Yahoo! News: India Top Stories - Reuters

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• India spurns U.S. for fighter jet order (Reuters)
• U.S. eyes India arms deals beyond fighter setback (Reuters)
• Tiwary and Abdulla earn Kolkata victory over Delhi (Reuters)
• Green panel recommends deferment of nuclear plant plans in Tamil Nadu (Reuters)
• FACTBOX - Eurofighter, Rafale in India fighter race (Reuters)
• Pakistan and India want to boost commercial ties (Reuters)
• Fervour builds ahead of British royal wedding (Reuters)
• Govt approves $1 bln World Bank loan to clean Ganga river (Reuters)
• Food inflation at 8.76 pct y/y on April 16 - govt (Reuters)
• Thomson Reuters Q1 revenue up, plans asset sales (Reuters)
• TAPI gas sale deal likely by end-July - statement (Reuters)
• ICICI Bank Q4 net lags f'cast, sees 20 pct loan growth (Reuters)
• China's population grows older and more urban (Reuters)
• Anti-graft "Jan Lokpal" bill won't end corruption - experts (Reuters)
• William and Kate "deeply touched" by well-wishers (Reuters)
• Messi magic gives Barca upper hand over Real (Reuters)
• Ministers panel on Cairn, Vedanta deal meet May 2-source (Reuters)
• Obama to shake up security team, Panetta to Pentagon (Reuters)
• Savings rate decontrol to aid policy transmission; hurt profit (Reuters)
• Taliban attack Pakistan navy bus, third this week (Reuters)

India spurns U.S. for fighter jet order (Reuters) Posted: 28 Apr 2011 05:18 PM PDT Reuters - India rejected U.S. bids for an $11 billion fighter plane contract, short-listing two European suppliers on Thursday in a move that could delay closer strategic ties with the United States.

U.S. eyes India arms deals beyond fighter setback (Reuters) Posted: 28 Apr 2011 05:18 PM PDT Reuters - India's choice of European warplanes in an $11 billion competition to update its combat fleet was a setback for U.S. aerospace companies, but it is not game over for the Americans.

Tiwary and Abdulla earn Kolkata victory over Delhi (Reuters) Posted: 28 Apr 2011 12:09 PM PDT Reuters - Manoj Tiwary's unbeaten half-century and three wickets from Iqbal Abdulla helped Kolkata Knight Riders to a 17-run win over Delhi Daredevils in the Indian Premier League (IPL) on Thursday.

Green panel recommends deferment of nuclear plant plans in Tamil Nadu (Reuters) Posted: 28 Apr 2011 07:13 AM PDT Reuters - A panel backed by the environment ministry has suggested holding off green approvals for four proposed reactors at the Kudamkulam nuclear power plant in Tamil Nadu on concerns over coastal degradation and safety that intensified after last month's nuclear disaster in Japan.

FACTBOX - Eurofighter, Rafale in India fighter race (Reuters) Posted: 28 Apr 2011 05:13 AM PDT Reuters - India has shortlisted European defence firms Dassault and Eurofighter for an $11 billion fighter jet contract, rejecting U.S. and Russian firms in a move that indicates an effort by Asia's third largest economy to broaden its strategic ties.

Pakistan and India want to boost commercial ties (Reuters) Posted: 28 Apr 2011 10:31 AM PDT Reuters - Nuclear rivals Pakistan and India agreed on Thursday to examine ways of boosting trade as part of efforts to revive a peace process derailed by the 2008 Mumbai attack.

Fervour builds ahead of British royal wedding (Reuters) Posted: 28 Apr 2011 11:14 AM PDT Reuters - Crowds camped out in London and dignitaries flew in for Friday's wedding of Prince William and Kate Middleton, an event full of pageantry that has drawn Britain and its monarchy into the international spotlight.

Govt approves $1 bln World Bank loan to clean Ganga river (Reuters) Posted: 28 Apr 2011 01:45 AM PDT Reuters - The cabinet approved a $1 billion loan from the World Bank on Thursday, a government statement said, to fund an eight-year project to clean the River Ganges, larges stretches of which are heavily polluted by industrial and domestic waste.

Food inflation at 8.76 pct y/y on April 16 - govt (Reuters) Posted: 28 Apr 2011 12:18 AM PDT Reuters - India's food price index rose 8.76 percent and the fuel price index climbed 13.53 percent in the year to April 16, government data on Thursday showed.

Thomson Reuters Q1 revenue up, plans asset sales (Reuters) Posted: 28 Apr 2011 10:05 AM PDT Reuters - News and information provider Thomson Reuters Corp's revenue growth ticked up in the first quarter as it benefited from heavy spending on new products, and the company said it plans to sell two more businesses to fund further investment.

TAPI gas sale deal likely by end-July - statement (Reuters) Posted: 28 Apr 2011 08:06 AM PDT Reuters - The governments of Turkmenistan, Afghanistan, Pakistan and India are aiming to sign by July 31 a United States-backed deal to purchase gas worth billions of dollars from Turkmen reserves, a statement said on Thursday.

ICICI Bank Q4 net lags f'cast, sees 20 pct loan growth (Reuters) Posted: 28 Apr 2011 06:06 AM PDT Reuters - ICICI Bank reported its strongest quarterly profit growth in at least seven years and signalled further improvement in asset quality.

China's population grows older and more urban (Reuters) Posted: 28 Apr 2011 06:06 AM PDT Reuters - Half of China's 1.34 billion population live in cities and towns, according to a census on Thursday that pointed to the daunting tasks ahead for policymakers as the labour market shrinks and the nation grows older.

Anti-graft "Jan Lokpal" bill won't end corruption - experts (Reuters) Posted: 28 Apr 2011 05:13 AM PDT Reuters - A proposed anti-graft "Jan Lokpal" bill, which won the support of thousands of Indians after veteran activist Anna Hazare went on hunger strike demanding its enactment, will not end pervasive corruption in the country, experts said.

William and Kate "deeply touched" by well-wishers (Reuters) Posted: 28 Apr 2011 02:24 AM PDT Reuters - Prince William and his bride-to-be Kate Middleton said they were deeply touched by the outpouring of affection sparked by their wedding which will take place on Friday amid pomp and pageantry in Westminster Abbey.

Messi magic gives Barca upper hand over Real (Reuters) Posted: 27 Apr 2011 09:40 PM PDT Reuters - Lionel Messi's sublime double lifted Barcelona to a 2-0 win over bitter rivals Real Madrid and lit up an acrimonious Champions League semi-final first leg in which the hosts finished with 10 men and had coach Jose Mourinho sent off.

Ministers panel on Cairn, Vedanta deal meet May 2-source (Reuters) Posted: 28 Apr 2011 03:42 AM PDT Reuters - A ministerial panel to consider approval for a deal between Cairn and Vedanta Resources will meet on May 2, an oil ministry source said on Thursday.

Obama to shake up security team, Panetta to Pentagon (Reuters) Posted: 27 Apr 2011 08:03 PM PDT Reuters - President Barack Obama will on Thursday name CIA Director Leon Panetta to become U.S. defense secretary and nominate General David Petraeus, who is running the war in Afghanistan, to take over the spy agency.

Savings rate decontrol to aid policy transmission; hurt profit (Reuters) Posted: 28 Apr 2011 12:42 AM PDT Reuters - The Reserve Bank of India (RBI) on Thursday said in a discussion paper deregulation of savings bank deposit rate will improve transmission of monetary policy, but warned it could lead to unhealthy competition among banks and hurt their profitability.

Taliban attack Pakistan navy bus, third this week (Reuters) Posted: 28 Apr 2011 02:49 AM PDT Reuters - Taliban militants detonated a roadside bomb in the Pakistani city of Karachi on Thursday, killing four members of the navy, the third attack on the navy in less than a week.

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