Benazir Bhutto because of fear of its own powerful security establishment, analysts said on Friday.

Goldman Sachs charged with fraud by SEC (Reuters) Posted: 16 Apr 2010 04:42 PM PDT Reuters - Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.

ANALYSIS - BRICs take baby steps toward greater global clout (Reuters) Posted: 16 Apr 2010 04:26 PM PDT Reuters - The world's leading emerging powers found little new to agree on in their summit in Brazil, but their assertive tone in demanding more clout in global financial institutions and setting of a deadline for the reforms shows they are slowly becoming a more potent group.

Cricket money row rumbles parliament (Reuters) Posted: 16 Apr 2010 05:12 AM PDT Reuters - A row over corruption allegations against Shashi Tharoor, the junior foreign minister, sparked uproar in parliament on Friday, taking the key budget session's focus away from economic issues such as food price rise.

3G bids up 46 pct from base on auction 6th day (Reuters) Posted: 16 Apr 2010 08:00 AM PDT Reuters - One provisional winning bid for national cover in India's third-generation (3G) spectrum auction rose 46 percent from the base to 50.96 billion rupees ($1.15 billion) on the sixth day of the auction, government data showed on Friday.

Mahindra to buy out Renault stake in JV (Reuters) Posted: 16 Apr 2010 12:48 PM PDT Reuters - France's Renault is bailing out of a loss-making joint venture with Mahindra & Mahindra after disappointing Logan sales, and is expected to focus on other projects in the potentially high-growth market.

Volcanic ash grounds flights across much of Europe (Reuters) Posted: 16 Apr 2010 12:28 PM PDT Reuters - A huge ash cloud from an Icelandic volcano spread out across Europe on Friday causing air travel chaos on a scale not seen since the Sept. 11 attacks and costing airlines hundreds of millions of dollars.

Fee curbs holding up road projects - adviser (Reuters) Posted: 16 Apr 2010 04:47 AM PDT Reuters - An ambitious plan to double the daily expansion of the highway network in the country is being held up as restrictions on imposing tolls make them unattractive to lenders and bidders, a government adviser said.

Nuclear Power Corp to boost capacity - executive (Reuters) Posted: 16 Apr 2010 07:23 AM PDT Reuters - India's Nuclear Power Corp plans to ramp up generation capacity to 7,000 megawatts (MW) by 2012, and will launch projects of 10,000-12,000 MW capacity in three to four years, a top official said on Friday.

Twenty F1 races for 2011 season, says Ecclestone (Reuters) Posted: 16 Apr 2010 05:29 AM PDT Reuters - Formula One will have 20 races next season with the addition of the Indian Grand Prix to the calendar, commercial supremo Bernie Ecclestone said on Friday.

IATA says volcanic ash costing airlines $200 mln/day (Reuters) Posted: 16 Apr 2010 08:37 AM PDT Reuters - Disruption from the volcanic ash eruption in Iceland is costing airlines more than $200 million a day, the air industry body IATA said on Friday.

Rolling Stones issue unheard song for record stores (Reuters) Posted: 16 Apr 2010 08:54 AM PDT Reuters - The Rolling Stones will release "Plundered My Soul", a track never heard before, as a limited edition vinyl single to mark Record Store Day on Saturday which aims to support struggling music retail outlets.

Tibetans mourn dead as China quake toll hits 791 (Reuters) Posted: 16 Apr 2010 03:07 AM PDT Reuters - Tibetans mourned dead relatives on Friday from an earthquake that killed nearly 800 people in remote western China, as rescue crews found a handful of survivors and homeless residents complained of aid delays.

"Cool" postures as yoga takes to water in India (Reuters) Posted: 16 Apr 2010 01:24 AM PDT Reuters - You've probably heard of hot yoga and power yoga, but now there's another form of the physical and mental activity that's gaining in popularity in India -- water yoga.

Orissa seeks wider illegal iron ore mines probe (Reuters) Posted: 16 Apr 2010 07:43 AM PDT Reuters - The state of Orissa, engaged in a large scale action against illegal mines since last year, is seeking to expand the crackdown by roping in neighbouring Jharkhand state, senior officials in the two states said on Friday.

Govt favours minimal rate hike as officials meet (Reuters) Posted: 16 Apr 2010 05:04 AM PDT Reuters - The chief of the Reserve Bank of India (RBI) met with the finance minister on Friday ahead of the bank's monetary policy review on April 20, as the government signalled it favoured a minimal hike in rates because it believes inflation is peaking.

India to play ODI tri-series in Zimbabwe (Reuters) Posted: 16 Apr 2010 04:54 AM PDT Reuters - India will travel to Zimbabwe in May and June for a triangular one-day series also involving Sri Lanka and two Twenty20 internationals against the hosts, the Indian cricket board (BCCI) said on Friday.

SBI: not much rate rise seen in 2-3 months (Reuters) Posted: 16 Apr 2010 02:17 AM PDT Reuters - State Bank of India, the country's top lender, does not expect much of a hike in interest rates, Chairman O.P. Bhatt said on Friday.

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