05222013Headline:

IKEA’s 1.5 billion euro investment plan cleared

NEW DELHI | Thu May 2, 2013 10:20pm IST NEW DELHI (Reuters) – The Cabinet Committee on Economic Affairs (CCEA) cleared on Thursday a 1.5 billion euro investment plan by IKEA, formally paving the way for the [...]

India fumes after Sarabjit Singh dies in Pakistan

ISLAMABAD/NEW DELHI | Thu May 2, 2013 10:25pm IST ISLAMABAD/NEW DELHI (Reuters) – India reacted furiously to Thursday’s death in a Pakistani jail of convicted spy Sarabjit Singh, who was badly beaten [...]

Lyrics of unpublished Bob Dylan anti-nuclear song up for sale

LONDON | Thu May 2, 2013 10:42pm IST LONDON (Reuters) – The unpublished lyrics of an anti-nuclear protest song written by Bob Dylan 50 years ago are to be sold in London next month after being found in a drawer [...]

RBI likely to cut interest rates to prod sputtering economy

By Suvashree Dey Choudhury and Tony Munroe MUMBAI | Fri May 3, 2013 2:38am IST MUMBAI (Reuters) – The Reserve Bank of India is expected to cut its policy interest rate by a quarter point on Friday for the third [...]

Chelsea rollercoaster ride heading for more glory

By Mike Collett LONDON | Fri May 3, 2013 5:01am IST LONDON (Reuters) – Chelsea’s rollercoaster of a season could yet end with another night of European glory after they knocked FC Basel out of the semi-finals [...]

For Congress party, a rare state election win is likely

By Aradhana Aravindan BANGALORE | Fri May 3, 2013 5:13am IST BANGALORE (Reuters) – Crony capitalism, plunder of resources and corruption in government are usually issues main opposition Bharatiya Janata Party [...]

N.Korea could eventually reach U.S. with nuclear arms

By David Alexander WASHINGTON | Fri May 3, 2013 9:33am IST WASHINGTON (Reuters) – North Korea’s continuing development of nuclear technology and long-range ballistic missiles will move it closer to its [...]

South Africa suspends protocol boss over Indian wedding flight

By Olivia Kumwenda JOHANNESBURG | Fri May 3, 2013 10:20am IST JOHANNESBURG (Reuters) – South Africa suspended a senior foreign ministry official on Thursday after a charter plane carrying nearly 200 guests [...]

For Congress, a rare election win in Karnataka is likely

By Aradhana Aravindan BANGALORE | Fri May 3, 2013 10:39am IST BANGALORE (Reuters) – Crony capitalism, plunder of resources and corruption in government are usually issues main opposition Bharatiya Janata Party [...]

Four officials suspended in S.Africa’s widening Gupta scandal

By Jon Herskovitz PRETORIA | Fri May 3, 2013 7:17pm IST PRETORIA (Reuters) – South Africa suspended four top security officials on Friday, including two brigadier-generals, in a widening scandal over a plane [...]

Chinese police bust million-dollar rat-meat ring

BEIJING | Fri May 3, 2013 11:22am IST BEIJING (Reuters) – Chinese police have broken a crime ring that passed off more than $1 million in rat and small mammal meat as mutton, authorities said, in a food safety [...]

Boeing agrees to compensate Air India for Dreamliner grounding

NEW DELHI | Fri May 3, 2013 12:40pm IST NEW DELHI (Reuters) – Boeing Co (BA.N) has agreed to compensate state-run Air India for the grounding of 787 Dreamliner passenger jets, the Indian aviation minister said [...]

Prosecutor in Bhutto assassination case shot dead

By Mehreen Zahra-Malik ISLAMABAD | Fri May 3, 2013 2:12pm IST ISLAMABAD (Reuters) – Gunmen on a motorcycle on Friday shot dead a prosecutor investigating the 26/11 Mumbai attacks and the assassination of former [...]

Solar-powered plane set for first cross-country flight from California

By Laila Kearney SAN FRANCISCO | Fri May 3, 2013 3:38pm IST SAN FRANCISCO (Reuters) – A solar-powered airplane that developers hope to eventually pilot around the world was due to take off early on Friday from [...]

RBI cuts repo rate by 25 bps, warns of little room for more

By Suvashree Dey Choudhury and Tony Munroe MUMBAI | Fri May 3, 2013 4:38pm IST MUMBAI (Reuters) – The Reserve Bank of India (RBI) cut interest rates on Friday by a quarter point for the third time since January [...]

Bharti to sell 5 percent stake to Qatar Foundation Endowment for $1.26 billion

By Devidutta Tripathy and Mirna Sleiman NEW DELHI/DUBAI | Fri May 3, 2013 5:13pm IST NEW DELHI/DUBAI (Reuters) – Gulf state Qatar has bought a 5 percent stake in telecoms firm Bharti Airtel Ltd(BRTI.NS) for [...]

Finmeccanica ex-CEO corruption trial starts in June

MILAN | Fri May 3, 2013 6:21pm IST MILAN (Reuters) – The trial of Finmeccanica’s (SIFI.MI) former chairman Giuseppe Orsi will start on June 19 after a judge ruled on Friday that there was enough evidence [...]

Squabbling Indian delegation to meet IOC over ban

By Sudipto Ganguly MUMBAI | Fri May 3, 2013 6:45pm IST MUMBAI (Reuters) – India’s bid to overturn an Olympic ban looked no closer to a solution on Friday with a split and squabbling delegation set to [...]

Pakistani attacked in Jammu jail; Sarabjit cremated

By Ashok Pahalwan JAMMU | Fri May 3, 2013 4:42pm IST JAMMU (Reuters) – A Pakistani prisoner was badly beaten in Jammu and Kashmir’s Kotbawal jail on Friday in apparent revenge for the fatal attack on [...]

Four officials suspended in South Africa’s widening Gupta scandal

By Jon Herskovitz PRETORIA | Fri May 3, 2013 7:17pm IST PRETORIA (Reuters) – South Africa suspended four top security officials on Friday, including two brigadier-generals, in a widening scandal over a plane [...]

North Korea sentences American to 15 years hard labour

SEOUL | Thu May 2, 2013 8:34am IST SEOUL (Reuters) – North Korea’s Supreme Court sentenced U.S. citizen Kenneth Bae to 15 years hard labour on Thursday for committing crimes against the North, according [...]

Bayern humiliate Barca to reach Champions League final

By Iain Rogers BARCELONA | Thu May 2, 2013 2:55am IST BARCELONA (Reuters) – Bayern Munich cruised into a first all-German Champions League final when they routed Barcelona 3-0 at the Nou Camp on Wednesday to [...]

Bayern crush Barca to reach Champions League final

By Iain Rogers BARCELONA | Thu May 2, 2013 4:22am IST BARCELONA (Reuters) – Bayern Munich stormed fortress Nou Camp to claim a berth in the first all-German Champions League final when they routed Barcelona [...]

Europe trade action against Bangladesh would have big impact

By Ethan Bilby BRUSSELS | Wed May 1, 2013 7:33pm IST BRUSSELS (Reuters) – If Bangladesh were to lose its preferential trading status with Europe over conditions in its garment factories, it could face hundreds [...]

Subsidy for phosphate and potash-based fertilisers cut

NEW DELHI/MUMBAI | Wed May 1, 2013 9:13pm IST NEW DELHI/MUMBAI (Reuters) – India on Wednesday decided to cut the subsidies on phosphate and potash-based fertilisers in the fiscal year that began in April in [...]

A Minute With: Anurag Kashyap on ‘Bombay Talkies’

By Shilpa Jamkhandikar MUMBAI | Wed May 1, 2013 1:48pm IST MUMBAI (Reuters) – As India celebrates 100 years of cinema, Anurag Kashyap is one of four leading filmmakers collaborating on a Bollywood project that [...]

Earthquake measuring 5.7 strikes J&K

SYDNEY | Wed May 1, 2013 2:30pm IST SYDNEY (Reuters) – A shallow earthquake with a preliminary magnitude of 5.7 struck in northern India on Wednesday, the U.S. Geological Survey said. The quake was only 10 [...]

Indonesia overtakes India as the most optimistic market

By Susan Fenton LONDON | Wed May 1, 2013 5:00pm IST LONDON (Reuters) – Indonesia overtook India as the most optimistic consumer market globally, according to a survey by global information and insights company [...]

Bomb in central Damascus kills 13, wounds 70

BEIRUT | Tue Apr 30, 2013 3:25pm IST BEIRUT (Reuters) – A bomb in central Damascus killed 13 people on Tuesday, state television said, a day after Prime Minister Wael al-Halki survived an attack on his convoy [...]

Russian nightclub owner convicted for fire that killed 156

MOSCOW | Tue Apr 30, 2013 10:49pm IST MOSCOW (Reuters) – A Russian court sentenced the owner of a Russian nightclub where a fire killed 156 people to nearly 10 years in jail on Tuesday after convicting him [...]
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