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UK reaffirms position after Canada-India diplomatic spat

(Reuters) – Britain on Friday reaffirmed its position that all countries should respect sovereignty and the rule of law, after reports said that India had asked Canada to withdraw 41 diplomats. “The Prime Minister reaffirmed the UK’s position that all countries should respect sovereignty and the rule of law, including the principles of the Vienna …

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Indian glacial lake that flooded was poised to get early warning system

By Gloria Dickie, Shivam Patel and Alison Withers NEW DELHI (Reuters) -Scientists and government authorities were working on an early warning system for glacial floods at a Himalayan lake in northeast India when it broke its banks this week with deadly consequences. Mountainous Sikkim state plunged into chaos on Wednesday as floods spurred by heavy …

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Games-Japan crush North Korea for soccer gold, breakdancing makes debut

By Ian Ransom HANGZHOU, China (Reuters) -Japan ended North Korea’s hopes of a fairytale soccer gold with a 4-1 thrashing in the Asian Games final after breakdancing made its debut in a whirlwind of baggy pants and pounding beats. A three-goal burst in the second half at Huanglong Sports Centre Stadium secured Japan back-to-back titles …

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Death toll from Indian Himalayan flash floods rises to 42, scores still missing

By Subrata Nag Choudhury and Aftab Ahmed KOLKATA/NEW DELHI (Reuters) -At least 42 people were killed after a glacial lake burst its banks and triggered flash floods in the Indian Himalayas this week, government officials said on Friday as rescuers kept searching for almost 150 missing. The Lhonak Lake in the mountainous northeastern state of …

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Cricket-India’s Gill doubtful for Australia match due to dengue fever

CHENNAI (Reuters) -India’s Shubman Gill has got dengue fever but coach Rahul Dravid said the in-form opener has not yet been ruled out of their World Cup opener against Australia on Sunday. Gill is the leading run-scorer in one-day internationals this year and the 24-year-old has forged a formidable opening partnership with skipper Rohit Sharma. …

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Cricket-India’s obsession with cricket peaks with home World Cup

NEW DELHI (Reuters) – The 13th edition of the 50-over World Cup got under way in Ahmedabad on Thursday heralding six weeks of high-octane action in a country madly in love with the game. Cricket is considered a religion in India, which remains pretty much a one-sport nation despite the country’s improved performances in other …

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Rate-sensitive stocks lift Indian shares higher after RBI pause

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares advanced on Friday, led by gains in rate-sensitive sectors like auto and realty, after the central bank stood pat on key interest rates as expected and kept its inflation and growth expectations unchanged. The NSE Nifty 50 index was up 0.35% at 19,614.95, as of 11:23 a.m. IST, …

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India cenbank keeps key rate steady; signals tight liquidity

(Reuters) -The Reserve Bank of India’s key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, but signalled it would keep liquidity tight using bond sales (OMO sales) to bring inflation closer to its 4% target. The country’s monetary policy committee (MPC) kept the repo rate unchanged at …

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India cenbank chief asks banks to lend funds to peers, not park them at RBI facility

MUMBAI (Reuters) – Indian banks must lend surplus funds to their peers instead of parking the money at a central bank facility, the Reserve Bank of India governor said on Friday. “It is desirable that banks having surplus funds explore lending opportunities in the interbank call market rather than passively parking funds in the SDF …

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Floods in India’s Sikkim state leave 10 dead, 82 missing

By Subrata Nag Choudhury and Zarir Hussain GUWAHATI/NEW DELHI (Reuters) -At least ten people were killed in India’s state of Sikkim and 82 others, including 23 army personnel, were missing after heavy rainfall caused the glacial Lhonak lake to overflow, spurring catastrophic flooding in the region on Wednesday, officials said. The northeastern state received 40.9 …

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