Yahoo! News: India Top Stories - Reuters

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• U.S. downgrade may not hit Indian IT in near term - NASSCOM (Reuters)
• Anti-corruption protests shut parliament again (Reuters)
• India may cut petrol prices if crude falls further - min (Reuters)
• India tries to calm investors; says ready to take steps (Reuters)
• British riots spread on third night of violence (Reuters)
• Rape, mutilation: Pakistan's tribal justice for women (Reuters)
• Iran gets 1 bln euros of India oil cash (Reuters)
• Dhoni tipped to rediscover form for remaining tests (Reuters)
• Shipping body says Mumbai coast oil spill slowing (Reuters)
• In dark Kashmir valley, a ray of light from India's economic surge (Reuters)
• Oracle, other companies 'punkd' in hacking contest (Reuters)
• UK police arrest 100 after riots in British capital (Reuters)
• BSE Sensex drops 1.8 pct on global economic uncertainty (Reuters)
• India better placed to weather world econ storm - Pranab (Reuters)
• U.S. downgrade not a cause of alarm: Basu (Reuters)
• Iran says has not reduced oil exports to India for August (Reuters)
• Living alone after heart attack tied to death risk (Reuters)
• Taylor Swift, Selena Gomez win big at Teen Choice (Reuters)
• More violence in London after riots (Reuters)

U.S. downgrade may not hit Indian IT in near term - NASSCOM (Reuters) Posted: 08 Aug 2011 08:27 AM PDT Reuters - India's software services sector, which gets more than half of its revenue from the United States, is unlikely to be affected in the near-term after the U.S. sovereign debt rating downgrade by Standard & Poor's, a leading IT industry lobby group said.

Anti-corruption protests shut parliament again (Reuters) Posted: 08 Aug 2011 03:09 AM PDT Reuters - Opposition lawmakers shut down the parliament on Monday after demanding that Delhi's chief minister quit over graft allegations, the third enforced closure since it reopened last week.

India may cut petrol prices if crude falls further - min (Reuters) Posted: 08 Aug 2011 09:29 AM PDT Reuters - India, the world's fourth largest oil consumer, may cut local petrol prices if global crude oil eases further, Oil Minister S. Jaipal Reddy said on Monday.

India tries to calm investors; says ready to take steps (Reuters) Posted: 08 Aug 2011 08:52 AM PDT Reuters - Indian policymakers on Monday rushed to calm jittery investors, pledging to take necessary steps to weather a new bout of global economic uncertainty stoked by U.S and euro zone sovereign debt worries, helping shares pare their losses.

British riots spread on third night of violence (Reuters) Posted: 08 Aug 2011 05:21 PM PDT Reuters - Rioting and looting spread across London on Monday as hooded youths set buildings and cars ablaze, smashed shop windows and hurled bottles and stones at police in a third night of violence in Britain's worst unrest in decades.

Rape, mutilation: Pakistan's tribal justice for women (Reuters) Posted: 08 Aug 2011 04:44 PM PDT Reuters - On April 14, two men entered Asma Firdous' home, cut off six of her fingers, slashed her arms and lips and then sliced off her nose. Before leaving the house, the men locked their 28-year-old victim inside.

Iran gets 1 bln euros of India oil cash (Reuters) Posted: 08 Aug 2011 09:03 AM PDT Reuters - Iran has received 1 billion euros ($1.4 billion) from India in the last 10 days for long overdue oil debts, indicating the likely end of a sanctions-related problem that had blocked payments all year, an Iranian official said on Monday.

Dhoni tipped to rediscover form for remaining tests (Reuters) Posted: 08 Aug 2011 04:44 AM PDT Reuters - India captain Mahendra Singh Dhoni may be showing the first signs of buckling under pressure but the wicketkeeper-batsman remains the best man for the job, according to former players.

Shipping body says Mumbai coast oil spill slowing (Reuters) Posted: 08 Aug 2011 08:13 AM PDT Reuters - The oil spill from cargo ship RAK Carrier, which sank Thursday afternoon near the coast of Mumbai, has slowed to 1 tonne per hour, Director General of Shipping said on Monday.

In dark Kashmir valley, a ray of light from India's economic surge (Reuters) Posted: 08 Aug 2011 02:43 AM PDT Reuters - In a cheerful hall humming with voices, rows of young men and women handle calls from irate cellphone subscribers in eastern India in perfect Hindi.

Oracle, other companies 'punkd' in hacking contest (Reuters) Posted: 07 Aug 2011 09:41 PM PDT Reuters - A weekend contest at the world's largest hacking convention in Las Vegas showed one reason why big corporations seem to be such easy prey for cyber criminals: their workers are poorly trained in security.

UK police arrest 100 after riots in British capital (Reuters) Posted: 08 Aug 2011 03:56 AM PDT Reuters - British police arrested more than 100 people overnight in London after shops were looted and officers attacked in a second night of violence that followed some of the worst disorder seen in the capital for years.

BSE Sensex drops 1.8 pct on global economic uncertainty (Reuters) Posted: 08 Aug 2011 06:11 AM PDT Reuters - MUMBAI (Reuters) The BSE Sensex shed 1.8 percent on Monday, taking its losses to more than 7 percent over five straight sessions, after Standard & Poor's downgrade of the U.S. sovereign debt rating triggered a flight from risky assets in global stock markets.

India better placed to weather world econ storm - Pranab (Reuters) Posted: 08 Aug 2011 02:17 AM PDT Reuters - India is in a better position than other countries to manage the impact of an uncertain global economic situation following the developments in the United States and the euro zone, the finance minister said on Monday.

U.S. downgrade not a cause of alarm: Basu (Reuters) Posted: 08 Aug 2011 01:15 AM PDT Reuters - A rating downgrade of the United States, by Standard & Poor's, is not a cause of alarm, Chief Economic Adviser to the Finance Ministry Kaushik Basu said on Monday.

Iran says has not reduced oil exports to India for August (Reuters) Posted: 08 Aug 2011 04:57 AM PDT Reuters - Iran has not reduced its oil exports to India for the month of August, Deputy Oil Minister Ahmad Qalebani said at a news conference on Monday.

Living alone after heart attack tied to death risk (Reuters) Posted: 08 Aug 2011 12:51 AM PDT Reuters - Living alone after a heart attack is associated with a higher risk of death over the next four years, while a lack of support at home was also linked to a lower quality of life just one year after the attack, according to a study.

Taylor Swift, Selena Gomez win big at Teen Choice (Reuters) Posted: 07 Aug 2011 08:36 PM PDT Reuters - Country sensation Taylor Swift and actress/singer Selena Gomez caught major waves at the Teen Choice awards on Sunday, with Swift scooping up six surfboard trophies including one for Ultimate Teen Choice.

More violence in London after riots (Reuters) Posted: 07 Aug 2011 11:48 PM PDT Reuters - Groups of youths attacked shops and damaged a police car in north London on Sunday as police sent in reinforcements to prevent more rioting on the scale that laid waste to another area of the British capital 24 hours earlier.

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