Dec
10

India – (AFX UK Focus) 2009-12-10 02:47 RPT-India cbank changes firms’ oversees borrowing rules (Interactive Investor)

(AFX UK Focus) 2009-12-10 02:47 RPT-India cbank changes firms’ oversees borrowing rules (Interactive Investor)
MUMBAI, Dec 9 (Reuters) – India’s central bank said it would withdraw from Jan. 1 some concessions on overseas borrowing for Indian firms introduced during the global credit crisis, although it also eased rules for the infrastructure and telecoms sectors. The changes would limit the ability of firms to borrow funds abroad and then repatriate them, while still encouraging long-term investment …

India bowl first in S.Lanka Twenty20 (Malaysian Mirror)
NAGPUR, India -Indian captain Mahendra Singh Dhoni won the toss and elected to field in the first Twenty20 international against Sri Lanka on Wednesday. Read more…

India can’t assist in resolving Bhutanese refugee problem: Indian envoy (Nepalnews. com)
Indian Ambassador to Nepal Rakesh Sood on Wednesday clarified that the long-standing Bhutanese refugee problem is a bilateral issue between Nepal and India which the two countries should resolve mutually and that India will not intervene in the matter.

(AFX UK Focus) 2009-12-10 06:49 Barclays says cooperating with India regulator on derivatives (Interactive Investor)
MUMBAI, Dec 10 (Reuters) – Barclays said on Thursday it was cooperating with the Securities and Exchange Board of India (SEBI), a day after the Indian regulator barred the British bank from transacting new offshore derivative instruments. SEBI said in an order on Wednesday that Barclays had not correctly disclosed details of the derivatives that are used by foreign investors to buy Indian …

As many as 3,858 persons killed in communal violence in India in five years: Government (Pakistani Newspaper)
NEW DELHI, December 9 (APP) The Indian Parliament was informed on Wednesday that 3,858 persons lost their lives in incidents of communal violence in different states of India during the last five years.

Barclays says cooperating with India regulator on derivatives (Reuters via Yahoo! Asia News)
MUMBAI, Dec 10 (Reuters) – Barclays said on Thursday it was cooperating with the Securities and Exchange Board of India (SEBI), a day after the Indian regulator barred the British bank from transacting new offshore derivative instruments.

India s Singh Calls Meet on State Demand, PTI Says (Correct) (Bloomberg)
(Corrects Dr. Reddy s size in fourth paragraph.) Dec. 9 (Bloomberg) — Indian Prime Minister Manmohan Singh will today meet with ministers to discuss demands for a new state in the south of the country, Press Trust of India reported, without saying where it got the information.

CoAS Gurung to receive title of Honorary General of Indian Army (Nepalnews. com)
Chief of Army Staff (CoAS) Chhatra Man Singh Gurung will receive title of Honorary General of the Indian Army during his official visit to India starting Friday.