Economy
Road deaths cost world economy $500bln - Kremlin
MOSCOW (Reuters) - Russian President Dmitry Medvedev on Thursday called on world powers to battle a rising tide of road accidents which he said killed the equivalent of a major city each year and drained the global economy of $500 billion. Full Article
FACTBOX - India's slow road to economic reform
NEW DELHI (Reuters) - Mass protests by sugarcane farmers backed by political opposition parties forced the parliament to adjourn for a second day on Friday, a major headache for the ruling Congress party. Full Article
India will not import rice, stocks sufficient - min
NEW DELHI (Reuters) - India will not import rice as it has adequate stocks of the grain, Trade Minister Anand Sharma told reporters on Friday after a meeting of a panel of ministers. Full Article
Govt has no roadmap to exit stimulus - min
NEW DELHI (Reuters) - The government has not yet chalked out a roadmap to withdraw stimulus in the first half of 2010, the junior finance Minister said on Friday in a written reply to a question in parliament. Full Article
Look out for emerging markets inflation
Emerging markets could be the first to suffer destabilizing inflation, courtesy of a strong economic rebound, a weak dollar and extremely loose monetary policy in the developed world. Full Article
TIMELINE - CHANGES IN KEY RATES
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RBI buys half of IMF's gold for sale
The International Monetary Fund has sold 200 tonnes of gold to the RBI for $6.7 billion. Full Article
GLOBAL RECOVERY
Govt to push ahead with reforms
India will push ahead with financial sector reforms, which will not destablise growth, and can absorb a welcome rise in foreign investment flows. Full Article
Govt pushes stake sales, tax reforms to cut deficit
The government on Thursday mandated more sales of shares by state-run firms and changed the rules on how it can use the proceeds, as it seeks to boost revenues and rein in a widening budget deficit. Full Article
