Yahoo! News: India Top Stories - Reuters

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• ANALYSIS - India could benefit from U.S.-Pakistan strains (Reuters)
• Obama decides not to release Osama bin Laden photos (Reuters)
• Manchester United thrash Schalke to set up Barca showdown (Reuters)
• Inflation fight may keep GDP growth around 8.5 pct - Pranab (Reuters)
• Rajaratnam jury restarts, asks for more phone taps (Reuters)
• Pakistan cites worldwide failure over bin Laden (Reuters)
• INTERVIEW - IMD sees on schedule monsoon retreat (Reuters)
• India eyes looming Afghan end-game after Osama death (Reuters)
• High Court to resume telecoms case bail hearing on Friday - lawyers (Reuters)
• Sony blames 'Anonymous' for stage-setting theft (Reuters)
• INTERVIEW - India 9 pct FY12 growth goal seen 'tough' (Reuters)
• Nadal thumps Baghdatis, Djokovic stays unbeaten (Reuters)
• White House won't show bin Laden photo:US official (Reuters)
• BSE Sensex down for 8th day; bold RBI moves seen (Reuters)
• Inflation worries to prompt aggressive rate hikes - Poll (Reuters)
• U.S. says Osama bin Laden unarmed when shot dead (Reuters)
• World's millionaire ranks seen soaring through 2020 (Reuters)
• Asian fin mins say inflation, capital flows key risks (Reuters)
• Hero Honda Q4 net profit down 16.5 pct (Reuters)

ANALYSIS - India could benefit from U.S.-Pakistan strains (Reuters) Posted: 04 May 2011 04:31 PM PDT Reuters - The U.S. military assault that killed Osama bin Laden at his hideaway in Pakistan will inevitably alter Washington's approach to Islamabad -- and India may stand to gain.

Obama decides not to release Osama bin Laden photos (Reuters) Posted: 04 May 2011 04:44 PM PDT Reuters - President Barack Obama decided on Wednesday not to release photographs of slain al Qaeda leader Osama bin Laden's body, saying they could incite violence and be used by militants as a propaganda tool.

Manchester United thrash Schalke to set up Barca showdown (Reuters) Posted: 04 May 2011 03:29 PM PDT Reuters - Manchester United will face Barcelona in the Champions League final later this month after a weakened side thrashed Schalke 04 4-1 at Old Trafford for an emphatic 6-1 aggregate victory on Wednesday.

Inflation fight may keep GDP growth around 8.5 pct - Pranab (Reuters) Posted: 04 May 2011 06:53 AM PDT Reuters - The fight against inflation could knock about half a percentage point off economic growth in India this fiscal year, Finance Minister Pranab Mukherjee said on Wednesday, a day after the Reserve Bank of India (RBI) raised rates.

Rajaratnam jury restarts, asks for more phone taps (Reuters) Posted: 04 May 2011 03:28 PM PDT Reuters - The jury in Raj Rajaratnam's insider trading trial started to consider the case anew after one panelist was excused for medical reasons and replaced, while the ailing hedge fund founder was absent from court.

Pakistan cites worldwide failure over bin Laden (Reuters) Posted: 04 May 2011 09:09 AM PDT Reuters - Pakistan blamed worldwide intelligence lapses for a failure to detect Osama bin Laden living near its capital, while Washington worked to establish whether its ally had sheltered the al Qaeda leader.

INTERVIEW - IMD sees on schedule monsoon retreat (Reuters) Posted: 04 May 2011 06:12 AM PDT Reuters - The June-September monsoon rains are expected to withdraw on schedule, the chief of the weather office said on Wednesday, unlike last year when late end-season rains hit sugar output in the world's biggest consumer.

India eyes looming Afghan end-game after Osama death (Reuters) Posted: 04 May 2011 02:48 AM PDT Reuters - India may nervously wonder if Osama bin Laden's death will hasten a triumphalist U.S. withdrawal from Afghanistan and leave New Delhi exposed to an unfriendly, Pakistan-dominated neighbourhood and unfettered militancy in its backyard.

High Court to resume telecoms case bail hearing on Friday - lawyers (Reuters) Posted: 04 May 2011 04:50 AM PDT Reuters - The Delhi High Court will resume hearing on Friday the bail applications of five business executives charged in the country's largest corruption scandal, two defence lawyers said on Wednesday.

Sony blames 'Anonymous' for stage-setting theft (Reuters) Posted: 04 May 2011 09:24 AM PDT Reuters - Sony Corp blamed the well-known Internet vigilante group Anonymous for indirectly allowing a hacker to gain access to personal data of of more than 100 million video game users.

INTERVIEW - India 9 pct FY12 growth goal seen 'tough' (Reuters) Posted: 04 May 2011 07:08 AM PDT Reuters - India's economy will struggle to grow at 9 percent of gross domestic product in the current fiscal year if crude prices remain high, the finance ministry's chief economic adviser Kaushik Basu said on Wednesday.

Nadal thumps Baghdatis, Djokovic stays unbeaten (Reuters) Posted: 04 May 2011 11:31 AM PDT Reuters - World number one Rafa Nadal began his quest for a third clay title in less than a month with a 6-1 6-3 drubbing of unseeded Cypriot Marcos Baghdatis in the Madrid Open second round on Wednesday.

White House won't show bin Laden photo:US official (Reuters) Posted: 04 May 2011 11:46 AM PDT Reuters - The White House has decided not to release photos of dead al Qaeda leader Osama bin Laden, officials said on Wednesday as a U.S. senator told reporters she had seen one of the pictures.

BSE Sensex down for 8th day; bold RBI moves seen (Reuters) Posted: 04 May 2011 05:17 AM PDT Reuters - The BSE Sensex slid for the eighth straight session, its longest losing spell in at least two-and-a-half years, closing 0.4 percent lower on Wednesday as investors braced themselves for more aggressive actions by the Reserve Bank of India (RBI) after a hefty interest rate increase.

Inflation worries to prompt aggressive rate hikes - Poll (Reuters) Posted: 04 May 2011 05:58 AM PDT Reuters - High fuel and commodity prices will keep India's troublesome inflation levels elevated, while the Reserve Bank of India (RBI) will raise interest rates more aggressively than economists expected just three months ago, a Reuters poll showed.

U.S. says Osama bin Laden unarmed when shot dead (Reuters) Posted: 04 May 2011 06:12 AM PDT Reuters - Osama bin Laden was unarmed when U.S. special forces shot and killed him, the White House said, as it tried to establish whether its ally Pakistan had helped the al Qaeda leader elude a worldwide manhunt.

World's millionaire ranks seen soaring through 2020 (Reuters) Posted: 03 May 2011 09:46 PM PDT Reuters - The rich keep getting richer, both here in the United States and especially in the world's emerging markets.

Asian fin mins say inflation, capital flows key risks (Reuters) Posted: 04 May 2011 03:43 AM PDT Reuters - Rising inflation, led by firmer commodities and food prices, and large capital inflows are among the key risks facing many of Asia's economies, finance chiefs from thirteen of the region's economies including China and Japan said on Wednesday.

Hero Honda Q4 net profit down 16.5 pct (Reuters) Posted: 04 May 2011 03:16 AM PDT Reuters - India's largest motorcycle maker Hero Honda posted a 16.5 percent fall in quarterly profit, its fourth consecutive quarterly fall, due to higher advertising spend during the cricket World Cup and rising input costs.

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