No need to worry over high oil prices: Pranab (Reuters) Posted: 25 Feb 2011 04:59 AM PST Reuters - Indian markets need not worry about global oil price uncertainty, the finance minister said on Friday, signalling Monday's budget may ease taxes and rationalise subsidies to cushion the impact of surging global oil prices. |
Mamata Banerjee unveils populist railway budget, ducks reform (Reuters) Posted: 25 Feb 2011 03:40 AM PST Reuters - The railways minister unveiled a populist budget on Friday that froze both passenger and freight fares, disappointing hopes for major reform in a lagging sector key to the country's infrastructure growth. |
Oil min for quick decision on Cairn-Vedanta deal (Reuters) Posted: 25 Feb 2011 06:17 AM PST Reuters - India's oil ministry wants the cabinet to decide on a deal for Cairn Energy to sell control of its Indian assets to Vedanta Resources as quickly as possible, S. Jaipal Reddy told reporters on Friday. |
Bangalore police defend baton charge on World Cup fans (Reuters) Posted: 25 Feb 2011 04:46 AM PST Reuters - Bangalore's police commissioner on Friday defended the baton attacks on cricket fans angry that they could not buy World Cup tickets, explaining his action was part of life in India. |
Hidden Kafka papers revealed to Israeli court (Reuters) Posted: 25 Feb 2011 06:31 AM PST Reuters - Writings by Franz Kafka and his friend Max Brod which have been hidden away for decades have been brought to light at an Israeli court and could reveal more on the life of one of the 20th century's greatest authors. |
Sehwag felled by ball in nets, skips training (Reuters) Posted: 25 Feb 2011 01:19 AM PST Reuters - Virender Sehwag, India's in-form batsman, suffered an injury scare in a practice session on Friday when he was struck on the left side of his ribs in the nets two days ahead of a World Cup showdown with England. |
HIGHLIGHTS - Mamata Banerjee unveils 2011/12 railway budget (Reuters) Posted: 25 Feb 2011 02:34 AM PST Reuters - Indian Railways Minister Mamata Banerjee presented her third annual budget for state-run Indian Railways in parliament on Friday, freezing passenger fares and freight rates for the coming financial year. |
Govt warns of FDI slowdown in pre-budget report (Reuters) Posted: 25 Feb 2011 04:07 AM PST Reuters - A sharp slowdown in India's foreign direct investments and any moderation in exports could further strain the balance of payments, the government's chief economic adviser warned on Friday. |
Economy seen growing at 9 pct in FY12 - survey (Reuters) Posted: 24 Feb 2011 11:14 PM PST Reuters - Economy is expected to grow around 9 percent in the next fiscal year that starts on April 1, a finance ministry report said on Friday. |
Google to launch YouTube movie service in UK - NY Post (Reuters) Posted: 25 Feb 2011 03:00 AM PST Reuters - Google's YouTube plans to launch an unlimited subscription service for movies, similar to Netflix and Amazon's offering, the New York Post said. |
Rail budget rams wagon makers' shares to year low (Reuters) Posted: 25 Feb 2011 03:53 AM PST Reuters - India's railways minister proposed to set up two wagon units with private partners and lowered the annual target for wagon orders, dampening prospects of private sector wagon makers and mauling their shares. |
Railways minister says no passenger fare increase in 2011/12 (Reuters) Posted: 25 Feb 2011 01:19 AM PST Reuters - Railways Minister Mamata Banerjee said there would be no increase in passenger fares in the coming financial year, in her third annual budget for state-run rRailways to parliament on Friday. |
India green credit trade seen ramping up from 2012 (Reuters) Posted: 25 Feb 2011 03:40 AM PST Reuters - India's largest power exchange is hoping to ramp up volumes in the trade of renewable energy credits from April 2012, its chief said, seeking to tap a market estimated to be worth $8 billion by 2017. |
UN Security Council to meet, Libya hands out cash (Reuters) Posted: 25 Feb 2011 12:53 AM PST Reuters - The U.N. Security Council was to meet on Friday to discuss a draft proposal for sanctions against Libyan leaders, locked in a bloody battle for survival against a popular uprising. |
N.Zealand quake toll rises as hope fades for survivors (Reuters) Posted: 24 Feb 2011 09:35 PM PST Reuters - International rescue teams searched through the rubble of quake-ravaged Christchurch on Friday for more than 200 people still missing, but rain and cold were dimming hopes of finding more survivors in the country's worst natural disaster in decades. |
De Villiers ton powers South Africa to easy win (Reuters) Posted: 24 Feb 2011 09:22 PM PST Reuters - A B de Villiers' unbeaten 107 powered South Africa to a seven-wicket victory over West Indies in a World Cup Group B match on Thursday. |
CBS axes "Two and a Half Men" after Sheen insults (Reuters) Posted: 24 Feb 2011 09:09 PM PST Reuters - Television network CBS on Thursday canceled production of its top-rated comedy "Two and A Half Men" for the rest of the season after star Charlie Sheen unleashed an expletive-filled attack on the show's producer. |