Force India to launch young driver academy (Reuters) Posted: 25 Jun 2010 09:20 AM PDT Reuters - Force India will set up a young driver academy to bring 'an Indian Lewis Hamilton' from karting to Formula One, team owner Vijay Mallya said on Friday. |
Govt raises monsoon f'cast; may ease food prices (Reuters) Posted: 25 Jun 2010 03:30 PM PDT Reuters - India's annual monsoon rains, key to farm output and economic growth, are expected to be better than previously forecast, raising prospects of good harvests and possibly helping cool double-digit food inflation. |
Fuel price rises stoke fears of inflation (Reuters) Posted: 25 Jun 2010 08:06 AM PDT Reuters - The government freed up state-subsidised petrol prices and raised the prices of other fuels as pressure to trim a budget deficit outweighed concerns about the political impact. |
Michael Jackson fans turn out in global tribute (Reuters) Posted: 25 Jun 2010 04:17 PM PDT Reuters - Michael Jackson fans worldwide paid tribute to the King of Pop on Friday, marking the one-year anniversary of his sudden death with candlelight vigils, music and dancing from Asia to the United States. |
Pakistan, Indian ministers discuss militancy (Reuters) Posted: 25 Jun 2010 10:45 AM PDT Reuters - The interior ministers of Pakistan and India agreed to hold further discussion on security issues after their meeting on Friday, which the Pakistani minister described as a "good beginning". |
Groups over, Spain and Portugal in last 16 (Reuters) Posted: 25 Jun 2010 03:30 PM PDT Reuters - Iberian neighbours Spain and Portugal avoided the humiliating fate of fellow European soccer powers Italy and France to reach the last 16 in Friday's final games of the World Cup group stage. |
Japan to start nuclear power talks with India (Reuters) Posted: 25 Jun 2010 05:12 AM PDT Reuters - Japan will start talks with India over a civil nuclear energy deal, Foreign Minister Katsuya Okada said on Friday, a move that would give Japanese firms access to the rapidly growing market amid rising global competition. |
Exhausted Isner beaten in just 74 minutes (Reuters) Posted: 25 Jun 2010 06:57 AM PDT Reuters - Exhausted American John Isner, whose epic first-round match broke all tennis records at 11 hours and five minutes, was beaten in just 74 minutes by Dutchman Thiemo De Bakker at Wimbledon on Friday. |
Fuel price rises add rate hike pressure (Reuters) Posted: 25 Jun 2010 06:57 AM PDT Reuters - India's move on Friday to raise fuel prices more than expected adds to bond market expectations that the central bank will raise interest rates by 50 basis points, not 25, when it reviews monetary policy next month. |
Ambani brothers sign revised gas pact (Reuters) Posted: 25 Jun 2010 05:12 AM PDT Reuters - Anil Ambani's Reliance Natural Resources signed a revised gas supply agreement with energy major Reliance Industries controlled by his brother Mukesh, resolving a dispute that had been at the heart of a feud between the two billionaires. |
SCENARIOS - What will govt do with fuel prices? (Reuters) Posted: 25 Jun 2010 12:20 AM PDT Reuters - The government decides on Friday whether to raise state-subsidised fuel prices, with high global prices and pressure to trim a budget deficit expected to outweigh concerns about the politically sensitive reforms. |
EXCLUSIVE - The warrior-scholar versus the Taliban (Reuters) Posted: 24 Jun 2010 11:52 PM PDT Reuters - To read this special report in PDF format, click here: |
Brazil meet Portugal after Italy's shame (Reuters) Posted: 25 Jun 2010 05:01 AM PDT Reuters - Ousted champions Italy were torn by national grief on Friday after their stunning World Cup humiliation and fans in South Africa looked to an enticing Portugal v Brazil clash as an antidote to European woes. |
Monsoon rains to be normal - junior farm min (Reuters) Posted: 25 Jun 2010 01:11 AM PDT Reuters - India's June-September monsoon rainfall is likely to be 102 percent of long-term average, despite a week-long slow progress, Junior Farm Minister K.V. Thomas told reporters on Friday. |
Govt frees up petrol prices, hikes other fuels (Reuters) Posted: 25 Jun 2010 02:58 AM PDT Reuters - The government on Friday freed up state-subsidised petrol prices and hiked other fuels as high global oil prices and pressure to trim the budget deficit outweighed concerns about the political impact of the measures. |
Luxury resort opens at Disney World -- for pets (Reuters) Posted: 24 Jun 2010 10:09 PM PDT Reuters - A new luxury resort opening at Walt Disney World Resort in Florida boasts air-conditioned suites with televisions and a water park, but this resort is a bit different -- it's for dogs and cats. |