Budget targets poor, bets on brisk growth (Reuters) Posted: 28 Feb 2011 05:22 AM PST Reuters - The government boosted spending on hundreds of millions of its poor in a budget gambling on brisk economic growth to cover the cost of appeasing voters angered by corruption scandals and stubbornly high inflation. |
Budget mum on fuel taxes, sparks price rise talk (Reuters) Posted: 28 Feb 2011 05:22 AM PST Reuters - The budget belied expectations of cuts in fuel taxes on Monday, denying any relief to burdened state-run oil firms but boosting chances of a planned ministerial meeting taking up the issue of raising prices soon. |
"King's Speech" and tradition triumph at Oscars (Reuters) Posted: 28 Feb 2011 03:52 AM PST Reuters - Hollywood found a new group of kings lording over movies on Monday, the makers of Oscar winner "The King's Speech," whose heartwarming tale triumphed over a flashy story of new technology in "The Social Network." |
With an eye on China, govt steps up defence spending (Reuters) Posted: 28 Feb 2011 03:52 AM PST Reuters - The government increased annual defence spending by about 11.6 percent on Monday, but will still spend less than half the official military expenditure of China, its biggest long-term security challenge. |
Oct-Dec GDP grows 8.2 pct y/y - govt (Reuters) Posted: 27 Feb 2011 09:59 PM PST Reuters - India's economy grew a slower-than-expected 8.2 percent in the December quarter from a year earlier, government data released on Monday showed. |
China, S.Korea, India ships to evacuate citizens (Reuters) Posted: 28 Feb 2011 03:52 AM PST Reuters - Naval ships from China and South Korea are sailing to Libya to evacuate their nationals, Egyptian maritime officials said on Monday after the vessels entered the Suez Canal. |
Zimbabwe sink outclassed Canadians for easy win (Reuters) Posted: 28 Feb 2011 04:37 AM PST Reuters - An assured 98 from Tatenda Taibu and a devastating opening spell from left-arm spinner Ray Price spurred Zimbabwe to a crushing 175-run victory over Canada in their World Cup Group A match on Monday. |
India's weakness exposed when not holding a bat (Reuters) Posted: 28 Feb 2011 03:09 AM PST Reuters - India snatched a thrilling tie against England on Sunday but their tag as World Cup favourites is starting to face increasing scrutiny as the humdinger exposed serious chinks in their armoury when they are not batting. |
Thailand to further probe killing of Reuters journalist (Reuters) Posted: 28 Feb 2011 06:41 AM PST Reuters - Thai investigators said on Monday they were still trying to establish who killed Reuters cameraman Hiro Muramoto last year after reversing preliminary findings that a soldier probably fired the fatal bullet. |
NZ buildings' quake safety questioned, burials start (Reuters) Posted: 27 Feb 2011 09:37 PM PST Reuters - New Zealand authorities said on Monday they were investigating reports that buildings damaged by a quake in Christchurch last year were allowed to remain in use, compromising their ability to withstand last week's tremor that killed at least 148 people. |
PM hopes for lower interest rates (Reuters) Posted: 28 Feb 2011 01:06 AM PST Reuters - Prime Minister Manmohan Singh on Monday said he hoped interest rates would moderate on lower government borrowing in the fiscal year that begins April 1. |
India raises service tax on air travel (Reuters) Posted: 28 Feb 2011 01:28 AM PST Reuters - The service tax on air travel has been raised by 50 rupees for domestic travel and 250 rupees for international travel by economy class, Finance Minister Pranab Mukherjee said while presenting the budget for 2011/12. |
FACTBOX - List of leading Oscar-winning films (Reuters) Posted: 27 Feb 2011 09:28 PM PST Reuters - Following is a list of the leading Oscar-winning films at the 83rd annual Academy Awards in Hollywood on Sunday, with the number of nominations in parentheses. |
Workers from poor states like India stuck in Libya, others flee (Reuters) Posted: 27 Feb 2011 05:38 PM PST Reuters - Omar Chand, 50, a driver from India, joined hundreds of his fellow expatriate workers to watch a British warship dock in Libya's Benghazi on Sunday. Like others from poor Asian nations with him, he did not board. |
HIGHLIGHTS - India's 2011/12 budget presented to parliament (Reuters) Posted: 27 Feb 2011 10:10 PM PST Reuters - Finance Minister Pranab Mukherjee on Monday presented to parliament India's federal budget for the coming financial year beginning in April. |
HIGHLIGHTS - 2011/12 budget presented to parliament (Reuters) Posted: 27 Feb 2011 10:01 PM PST Reuters - Finance Minister Pranab Mukherjee on Monday presented to parliament India's federal budget for the coming financial year beginning in April. |