Yahoo! News: India Top Stories - Reuters

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• Bharti says telco gear curbs easing; iPhone 4 by Oct (Reuters)
• Sixty killed as trains collide in West Bengal (Reuters)
• Doha talks in 2011 hinge on U.S. politics - India (Reuters)
• Rain washes out second day of Sri Lanka v India test (Reuters)
• Investors worry about seepage at capped BP well (Reuters)
• SEBI panel for hiking open-offer trigger (Reuters)
• Pendleton joins Hoy in ditching Commonwealth Games (Reuters)
• HDFC Bank eyes over 20 pct loan growth, Q1 meets f'cast (Reuters)
• Boeing says more India C-17 orders possible (Reuters)
• A $12 billion leasing spree lifts air show (Reuters)
• Monsoon boosts cane area, weak in other parts (Reuters)
• INTERVIEW - India not worried about hefty current account deficit (Reuters)
• Schaeffler to invest 300 mln eur in Asia by 2012 (Reuters)
• Clinton offers aid, seeks stronger Pakistan ties (Reuters)
• Early treatment key for HIV-positive patients - WHO (Reuters)
• ICICI Bank CEO sees 20 pct credit growth in FY11 (Reuters)
• ANALYSIS - Facebook could be social pariah in Asia (Reuters)
• Basmati planting to rise in flood-hit areas (Reuters)
• Overnight rain delays Sri Lanka v India second day (Reuters)
• Gold traders snap up bargains to replenish stock (Reuters)

Bharti says telco gear curbs easing; iPhone 4 by Oct (Reuters) Posted: 19 Jul 2010 03:47 AM PDT Reuters - India's curbs on import of telecoms equipment are easing, a senior executive in the country's leading mobile operator Bharti Airtel said on Monday.

Sixty killed as trains collide in West Bengal (Reuters) Posted: 19 Jul 2010 05:55 AM PDT Reuters - A speeding passenger train crashed into another waiting at Sainthia station in West Bengal early on Monday, killing at least 60 people in India's second major accident in as many months, officials said.

Doha talks in 2011 hinge on U.S. politics - India (Reuters) Posted: 19 Jul 2010 09:21 AM PDT Reuters - There is likely to be little movement in the Doha world trade talks by the end of this year and progress in 2011 will hinge on the outcome of November's U.S. mid-term elections, India's commerce secretary said on Monday.

Rain washes out second day of Sri Lanka v India test (Reuters) Posted: 19 Jul 2010 04:52 AM PDT Reuters - Persistent rain has washed out the second day's play in the first test between Sri Lanka and India at Galle Stadium on Monday.

Investors worry about seepage at capped BP well (Reuters) Posted: 19 Jul 2010 10:04 AM PDT Reuters - Investors fretted about possible seepage from BP's capped Gulf of Mexico well on Monday and speculation grew about assets the company may sell to pay multibillion-dollar costs for its oil spill.

SEBI panel for hiking open-offer trigger (Reuters) Posted: 19 Jul 2010 03:25 AM PDT Reuters - A panel set up by the Securities and Exchange Board of India has proposed changes to takeover rules that are likely to offer better terms to minority shareholders, but could cut down the number of deals in the near term.

Pendleton joins Hoy in ditching Commonwealth Games (Reuters) Posted: 19 Jul 2010 09:05 AM PDT Reuters - World and Olympic champion Victoria Pendleton became the latest British athlete to withdraw from this year's Commonwealth Games on Monday in favour of the European Championships, which carry Olympic qualifying points.

HDFC Bank eyes over 20 pct loan growth, Q1 meets f'cast (Reuters) Posted: 19 Jul 2010 07:01 AM PDT Reuters - HDFC Bank, India's No. 2 private sector lender, reported its strongest profit growth in more than a year, and highlighted more gains for the booming industry on robust loan demand.

Boeing says more India C-17 orders possible (Reuters) Posted: 19 Jul 2010 10:28 AM PDT Reuters - India could buy 10 to 12 more C-17 transport planes from Boeing Co beyond the 10 planes already planned, Christopher Chadwick, president of Boeing military aircraft told Reuters on Monday.

A $12 billion leasing spree lifts air show (Reuters) Posted: 19 Jul 2010 10:19 AM PDT Reuters - Aircraft leasing firms made a major comeback on Monday, as industry veteran Steve Udvar-Hazy dropped $4 billion on A320s and former arch-rivals at General Electric doubled his efforts.

Monsoon boosts cane area, weak in other parts (Reuters) Posted: 19 Jul 2010 08:06 AM PDT Reuters - Monsoon has remained weak after falling 24 percent below normal levels last week but the biggest cane-growing region has received heavy showers, the weather office said, boosting prospects of higher sugar output in the world's top consumer.

INTERVIEW - India not worried about hefty current account deficit (Reuters) Posted: 19 Jul 2010 06:27 AM PDT Reuters - India's $13 billion current account deficit is manageable and will be covered by capital inflows, Trade Secretary Rahul Khullar said on Monday, playing down concerns about the worst shortfall in nearly 3 decades.

Schaeffler to invest 300 mln eur in Asia by 2012 (Reuters) Posted: 19 Jul 2010 07:26 AM PDT Reuters - Heavily indebted bearings and clutch maker Schaeffler plans investments of around 300 million euros ($389 million) by the end of 2012 to build three new factories and expand capacity at its existing 11 plants in Asia.

Clinton offers aid, seeks stronger Pakistan ties (Reuters) Posted: 19 Jul 2010 04:52 AM PDT Reuters - U.S. Secretary of State Hillary Clinton announced more than $500 million in new aid projects for Pakistan on Monday, which Washington hopes will help win over a sceptical public in an ally vital to winning the war in neighbouring Afghanistan.

Early treatment key for HIV-positive patients - WHO (Reuters) Posted: 19 Jul 2010 04:44 AM PDT Reuters - The number of people receiving medicines for the AIDS virus leapt by a quarter last year but more patients need to be brought into treatment before they are too sick, the World Health Organisation said on Monday.

ICICI Bank CEO sees 20 pct credit growth in FY11 (Reuters) Posted: 19 Jul 2010 03:25 AM PDT Reuters - ICICI Bank, India's second-largest lender, expects its loans to expand by a fifth in the fiscal year ending March, its chief executive said on Monday, as corporate and retail borrowing rise in a growing economy.

ANALYSIS - Facebook could be social pariah in Asia (Reuters) Posted: 19 Jul 2010 02:23 AM PDT Reuters - As Facebook gears up for a major push in Asia, the social networking giant may learn that good friends are hard to find as it faces privacy concerns in Japan and Korea and heavy-handed censors in China.

Basmati planting to rise in flood-hit areas (Reuters) Posted: 19 Jul 2010 01:09 AM PDT Reuters - Punjab and Haryana will raise planting of basmati rice as floods have washed away the recently sown regular grades, farmers and trade officials said on Monday.

Overnight rain delays Sri Lanka v India second day (Reuters) Posted: 18 Jul 2010 10:19 PM PDT Reuters - Heavy overnight rain has delayed the start of the second day's play in the first test between Sri Lanka and India at Galle Stadium on Monday.

Gold traders snap up bargains to replenish stock (Reuters) Posted: 19 Jul 2010 01:17 AM PDT Reuters - Gold traders continued to pick bargains on Monday afternoon as prices fell further and as they sought to replenish stocks for festivals starting August, when demand goes up, dealers said.

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