Yahoo! News: India Top Stories - Reuters

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• Naga groups suspend Manipur blockade (Reuters)
• INTERVIEW - Budget deficit may drop to 4.5 pct (Reuters)
• BP unveils new oil spill plan as shares tumble (Reuters)
• Pakistan denies allegations of Afghanistan meddling (Reuters)
• Japan and Dutch win, day opens with unrest (Reuters)
• No date yet for fuel price panel meet - official (Reuters)
• Reliance Comm planning deal for tower arm (Reuters)
• Inflation tops forcast; finmin talks down rate hike (Reuters)
• Q+A - The likely impact of delay in fuel reforms (Reuters)
• Bangladesh asks factories to shut for World Cup (Reuters)
• Netherlands beat Denmark, police clash with workers (Reuters)
• Obama, BP set for for oil-spill showdown (Reuters)
• Luck helps Netherlands overcome Denmark (Reuters)
• Sun TV founder to buy into SpiceJet; make open offer (Reuters)
• Reliance Ind makes bold bet with foray in telecom (Reuters)
• Report says Pakistan meddling in Afghanistan (Reuters)
• Germans show power, Ghana pride of Africa (Reuters)
• Inflation to fall in 6 months of freeing fuel prices - adviser (Reuters)
• U.S. discovers $1 trillion Afghan mineral deposits - report (Reuters)
• U.S. country music legend Jimmy Dean dead at 81 (Reuters)

Naga groups suspend Manipur blockade (Reuters) Posted: 14 Jun 2010 08:53 AM PDT Reuters - Naga groups on Monday agreed to suspend a two-month-long blockade of a vital highway that has caused food and fuel shortages in the troubled northeastern state of Manipur.

INTERVIEW - Budget deficit may drop to 4.5 pct (Reuters) Posted: 14 Jun 2010 01:58 AM PDT Reuters - India may be able to cut its fiscal deficit to 4.5 percent of GDP by March 2011 due to revenues from 3G auctions and robust economic growth, Finance Secretary Ashok Chawla told Reuters on Monday.

BP unveils new oil spill plan as shares tumble (Reuters) Posted: 14 Jun 2010 04:26 PM PDT Reuters - U.S. lawmakers accused BP Plc on Monday of taking risky shortcuts on its blown-out Gulf of Mexico oil well, while President Barack Obama kept up pressure on the energy giant to swiftly compensate victims of the worst spill in U.S. history.

Pakistan denies allegations of Afghanistan meddling (Reuters) Posted: 14 Jun 2010 07:54 AM PDT Reuters - Pakistan's military and political establishment on Monday angrily denied a report that alleges enduring ties to the Afghan Taliban and that America's ally was playing a double-game.

Japan and Dutch win, day opens with unrest (Reuters) Posted: 14 Jun 2010 11:44 AM PDT Reuters - Japan shook off a run of miserable form to upset fancied African side Cameroon 1-0 on Monday, joining Netherlands as the two winners from Group E on a day which had opened in violence off the field.

No date yet for fuel price panel meet - official (Reuters) Posted: 14 Jun 2010 01:53 AM PDT Reuters - The government is yet to decide a date for the next meeting of a ministerial panel set up to look into freeing up fuel prices, a top oil ministry official said on Monday.

Reliance Comm planning deal for tower arm (Reuters) Posted: 14 Jun 2010 09:16 AM PDT Reuters - Debt-burdened Reliance Communications, India's No. 2 cellular carrier, said its board has approved a proposal to bring investors into its tower unit to create an independent infrastructure business.

Inflation tops forcast; finmin talks down rate hike (Reuters) Posted: 14 Jun 2010 08:01 AM PDT Reuters - India's headline inflation unexpectedly accelerated in May, heightening expectations the Reserve Bank of India (RBI) would raise rates before its scheduled July review despite concerns over Europe's debt crisis.

Q+A - The likely impact of delay in fuel reforms (Reuters) Posted: 14 Jun 2010 05:47 AM PDT Reuters - Political opposition has forced a delay in the government's plan to cut costly fuel subsidies and a decision is unlikely before inflation, already high at over 10 percent, comes down.

Bangladesh asks factories to shut for World Cup (Reuters) Posted: 14 Jun 2010 05:47 AM PDT Reuters - Authorities in soccer crazy Bangladesh on Monday asked all manufacturing factories in and around the capital Dhaka to suspend operations each evening until the end of the World Cup in South Africa.

Netherlands beat Denmark, police clash with workers (Reuters) Posted: 14 Jun 2010 08:10 AM PDT Reuters - The Netherlands won a comfortable 2-0 victory against Denmark on Monday despite an unimpressive display, as the World Cup shifted back to the main business of soccer after its first incident of serious violence.

Obama, BP set for for oil-spill showdown (Reuters) Posted: 14 Jun 2010 08:35 AM PDT Reuters - U.S. President Barack Obama embarked on a new visit to the Gulf of Mexico on Monday, two days ahead of a crucial showdown with top BP executives over the worst environmental disaster in U.S. history.

Luck helps Netherlands overcome Denmark (Reuters) Posted: 14 Jun 2010 07:54 AM PDT Reuters - Netherlands rarely moved out of first gear but still had far too much in the tank to leave Denmark trailing as they secured a 2-0 victory in their opening World Cup Group E match at Soccer City on Monday.

Sun TV founder to buy into SpiceJet; make open offer (Reuters) Posted: 14 Jun 2010 05:47 AM PDT Reuters - Sun TV founder Kalanithi Maran's move to acquire a controlling stake in SpiceJet will boost expansion at the budget carrier, increase the clout of the sector and signals consolidation in the industry, analysts said on Monday.

Reliance Ind makes bold bet with foray in telecom (Reuters) Posted: 14 Jun 2010 02:17 AM PDT Reuters - Reliance Industries' re-entry into India's telecom sector will help the conglomerate tap opportunities in the untapped wireless data market as it aims to replicate growth of the mobile phone sector.

Report says Pakistan meddling in Afghanistan (Reuters) Posted: 13 Jun 2010 10:32 PM PDT Reuters - Pakistani military intelligence not only funds and trains Taliban fighters in Afghanistan but is officially represented on the movement's leadership council, giving it significant influence over operations, a report said.

Germans show power, Ghana pride of Africa (Reuters) Posted: 13 Jun 2010 09:42 PM PDT Reuters - Germany gave a devastating display of their nation's traditional power on Sunday to overrun Australia and Ghana were the toast of Africa after taking the continent's first victory in its inaugural World Cup.

Inflation to fall in 6 months of freeing fuel prices - adviser (Reuters) Posted: 14 Jun 2010 05:47 AM PDT Reuters - India's headline inflation will decrease within six months of freeing fuel prices, the finance ministry's chief economic adviser, Kaushik Basu, said on Monday.

U.S. discovers $1 trillion Afghan mineral deposits - report (Reuters) Posted: 13 Jun 2010 10:22 PM PDT Reuters - Afghanistan could be holding $1 trillion of untapped mineral deposits including critical industrial metals such as lithium, the New York Times reported, quoting U.S. government officials.

U.S. country music legend Jimmy Dean dead at 81 (Reuters) Posted: 14 Jun 2010 12:36 AM PDT Reuters - U.S. country music artist Jimmy Dean, who topped the charts in 1961 with the crossover hit "Big Bad John," and later became a sausage entrepreneur, has died, police said on Monday.

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