Yahoo! News: India Top Stories - Reuters

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• PM says no talks with Pakistan until it acts (Reuters)
• Jaswant Singh calls for talks with Pakistan (Reuters)
• Erratic monsoon baffles forecasters (Reuters)
• SEBI says new ULIPs must seek regulatory nod (Reuters)
• Obama presses Iran, gains nuclear summit pledges (Reuters)
• Wal-Mart to make India a major sourcing hub - WSJ (Reuters)
• 3G bids up 31 pct from base on fourth day (Reuters)
• RBI seen tightening policy further (Reuters)
• Toyota halts Lexus SUV sales after safety warning (Reuters)
• Ahluwalia: food bill won't affect FY11 deficit target (Reuters)
• PM tells Obama that Iran sanctions will hit poor (Reuters)
• Twitter chases first revenue with ad service (Reuters)
• Pakistan offers global nuclear fuel services again (Reuters)
• Obama confident on Pakistan atomic program security (Reuters)
• Bolivia tells Jindal to stick to contract or go (Reuters)
• SPECIAL REPORT - Are U.S. regulators dropping the ball on biocrops? (Reuters)
• ANALYSIS - New iron ore pricing system seen boosting dry bulkers (Reuters)
• Infosys bets on tech spending, flags currency risk (Reuters)
• Obama says security summit made Americans safer (Reuters)
• Pakistani jets kill civilians - villagers (Reuters)

PM says no talks with Pakistan until it acts (Reuters) Posted: 13 Apr 2010 06:42 PM PDT Reuters - Prime Minister Manmohan Singh on Tuesday ruled out serious discussions with Pakistan until it took "credible steps" to bring the perpetrators of the 2008 Mumbai attacks to justice.

Jaswant Singh calls for talks with Pakistan (Reuters) Posted: 13 Apr 2010 10:22 AM PDT Reuters - Former Foreign Minister Jaswant Singh on Tuesday called on Pakistan and India to relaunch a tentative peace process suspended after a 2008 militant attack on India's commercial capital Mumbai.

Erratic monsoon baffles forecasters (Reuters) Posted: 13 Apr 2010 09:10 AM PDT Reuters - Predicting monsoon rains, vital for India's farm output and economic growth, remains a challenge for the country as its forecasting skills are inadequate, scientists and weather officials said on Tuesday.

SEBI says new ULIPs must seek regulatory nod (Reuters) Posted: 13 Apr 2010 07:05 AM PDT Reuters - The Securities and Exchange Board of India (SEBI) on Tuesday barred the launch of new unit linked insurance plans (ULIPs) by 14 life insurance firms until they seek permission from the capital markets regulator.

Obama presses Iran, gains nuclear summit pledges (Reuters) Posted: 13 Apr 2010 05:51 PM PDT Reuters - U.S. President Barack Obama pressed for bold, swift sanctions on Iran on Tuesday but acknowledged China has concerns about the economic impact and said negotiations are difficult.

Wal-Mart to make India a major sourcing hub - WSJ (Reuters) Posted: 13 Apr 2010 06:27 PM PDT Reuters - Wal-Mart Stores Inc is looking to make India a more important sourcing hub, the retailer's chief executive of its Asian operations said, according to the Wall Street Journal.

3G bids up 31 pct from base on fourth day (Reuters) Posted: 13 Apr 2010 08:24 AM PDT Reuters - One provisional winning bid for national cover in India's third-generation (3G) spectrum auction rose 31 percent from the base to touch 45.82 billion rupees ($1.03 billion) on the fourth day of the auction, government data showed on Tuesday.

RBI seen tightening policy further (Reuters) Posted: 13 Apr 2010 05:16 AM PDT Reuters - The Reserve Bank of India (RBI) is expected to further tighten its monetary policy, R. Gopalan, secretary for financial services in the finance ministry, said on Tuesday.

Toyota halts Lexus SUV sales after safety warning (Reuters) Posted: 13 Apr 2010 05:58 PM PDT Reuters - Toyota Motor Corp suspended sales of the 2010 Lexus GX 460 on Tuesday after influential nonprofit magazine Consumer Reports urged car shoppers not to buy the sport utility vehicle, calling it a "safety risk" that could roll over.

Ahluwalia: food bill won't affect FY11 deficit target (Reuters) Posted: 13 Apr 2010 05:58 AM PDT Reuters - The changes in the proposed food security bill will not lead to India breaching its 2010/11 fiscal deficit of 5.5 percent, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Tuesday.

PM tells Obama that Iran sanctions will hit poor (Reuters) Posted: 13 Apr 2010 05:05 PM PDT Reuters - Prime Minister Manhoman Singh said on Tuesday he told U.S. President Barack Obama that New Delhi opposed sanctions against Iran over its nuclear plans and such measures often only affected the poor.

Twitter chases first revenue with ad service (Reuters) Posted: 13 Apr 2010 04:28 PM PDT Reuters - Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.

Pakistan offers global nuclear fuel services again (Reuters) Posted: 13 Apr 2010 04:22 PM PDT Reuters - Pakistan, the country of the disgraced nuclear scientist who provided Iran, Libya and North Korea with uranium enrichment technology, is once again offering its atomic fuel services to the world.

Obama confident on Pakistan atomic program security (Reuters) Posted: 13 Apr 2010 04:36 PM PDT Reuters - U.S. President Barack Obama said on Tuesday he is confident of the security of Pakistan's nuclear programs.

Bolivia tells Jindal to stick to contract or go (Reuters) Posted: 13 Apr 2010 04:03 PM PDT Reuters - Bolivia warned India's steelmaker Jindal on Tuesday to stick to terms of a multibillion-dollar contract it signed to develop the El Mutun iron deposit or withdraw from the project.

SPECIAL REPORT - Are U.S. regulators dropping the ball on biocrops? (Reuters) Posted: 13 Apr 2010 04:15 PM PDT Reuters - To read this story in PDF format, click http://static.reuters.com/resources/media/editorial/20100413/BiocropRegulation.pdf

ANALYSIS - New iron ore pricing system seen boosting dry bulkers (Reuters) Posted: 13 Apr 2010 12:23 PM PDT Reuters - As the world's top iron-ore producers shift to a quarterly pricing model, analysts feel this could give a much-needed boost to dry bulk shippers, which earn a large chunk of their revenue ferrying the commodity.

Infosys bets on tech spending, flags currency risk (Reuters) Posted: 13 Apr 2010 10:22 AM PDT Reuters - Infosys Technologies' stronger-than-expected annual sales forecast suggests a gradual recovery for India's $60 billion information technology services sector, though a stronger rupee and higher pay could check profit growth.

Obama says security summit made Americans safer (Reuters) Posted: 13 Apr 2010 02:12 PM PDT Reuters - President Barack Obama on Tuesday said steps were taken at the nuclear security summit to make Americans and the rest of the world safer and more secure.

Pakistani jets kill civilians - villagers (Reuters) Posted: 13 Apr 2010 10:35 AM PDT Reuters - Several days after Pakistani fighter jets killed scores near the Afghan border, villages told Reuters on Tuesday that all casualties were civilians.

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