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Bharti Airtel not seeking new buys, sees local shake up 2:15pm IST

NEW DELHI (Reuters) - Bharti Airtel, India's top mobile operator, is not actively seeking acquisitions, after its $23 billion planned tie-up talks with South Africa's MTN collapsed, the firm's Chairman Sunil Mittal said on Sunday.  Full Article

 
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INTERVIEW - Deficit, inflation seen threatening India's recovery 7:33pm IST 

NEW DELHI (Reuters) - A high fiscal deficit and rising inflationary pressure could derail India's economic recovery, an advisor to Prime Minister Manmohan Singh on Sunday.  Full Article  

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Financial sector reforms to quicken, says PM 5:59pm IST 

NEW DELHI (Reuters) - India's long-stalled reforms to its financial sector gained momentum on Sunday after Prime Minister Manmohan Singh said he would push through legislative changes, including the insurance sector which foreign players are eyeing.  Full Article  

US jobless rate tops 10%

Nov. 6 - The U.S. unemployment rate surged to a more than 26-year high of 10.2 percent in October and economists fear the rate will climb even further.  Play Video

 

ALSO ON REUTERS

Lifeline for Satyam

Satyam's sale to Tech Mahindra may help restore faith in India's IT sector at a time when the global downturn has hit growth.  Slideshow 

 
Reuters Insight

John Mair, Deputy Bureau Chief, Mumbai, gives us an analysis of the Satyam sale.  Video 

 
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Tech Mahindra joins top tier with Satyam

Analysis - Tech Mahindra, even allowing for overstatement of accounts by Satyam, is expected to be a top-tier outsourcer after the Satyam deal.  Full Article