Yahoo! News: India Top Stories - Reuters

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• No early Pakistan action seen on Lashkar-e-Taiba (Reuters)
• IAF chief says India to have fifth-generation jets in 2018 (Reuters)
• India, Pakistan in focus at South Asia summit (Reuters)
• MIT's Duflo, poverty specialist, wins economics prize (Reuters)
• EXCLUSIVE - Abacus might have had other benefits for Goldman (Reuters)
• Greece presses 'help' button, markets still wary (Reuters)
• Heard the one about Goldman Sachs and the volcano? (Reuters)
• Kashmir protests death penalty in Delhi bombing (Reuters)
• IMD sees normal monsoon rains; analysts cautious (Reuters)
• Bombs kill 64 in Iraq after al Qaeda deaths (Reuters)
• FACTBOX - How parties in India stand on special vote on govt (Reuters)
• Enron on Broadway: tale of risk is itself risky (Reuters)
• Reliance Q4 net misses forecast as refining drags (Reuters)
• U.S. lawsuit against pope not legitimate - Vatican (Reuters)
• Indonesian police barred from penis enlargement (Reuters)
• Thai 'red shirts' offer compromise to end impasse (Reuters)
• Govt now sees $11 bln revenue from spectrum auctions - minister (Reuters)
• ANALYSIS - "Cricketgate" scandal hurts Congress party (Reuters)
• Govt to infuse $3.4 bln into state-run banks (Reuters)
• Q+A - Impact of monsoon rains on farms, economy (Reuters)

No early Pakistan action seen on Lashkar-e-Taiba (Reuters) Posted: 23 Apr 2010 08:37 AM PDT Reuters - Pakistan is unlikely to take on Lashkar-e-Taiba any time soon, since this could drive it into a dangerous alliance with the Pakistani Taliban and other al-Qaeda linked groups, security officials say.

IAF chief says India to have fifth-generation jets in 2018 (Reuters) Posted: 23 Apr 2010 06:47 AM PDT Reuters - India will introduce an advanced fighter jet it is building with Russia in 2018, a move that will bring sophistication to its air power but could also spark unease among neighbours China and Pakistan.

India, Pakistan in focus at South Asia summit (Reuters) Posted: 23 Apr 2010 02:50 AM PDT Reuters - Leaders of India and Pakistan are likely to meet in Bhutan's capital next week as their nuclear-armed rivalry overshadows a summit of South Asian nations to discuss trade and environment.

MIT's Duflo, poverty specialist, wins economics prize (Reuters) Posted: 23 Apr 2010 01:49 PM PDT Reuters - A Massachusetts Institute of Technology professor from France who finds unorthodox ways to help the world's poor won the John Bates Clark medal on Friday, the so-called Baby Nobel given to the most promising economist in the United States under age 40.

EXCLUSIVE - Abacus might have had other benefits for Goldman (Reuters) Posted: 23 Apr 2010 02:26 PM PDT Reuters - Goldman Sachs Group may have used a subprime mortgage-linked security that is the focus of a U.S. civil fraud lawsuit against the bank to unload other complex bonds it created, according to a deal document obtained by Reuters.

Greece presses 'help' button, markets still wary (Reuters) Posted: 23 Apr 2010 12:58 PM PDT Reuters - Debt-stricken Greece appealed to its European partners and the IMF for emergency loans on Friday, yielding to overwhelming market pressure to start the first financial rescue of a member of the euro zone.

Heard the one about Goldman Sachs and the volcano? (Reuters) Posted: 23 Apr 2010 10:23 AM PDT Reuters - Did you hear that Goldman Sachs made the Iceland volcano erupt? It did pretty well shorting airlines.

Kashmir protests death penalty in Delhi bombing (Reuters) Posted: 23 Apr 2010 08:57 AM PDT Reuters - Police fired teargas shells in Kashmir on Friday to quell violent protests during a strike called against death sentences for three separatists for their role in the 1996 bombing in New Delhi.

IMD sees normal monsoon rains; analysts cautious (Reuters) Posted: 23 Apr 2010 07:36 AM PDT Reuters - Summer monsoon in India is likely to be normal this year, the government said on Friday, allaying fears over an event crucial to the economic fate of the world's second-most populous nation.

Bombs kill 64 in Iraq after al Qaeda deaths (Reuters) Posted: 23 Apr 2010 07:36 AM PDT Reuters - A series of bombs targeting Shi'ite areas rocked Baghdad on Friday, killing at least 56 people in an apparent backlash after Iraq touted a series of blows against a weakened al Qaeda-led insurgency.

FACTBOX - How parties in India stand on special vote on govt (Reuters) Posted: 23 Apr 2010 03:46 AM PDT Reuters - Opposition parties have demanded a special vote against the Congress-led coalition government over a rise in fuel prices as a tax probe into a cricket league has further shaken the Congress Party coalition. The demand has not yet been accepted by parliament. But any vote would take place by April 29, when the budget is to be put to members.

Enron on Broadway: tale of risk is itself risky (Reuters) Posted: 23 Apr 2010 10:23 AM PDT Reuters - A play opening on Broadway next week examines fraud and deception on Wall Street, exotic trading instruments that led to financial ruin, and the consequences of extreme risk combined with insatiable greed.

Reliance Q4 net misses forecast as refining drags (Reuters) Posted: 23 Apr 2010 10:23 AM PDT Reuters - Energy major Reliance Industries posted a 30 percent rise in quarterly profit, missing forecasts, and said it is on the lookout for more shale gas joint ventures as it builds up its overseas operations.

U.S. lawsuit against pope not legitimate - Vatican (Reuters) Posted: 23 Apr 2010 05:21 AM PDT Reuters - The Vatican on Friday dismissed as illegitimate a lawsuit filed in the United States against Pope Benedict and his top aides over a case of sexual abuse at a school for deaf boys in Wisconsin.

Indonesian police barred from penis enlargement (Reuters) Posted: 23 Apr 2010 06:58 AM PDT Reuters - Forget about getting a job as a police officer in Indonesia's Papua if you have had your penis enlarged. You won't get it, according to local media reports citing the Papua police chief.

Thai 'red shirts' offer compromise to end impasse (Reuters) Posted: 23 Apr 2010 07:56 AM PDT Reuters - Protesters and the Thai government stepped back from the brink of all-out armed conflict on Friday as both sides offered hints of compromise a day after deadly grenade attacks hit Bangkok's business district.

Govt now sees $11 bln revenue from spectrum auctions - minister (Reuters) Posted: 23 Apr 2010 02:50 AM PDT Reuters - The government now expects its third-generation (3G) and broadband spectrum auctions to raise 500 billion rupees ($11.2 billion), much higher than the government's budget estimates of 350 billion rupees, telecommunications minister Andimuthu Raja said on Friday.

ANALYSIS - "Cricketgate" scandal hurts Congress party (Reuters) Posted: 23 Apr 2010 03:10 AM PDT Reuters - A probe into the popular multi-billion dollar cricket league has ensnared senior politicians and billionaire businessmen in a growing scandal that is hurting an already weakened Congress-led government.

Govt to infuse $3.4 bln into state-run banks (Reuters) Posted: 23 Apr 2010 01:01 AM PDT Reuters - The cabinet approved infusion of 150 billion rupees ($3.4 bln) in state-run banks during the fiscal year ending March, 2011, to help meet growing credit requirements of the economy, a government statement said.

Q+A - Impact of monsoon rains on farms, economy (Reuters) Posted: 23 Apr 2010 04:24 AM PDT Reuters - India's weather office has forecast that monsoon rains, a key factor in the country's farm output, economic growth and inflation, would be 98 percent of the long-term average this year.

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