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India names Pakistani masterminds (AP via Yahoo! News)
A Pakistani militant group apparently used an Indian operative as far back as 2007 to scout targets for the elaborate plot against India's financial capital, authorities said, a blow to Indian officials who have blamed the deadly attacks entirely on Pakistani extremists.
India names Pakistani masterminds, date plot to 07 (AP via Yahoo! News)
A Pakistani militant group apparently used an Indian operative as far back as 2007 to scout targets for the elaborate plot against India's financial capital, authorities said Thursday, a blow to Indian officials who have blamed the deadly attacks entirely on Pakistani extremists.
India to Remain Russia’s Main Arms Client This Year (Update2) (Bloomberg)
Dec. 5 (Bloomberg) -- India will remain Russia’s main arms export destination this year, said Mikhail Dmitriev, head of the Federal Service of Military and Technical Cooperation.
Recession Trickles to India (New York Times)
India is feeling the cutbacks in America and elsewhere, as high-tech companies and outsourcing firms tighten their belts by freezing salaries and laying off workers.
India’s Bonds Set for 4th Week of Gains on Rate Cut Speculation (Bloomberg)
Dec. 5 (Bloomberg) -- India’s bonds were poised for a fourth weekly gain on speculation slowing inflation will prompt the central bank to reduce borrowing costs.
India Stocks: EIH, Indian Oil, Hindustan Petroleum, NMDC (Bloomberg)
Dec. 5 (Bloomberg) -- India’s benchmark Bombay Stock Exchange Sensitive Index, or Sensex, slid 30.58, or 0.3 percent, to 9,199.17 as of 10:19 a.m. local time.
US: Pakistan must cooperate with India (AFP via Yahoo! News)
The White House on Thursday called on Pakistan to "act with resolve, urgency" in cooperating with India on the probe into attacks in Mumbai that stoked tension between the nuclear rivals.
India inflation hits seven-month low, paves way for rate cuts (AFP via Yahoo! News)
India's inflation hit a seven-month-low Thursday, giving more room for interest rate cuts to spur a flagging economy that has taken another blow from the deadly Mumbai attacks, analysts said.
China, India Will Hold Anti-Terrorist Military Drill Tomorrow (Bloomberg)
Dec. 5 (Bloomberg) -- Troops from China and India, which have fought a war over their disputed border, will carry out military drills from tomorrow, India's Press Information Bureau said in a statement on its Web site.
India’s Rupee Set to End Three Weeks of Losses as Funds Return (Bloomberg)
Dec. 5 (Bloomberg) -- India’s rupee was poised to end a three-week losing streak on speculation gains in stock indexes will help slow outflows of capital.
Chidambaram in Mumbai to visit terror affected sites
Union Home Minister P Chidambaram on Friday arrived in the city to visit all the places affected by the terror attacks last week.
Congress still mum on new Maharashtra CM
Senior leaders Pranab Mukherjee and A K Antony had a meeting with Sonia Gandhi on Friday morning but there was no word on the leadership issue yet.
Uninhabited islands potential terror bases
Nearly 1,200 uninhabited islands in the Indian seas pose a major security threat as these are being scanned by LeTand JeM to make new bases to launch jihadi operations against India.
17 terrorists set sail from Pak, seven went back
An officer from Yellow Gate police station said the crime branch has refused to buy the theory that more than 10 terrorists landed in Mumbai on November 26.
Govt yet to take stand on death for hijackers
For month after drawing up a "zero tolerance" anti-hijack proposal, the government is yet to take a stand on its most stringent point — capital punishment for hijackers.
India to take tips from Israel on tackling terror
A known 'softie', India could now take some tips from the battle-hardy Israel to tackle the rising menace of aviation security threat.
Mecca Masjid blasts: Missing Hyderabad men in terror camps?
In a chilling revelation, intelligence department officials have said that at least 40 young men from the Old City have 'disappeared' since the Mecca Masjid blasts in May last year.
Kasav planted bomb at CST, kept cops in dark
Did Ajmal Kasav, the only terrorist arrested by the Mumbai police, know that the bomb he had planted at CST did not explode? Sources said Kasav was aware of the fact, but did not reveal the same.
ISI hyper-activity on border has India worried
A recent report of the Customs preventive unit in north zone highlighted the hyper-active Indo-Pak border across Punjab, Rajasthan and J&K.
Plan panel calls off team's visit to Pak
The Planning Commission called off a visit of its officials to Pakistan last Friday even as terrorists were ravaging Mumbai.
India Inc looking for enhanced security cover
Stunned by the sophistication and the scale of the Mumbai attacks, private companies are now scrambling for enhanced security cover.
Rupee weakens at open
Rupee opened slightly weaker on Friday but then strengthened, with traders waiting for the stock market open to get some cues on the likely direction of fund flows.
Sensex down over 90 points
The Bombay Stock Exchange benchmark Sensex on Friday opened low by over 90 points at 9,139.54 on heavy selling by funds.
Govt weighs Rs 10/litre cut in petrol price by next week
The government is toying with the idea of reducing fuel prices in the wake of crude prices looking set to hover around $45 a barrel.
Crude, metal push inflation down to 8.4%
Riding on low crude and metal prices, inflation for the week ending November 22 declined to 8.4% against 8.84% for the week before that.
More M&A deals in tax net
In the case of Vodafone Essar Ltd, Vodafone had bought the controlling stake in Hutchison Essar from Hutchison, which used to hold stake in Hutchison Essar, through a wholly owned subsidiary based in outside India.
Cricket ad spots take a beating
Advertising rates for the two matches, which will be played between India and England in Chennai on December 11 and Mohali on December 19, have dropped to an all-time low.
Govt snubs NTPC, RIL gas to run Dabhol
The government has told Mukesh Ambani-controlled Reliance Industries Ltd to supply gas to Maharashtra's Dabhol power plant once the court stay is lifted and it starts production from its Andhra offshore fields.
Economy to grow at 6.8% in '08-09: Citi
With the companies across sectors showing signs of weaknesses, global financial major Citi on Thursday said India's economic growth rate would slow to 6.8% in the current fiscal even if the RBI cuts rates.
Tracking one's credit footmarks is possible
Borrowers must know that loan and credit card repayment details are passed on by banks to a centralised body, Credit Information Bureau India (Cibil).
Pakistan expels senior Indian diplomat
Kaul, visa counsellor at the Indian High Commission in Islamabad, was expelled after being detained and was ordered to leave the country within 48 hours.
Indian summer of art at British Museum
The museum will showcase Indian art and culture next summer to recognise the country as an 'emerging superpower'.
Temple rivalry leads to royal visit cancellation
The visit of the Duke of Edinburgh to a Hindu temple in Leicester has been cancelled after the Buckingham Palace came to know it was under investigation.
Faced with shortage, Canada woos skilled Indian workers
Faced with shortage, Canada is trying to attract young talent from India by relaxing norms for visas in skilled workers category.
Indian doctor kills self under suicide pact
An Indian doctor who had admitted killing his terminally ill wife under a suicide pact last month, has taken his own life.
VOA launches 'America Live' for Indian viewers
Voice of America has joined hands with an Indian news channel to broadcast "America Live" for Indian viewers.
Indian-origin guest recounts terror at Taj
Praful Patel, an Indian-origin man from Uganda, was terrified when he heard a loud knock on the door of his Taj hotel room in the middle of the night in Mumbai.
Indians in UK mourn the victims of Mumbai terror attacks
People of Indian origin across Britain poured out in hundreds at different events to pay tribute to those who lost their lives in the terror attacks in Mumbai last week.
Supplyco plans franchise outlets
With Supplyco planning to set up franchisee stalls, thousands of Keralites settled in various Middle East countries can get their favourite food items.
Sir Noon suggests 10-year ban on immigration
India-born British tycoon, who had a narrow escape in the Mumbai attacks, said Britain should close its borders to all immigrants for up to 10 years.
150 witnesses to give oral evidence in 'Dr Death' case
Over 150 witnesses will give their verbal evidence in next year's committal hearing for Indian-born surgeon Jayant Patel.
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