Monsoon gathers pace, boosts farm outlook (Reuters) Posted: 05 Jul 2010 08:36 AM PDT Reuters - Monsoon rains have advanced into the key grain-producing states of Punjab and Haryana, continuing a rapid revival after falling 16 percent short of normal in June. |
Fuel strike bites, tests resolve for reforms (Reuters) Posted: 05 Jul 2010 10:39 AM PDT Reuters - Opposition workers set buses on fire and hurled stones as a nationwide strike over higher fuel prices shut down parts of the country on Monday in a test of the government's efforts to cut subsidies and trim a budget deficit. |
Markets bet on a second rate rise in July (Reuters) Posted: 05 Jul 2010 08:43 AM PDT Reuters - Investors bet the Reserve Bank of India (RBI) will raise interest rates for a second time this month on July 27, even as a strike over fuel prices gripped parts of the country on Monday, highlighting the pressures on policymakers. |
POLL - RBI seen raising rates again after Friday move (Reuters) Posted: 05 Jul 2010 07:42 AM PDT Reuters - MUMBAI (Reuters) The Reserve Bank of India (RBI) is likely to raise interest rates again in its quarterly review on July 27, a new survey found, and rates at the end of the year are likely to be higher than forecast before Friday's unexpected 25 basis point rise. |
Finance secretary says inflation to ease to 6 pct by December (Reuters) Posted: 05 Jul 2010 01:35 AM PDT Reuters - The headline inflation will ease to around 6 percent by December, Finance Secretary Ashok Chawla said on Monday. |
In India, for India: medical device makers plug in (Reuters) Posted: 05 Jul 2010 01:56 AM PDT Reuters - In a sleek glass and chrome building in Bangalore's software hub, the more than 1,000 young researchers and engineers at GE Healthcare could hold the keys to innovations that save lives in India's vast hinterland. |
Q+A - What will be the impact of fuel price rises? (Reuters) Posted: 05 Jul 2010 02:01 AM PDT Reuters - Many flights were cancelled, schools shut and businesses disrupted across India on Monday because of a strike over fuel price rises that tests the government's efforts to cut subsidies and trim a budget deficit. |
Q+A - What's next for interest rates after surprise hike? (Reuters) Posted: 05 Jul 2010 02:36 AM PDT Reuters - The Reserve Bank of India (RBI) raised interest rates nearly a month earlier than expected on Friday, citing inflation worries while giving an upbeat view on economic growth. |
ANALYSIS - India's nuclear ambition runs up against China's (Reuters) Posted: 04 Jul 2010 08:31 PM PDT Reuters - A 2008 civilian nuclear energy pact between the United States and India was meant to lift a 34-year-old embargo on nuclear trade despite New Delhi's longstanding weapons programme, a move seen as bolstering it as a counterweight to China. |
Big Yoga: everybody say 'Om' (Reuters) Posted: 05 Jul 2010 03:34 AM PDT Reuters - When one of Meera Patricia Kerr's students tried to attend a regular yoga class the instructor told her to come back when she lost weight. |
BSNL to outsource 3G mobile services - report (Reuters) Posted: 04 Jul 2010 07:44 PM PDT Reuters - State-run telecoms Bharat Sanchar Nigam Ltd plans to outsource its third-generation mobile services and is working on details for a franchisee agreement, the Business Standard reported on Monday. |
Services growth at two-year high in June - survey (Reuters) Posted: 04 Jul 2010 10:32 PM PDT Reuters - India's services sector expanded at its fastest clip in two years last month, led by increases in business expectations and new orders, a survey showed. |
Fired up Nadal blows away Berdych at Wimbledon (Reuters) Posted: 04 Jul 2010 07:57 PM PDT Reuters - So eager was Rafael Nadal to reclaim his Wimbledon title on Sunday that he entered Centre Court with his racket already cocked in his left hand and the unwitting Czech Tomas Berdych lined up in his sights. |
Brazil sack Dunga as coach (Reuters) Posted: 04 Jul 2010 08:15 PM PDT Reuters - Brazil coach Dunga and his entire coaching staff have been sacked after the team's quarter-final exit from the World Cup. |
Inflation to be "comfortable" by December - Ahluwalia (Reuters) Posted: 04 Jul 2010 11:20 PM PDT Reuters - India headline inflation will ease into a comfortable zone by December, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said on Monday. |
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