Yahoo! News: India Top Stories - Reuters

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• Draft bill eyes cheap grains for 810 mln people (Reuters)
• U.S. probe lays Gulf spill blame on BP, contractors (Reuters)
• Inflation mounts, augurs another rate rise (Reuters)
• Fear in Kabul after 20-hour Taliban siege (Reuters)
• U.S. slams slow, opaque Indian trade policy (Reuters)
• EU warned of credit crunch threat, French banks hit (Reuters)
• Pakistan's flood victims save what they can (Reuters)
• Cairn India shareholders approve conditions for Vedanta stake buy (Reuters)
• Suzuki to pick Gujarat for new $1.3 bln plant - Kyodo (Reuters)
• Three Pakistan intelligence officials killed (Reuters)
• Moody's cuts French banks, eurobond talk lifts markets (Reuters)
• WTO rues India's tweaking of trade policy (Reuters)
• Rupee rebounds from 2-year low; jump in euro aids (Reuters)
• Asia Q3 corporate sentiment slides, India optimistic - poll (Reuters)
• BRICS to decide on euro support at Washington meet - India official (Reuters)
• ADB trims India growth forecast (Reuters)
• Extra weight doesn't always mean heart woes (Reuters)

Draft bill eyes cheap grains for 810 mln people (Reuters) Posted: 14 Sep 2011 08:32 AM PDT Reuters - The government has agreed on a draft law to provide cheap grains to two thirds of its 1.2 billion people, a plan that could widen fiscal deficit but help win voter support for the government and its allies.

U.S. probe lays Gulf spill blame on BP, contractors (Reuters) Posted: 14 Sep 2011 09:46 AM PDT Reuters - Poor management and critical mistakes by BP and its contractors led to the largest offshore oil spill in U.S. history, according to the final report of the largest U.S. government probe into last year's massive Gulf oil spill.

Inflation mounts, augurs another rate rise (Reuters) Posted: 14 Sep 2011 05:31 AM PDT Reuters - Indian inflation climbed to its highest in more than a year as prices of food and manufactured goods surged, reinforcing the case for another rate hike on Friday despite weakening growth and a worsening global outlook.

Fear in Kabul after 20-hour Taliban siege (Reuters) Posted: 14 Sep 2011 11:39 AM PDT Reuters - A marathon siege in Kabul's diplomatic enclave ended on Wednesday with the killing of two gunmen who had fought off Western and Afghan forces for 20 hours and showered rockets on embassies in a dramatic show of insurgent strength.

U.S. slams slow, opaque Indian trade policy (Reuters) Posted: 14 Sep 2011 10:02 AM PDT Reuters - The United States attacked India's trade policy on Wednesday, criticising its barriers to agricultural imports and retail sector investment and warning that it may not have shaken off the red tape and trade restrictions that has long plagued foreign business.

EU warned of credit crunch threat, French banks hit (Reuters) Posted: 14 Sep 2011 11:39 AM PDT Reuters - European finance ministers have been warned confidentially of the danger of a renewed credit crunch as a "systemic" crisis in euro zone sovereign debt spills over to banks, according to documents obtained by Reuters on Wednesday.

Pakistan's flood victims save what they can (Reuters) Posted: 14 Sep 2011 07:02 AM PDT Reuters - Pakistani soldiers in inflatable rescue boats peered across kilometers of flooded farmland and spotted a man wading through waist-deep water desperate to move his goat to high ground.

Cairn India shareholders approve conditions for Vedanta stake buy (Reuters) Posted: 14 Sep 2011 07:32 AM PDT Reuters - Oil explorer Cairn India said on Wednesday it had received approval from its shareholders to accept conditions imposed by the Indian government necessary to clear Vedanta Resources' deal to buy a 40 percent stake in the company.

Suzuki to pick Gujarat for new $1.3 bln plant - Kyodo (Reuters) Posted: 14 Sep 2011 06:01 AM PDT Reuters - Suzuki Motor will likely locate a planned $1.3 billion passenger car factory in Gujarat, Japan's Kyodo news agency said on Wednesday, as the automaker looks to expand capacity in its key market.

Three Pakistan intelligence officials killed (Reuters) Posted: 14 Sep 2011 03:06 AM PDT Reuters - Suspected Taliban militants killed three Pakistani military intelligence officials in a tribal region in the northwest on Wednesday, intelligence officials and police said.

Moody's cuts French banks, eurobond talk lifts markets (Reuters) Posted: 14 Sep 2011 08:47 AM PDT Reuters - Moody's cut the credit ratings of two French banks on Wednesday because of their exposure to Greece's debt, highlighting growing risks to Europe's financial sector from a deepening euro zone sovereign debt crisis.

WTO rues India's tweaking of trade policy (Reuters) Posted: 14 Sep 2011 06:01 AM PDT Reuters - India has further opened up to imports in the past four years but its habit of tweaking trade rules for domestic reasons risks undermining its efforts to boost commerce, the World Trade Organization (WTO) said on Wednesday.

Rupee rebounds from 2-year low; jump in euro aids (Reuters) Posted: 14 Sep 2011 06:01 AM PDT Reuters - The rupee staged a recovery on Wednesday after hitting a two-year low as the euro climbed on hopes of issuance of joint euro bonds, and as domestic equities reversed intraday losses tracking global peers.

Asia Q3 corporate sentiment slides, India optimistic - poll (Reuters) Posted: 13 Sep 2011 09:03 PM PDT Reuters - Sentiment at Asia's top companies fell in the third quarter, hitting its lowest level since the fourth quarter of 2009 as doubts about the strength of the global economy weighed, a Reuters survey showed.

BRICS to decide on euro support at Washington meet - India official (Reuters) Posted: 13 Sep 2011 11:47 PM PDT Reuters - Finance ministers of the BRICS countries will take a call on supporting the euro zone at a meeting in Washington later this month, a senior official in India's finance ministry said on Wednesday.

ADB trims India growth forecast (Reuters) Posted: 14 Sep 2011 02:08 AM PDT Reuters - Asia's emerging economies will grow robustly into 2012, led once again by China, although troubles in the United States, Europe and Japan will clip their momentum, the Asian Development Bank said in an updated economic outlook released on Wednesday.

Extra weight doesn't always mean heart woes (Reuters) Posted: 13 Sep 2011 10:24 PM PDT Reuters - Carrying extra weight doesn't necessarily mean your heart is ailing, according to a Greek study that adds to a growing body of evidence suggesting that overweight people aren't always unhealthy.

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