Yahoo! News: India Top Stories - Reuters

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• Drone strike ends long hunt for U.S.-born Awlaki (Reuters)
• India's fiscal, current account gaps widen; rupee pressured (Reuters)
• Cabinet okays mining bill calling for profit sharing (Reuters)
• Anil Ambani group shares plunge amid telecom probe worry (Reuters)
• U.S. reassures Pakistan amid anti-American protests (Reuters)
• Intel Capital: India tech start-up values near bubble (Reuters)
• U.N. aviation body meeting opposes EU carbon plan - India (Reuters)
• Pakistani sanctioned by U.S. denies militant links (Reuters)
• Dastangoi magic revives lost medieval tales (Reuters)
• Myanmar govt shelves $3.6 bln mega dam, officials say (Reuters)

Drone strike ends long hunt for U.S.-born Awlaki (Reuters) Posted: 30 Sep 2011 03:12 PM PDT Reuters - The killing of Anwar al-Awlaki in Yemen on Friday by a U.S. drone strike is the culmination of two years of extensive U.S. efforts to track down the American-born member of al Qaeda and put him out of action.

India's fiscal, current account gaps widen; rupee pressured (Reuters) Posted: 30 Sep 2011 11:12 AM PDT Reuters - India reached 66 percent of its full-year fiscal deficit target just five months into the financial year, reinforcing worries about its ability to stick to the budgeted target for the year that ends in March.

Cabinet okays mining bill calling for profit sharing (Reuters) Posted: 30 Sep 2011 03:33 AM PDT Reuters - The cabinet has approved a bill calling for funding local schools, hospitals and roads using profits and royalties from reluctant mining firms, a move that may kickstart stalled projects and boost rural support for the government.

Anil Ambani group shares plunge amid telecom probe worry (Reuters) Posted: 30 Sep 2011 06:21 AM PDT Reuters - Shares in Anil Ambani's Reliance Group firms plunged on Friday, a day after reports said federal police were examining his role in an alleged multi-billion telecoms licensing scandal that has rocked the government and businesses.

U.S. reassures Pakistan amid anti-American protests (Reuters) Posted: 30 Sep 2011 02:44 PM PDT Reuters - The United States moved to ease tensions with Islamabad on Friday, telling Pakistan it would not send ground troops to attack militant positions in North Waziristan even as anti-American protests flared around the country.

Intel Capital: India tech start-up values near bubble (Reuters) Posted: 30 Sep 2011 09:40 AM PDT Reuters - Intel Capital, the investment arm of Intel Corp, the world's biggest chipmaker, believes valuations of early-stage technology companies in India have reached a "near-bubble" stage, as too much capital chases too few quality opportunities.

U.N. aviation body meeting opposes EU carbon plan - India (Reuters) Posted: 30 Sep 2011 06:37 AM PDT Reuters - European Union (EU) plans to put a charge on carbon emissions from airlines are "discriminatory" and inconsistent with global laws, a meeting of a UN aviation body and non-EU member nations has agreed, an Indian government statement said on Friday.

Pakistani sanctioned by U.S. denies militant links (Reuters) Posted: 30 Sep 2011 06:22 AM PDT Reuters - One of the men sanctioned by the United States for supporting "the most dangerous terrorist organisations" in Afghanistan and Pakistan denied on Friday he was a Taliban financier.

Dastangoi magic revives lost medieval tales (Reuters) Posted: 30 Sep 2011 01:36 AM PDT Reuters - There are no props, no music and no elaborate costumes -- and if these performers have their way, no applause either.

Myanmar govt shelves $3.6 bln mega dam, officials say (Reuters) Posted: 30 Sep 2011 04:47 AM PDT Reuters - Myanmar's government suspended on Friday a controversial $3.6 billion, Chinese-led dam project, a victory for supporters of pro-democracy leader Aung San Suu Kyi and another sign of apparent reform in one of Asia's most repressive states.

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