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World News
 •  Freed hostage gets hero's welcome in France (AP)

 •  Scientist: Pakistan knew of NKorea nuke deal (AP)

 •  Colombians mull Betancourt presidency (AP)

 •  West condemns Mugabe, ignores other Africa despots (AP)

 •  G-8 summit gives chance to gauge Medvedev's power (AP)

 •  Goldman Sachs lowers estimates on 40 European banks (AFP)

 •  Jerusalem attacker once had Jewish girlfriend (AP)

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Business and Finance 

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•  BCE buyers finalize funding (Reuters)

•  Merrill nears deal to sell Bloomberg stake: report (Reuters)

•  French bank body fines SocGen $6 million over Kerviel (Reuters)

•  Tax credit to save UBS from hefty loss (Reuters)

•  EU opens in-depth investigation of Rio-BHP deal (Reuters)

•  Smooth sailing for yacht builders despite economy (AP)

•  Energy shares, tame jobs data lift Dow (Reuters)

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India, with all its variety, feels more like a series of countries strung together than a cohesive whole. As you move from region to region, you'll be exposed to dramatic changes in cuisine, dress, language, religion, custom and tradition.

A trip to India is an all-out assault on the senses. You'll be traveling through dusty heat or snowy cold, sharing roads with a parade of bicycles, auto-rickshaws, sputtering motorcycles, tinsel-draped trucks, camel carts and the occasional cow.

India Tourist Office
 •  Hunter Douglas gallery debuts in Surat
Hunter Douglas, a market leader in window coverings and manufacturer of architectural products, unveiled Friday its first gallery here.

 •  Bodies of eight commandos slain by Maoists recovered
Bhubaneswar/Navy divers Friday recovered the bodies of eight more personnel of Andhra Pradesh police's elite Greyhounds force killed in an ambush by Maoist guerillas in the Balimela reservoir in Orissa June 29, police said.

 •  UGC announces Rs.20 mn grant for West Bengal university
The University Grant Commission (UGC) Friday announced a Rs.20 million grant for developmental work at the Ramakrishna Mission Vivekananda University (RKMVU).

 •  Uttar Pradesh starts campaign for rainwater harvesting
The Uttar Pradesh government has initiated a campaign for implementation of rooftop rainwater harvesting system in houses and buildings, an official said Friday.

 •  Haryana to provide 100,000 technical education seats
Haryana Chief Minister Bhupinder Singh Hooda Friday announced to double the technical education seats in the state and open an education city 'modelled on Oxford'.

 •  Government approves 28 FDI proposals worth Rs.13.27 billion
The government has approved 28 foreign direct investment (FDI) proposals totalling Rs.13.27 billion including global retail major Marks and Spencer's proposal for 51 percent foreign direct investment in single brand retail business.

 •  Delhi to set up 30 new fire stations
At least 351 people have lost their lives and over 2,000 were injured in fire accidents in the last one year, Delhi Chief Minister Sheila Dikshit said here Friday and announced that 30 more fire stations would be set up in the city.

 •  6 killed in stampede at Puri chariot festival; Ahmedabad procession peaceful
Puri/One million devotees from across the globe thronged the temple town of Puri in Orissa for a glimpse of three Hindu deities whose idols were taken out in the annual Rath Yatra (chariot festival) but tragedy struck the event when six people were killed in a stampede.

 •  As Indore violence spreads, Congress demands judicial probe
The Congress in Madhya Pradesh Friday demanded a judicial probe into the violence that killed five people in Indore city during the shutdown called over the Amarnath shrine land row.

 •  US extradites alleged conman to India
Narendra Rastogi, accused of cheating the government of Rs.430 million in the late 1980s and facing trial in 13 cases Delhi and Mumbai courts, has been extradited by the US to India, the Central Bureau of Investigation (CBI) said here Friday.

 •  Shopkeepers, hawkers prevent opening of Spencer
The West Bengal government's efforts to portray an industry-friendly image received a jolt Friday when small shopkeepers and hawkers prevented RPG Enterprise vice chairman Sanjiv Goenka from inaugurating here a new mall of the company's retail arm Spencer's.

 •  Indian judokas win four gold at Asian Youth Championships
Indian judokas won eight medals, including four gold, at the Asian Youth Judo Championships in Sana'a, Yemen.

 •  India, US sign pact to double number of visiting students
India and the US Friday signed a pact to strengthen their educational ties by doubling the number of students and researchers who can visit each other's country and make the Indian government an equal partner in a flagship scholarship programme.

 •  N-Deal - sooner the better, says Kakodkar
Atomic energy commission chairman Anil Kakodkar Friday strongly supported the India-US civilian nuclear deal and said the sooner the nuclear safeguard agreement with IAEA (International Atomic Energy Agency) is wrapped up the better.

 •  Samajwadi Party prepares to bail out government amid Left ultimatum
Months of wrangling over the India-US nuclear deal took a decisive turn Friday with the Left parties serving a Monday deadline to the government and foe-turned-ally Samajwadi Party deciding to shore up the beleaguered coalition of Prime Minister Manmohan Singh ahead of his visit to Japan.



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 •  SBI hikes home loan interest rates by 50 bpts
The State Bank of India has raised its interest rate on home loans by 50 basis points across the board, effective from June 27.

 •  Police vehicle pinched under cops
An Uttar Pradesh police team was left red-faced when their unattended patrol vehicle was stolen here Friday.

 •  Dipika, Joshna in semi-finals of Chennai Open squash
Local teenager Dipika Pallikal played a flawless match to enter the semi-finals at the $8,000 ICL Chennai Open squash tournament, defeating top seed and World No. 33 Christina Mak from Hong Kong here Friday.

 •  Rashid wins title at Northern India junior golf
Delhi lad Rashid Khan emerged champion in the category A of the Lalit Suri Northern India Junior Sub-Junior Golf Championship at the Army Golf Course here Friday.

 •  ONGC Videsh seeks to look for oil in Angola
ONGC Videsh Ltd (OVL) wants to ally with Angola's national oil company Sonongal to jointly bid for offshore exploration in that country, the government said here Friday.

 •  Move over denim, lycra is here
Denim and cotton are passe and lycra is the fabric of the future, fashion experts say, pointing to its next-generation look and feel.

 •  BJP president to visit Jammu amid land row protests
Jammu, July 4 (IANS) Even as protests against the cancellation of land allotment to the Amarnath shrine board continued to rock Jammu for the fifth day Friday, the Bharatiya Janata Party (BJP) said its president Rajnath Singh would visit the region Saturday.

 •  R-ADAG seeks SEBI probe into R-Com share fall
The Reliance Anil Dhirubhai Ambani Group (R-ADAG) has approached market watchdog Securities and Exchange Board of India (SEBI) to probe the dip in the share price of group company Reliance Communications (R-Com).

 •  Kashmiri separatist leader, 14 others injured in Srinagar
Fifteen people, including a senior Kashmiri separatist leader, were injured here Friday when the police made a baton-charge to disperse a group of people marching in a proecssion and shouting pro-freedom slogans, the police said.

 •  Three states to launch anti-bandit operations
Police officials of Uttar Pradesh, Rajasthan and Madhya Pradesh Wednesday evening decided to coordinate combing operations along the borders and in the Chambal ravines to contain the menace of bandits, an official said Friday.

 •  Amrita TV to serialise Malayalam classic
Popular Malayalam classic 'Aranazhikaneram' is to be serialised into 40 episodes.

 •  Transporters call off strike, trucks back on road
Truck owners called off their nationwide strike early Friday after reaching an agreement with the government to lower service tax and provide unbranded diesel.

 •  Left gets harsher, Congress on the defensive
Setting a deadline for Prime Minister Manmohan Singh's government to clarify its position on the India-US nuclear deal, the Communists Friday asked the ruling coalition to face a floor test if they withdrew their legislative support. A furious Congress rejected the ultimatum.

 •  Himachal seeks amendment to loan-waiver scheme
Himachal Pradesh Chief Minister Prem Kumar Dhumal has sought amendment to the central government's loan-waiver scheme.

 •  BSP councillor held for running auto-theft gang in Delhi
A Bahujan Samajwadi Party (BSP) councillor from Uttar Pradesh and two accomplices have been arrested here for running an auto-lifting gang, the police said Friday.

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