INDIA

India's Tata says plans Nano hybrid cars: report

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India's Tata Group is planning to produce hybrid versions of its Nano, billed as the world's cheapest car, to join in the environment-friendly trend, its chairman said in an interview with a South Korean newspaper.
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New WHO guidelines urge phase-out of major HIV drug

Countries should phase out the use of Stavudine, the most widespread antiretroviral, because of long-term, irreversible side-effects in HIV patients including wasting and a nerve disorder, the World Health Organization said on Monday.
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ArcelorMittal says India state meeting positive

ArcelorMittal, the world's largest steelmaker, said on Friday it had a constructive meeting with Karnataka government officials about its plans to set up a steel plant in the southern Indian state.
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India says troubled by China-Pakistan military ties

Growing military ties between China and Pakistan are a serious concern to India, Defense Minister A.K. Antony said on Friday, in the latest display of a prickly rivalry between New Delhi and its neighbors.
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One year after, India remembers Mumbai attacks

Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan.
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Dollar index hits 15-month low after Fed minutes

The dollar hit a 15-month low against a currency basket on Wednesday after Federal Reserve minutes showed policymakers saw the U.S. currency's recent decline as orderly. Traders dumped the dollar across the board, pushing it to a 10-month low against the yen, as the minutes also reinforced the view U.S. interest rates will stay essentially at zero until around mid-2010.
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Global stocks rise; gold at record high

World stocks rose while gold hit another record high and the dollar weakened on Wednesday after Federal Reserve minutes expressed confidence in the durability of the U.S. economic recovery.
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Asia shares gain, gold hits record high

Asian stocks rose on Wednesday after the Federal Reserve raised U.S. growth forecasts for 2010, while gold struck a record high on a weaker dollar and a media report India was open to buying more of the precious metal.
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Obama says will finish the job in Afghanistan

U.S. President Barack Obama vowed on Tuesday to finish the job of an unpopular and costly eight-year war in Afghanistan, and officials said he could announce an increase of around 30,000 troops next week.
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Obama seeks to reassure Singh on U.S.-India ties

President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as top priorities.
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Obama says will announce Afghan plan soon

President Barack Obama said Tuesday he will announce a new U.S. strategy for Afghanistan soon and that his intention will be to have a plan to finish the job there after eight years of war.
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Small is beautiful for Ford India

Ford Motor Co will launch a new car model in India every 12-15 months over the next five years, with its new Figo small car is set to drive a tripling of sales in 2010, its India head said on Tuesday.
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In U.S., India PM touts nuclear deal, infrastructure

Indian Prime Minister Manmohan Singh said on Monday completing a 2005 U.S.-India nuclear cooperation deal would boost investment opportunities in his country, a hopeful sign for U.S. companies eyeing India's potential $150 billion market in power plants.
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GM sees China sales growth slowing in 2010

General Motors expects its China sales growth to drop dramatically in 2010 as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.

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