Analysis: Modi's Gujarat growth model might not work across India

SURAT, India (Reuters) - Turning a single Indian state with a long tradition of entrepreneurship and a solid political majority into an investor-friendly economic powerhouse is one thing.Replicating that experience across a diverse country of 1.2 billion would be a tougher prospect for Narendra Modi, whose leadership of booming Gujarat state has led to his being touted as a potential candidate to...

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Lawyer: 3 Delhi rape suspects to plead not guilty

NEW DELHI (AP) — Three of the suspects in the brutal rape and killing of a young woman on a New Delhi bus will plead not guilty, their lawyer said Thursday, hinting that police had tampered with evidence in the attack that has transfixed India."They are innocent," said Manohar Lal Sharma, who said he took the case in part to confront the police over "how manipulated evidence is placed for fixing...

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Storm leaves Gaza man dead, Jerusalem snowed in

Wednesday, Jan. 9, 2013. In Gaza, civil defense spokesman Mohammed al-Haj Yousef said …more  JERUSALEM (AP) — A Gaza health official says a Palestinian man was electrocuted after being struck by a power cable snapped loose by ferocious winter winds, while a rare snowstorm paralyzed traffic inJerusalem, its suburbs and the nearby West Bank. Ashraf al-Kidra says the 24-year-old...

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Canadian Ryder Hesjedal leads 2013 Garmin-Sharp-Barracuda cycling team

Canadian Ryder Hesjedal leads a 2013 Garmin-Sharp-Barracuda team that will be without the suspended Tom Danielson, David Zabriskie and Christian Vande Velde until March.Hesjedal, named the Canadian Press male athlete of the year this week, is the defending Giro d'Italia winner."We had our strongest season in the history of the team in 2012, with our first Grand Tour win at the Giro, and we'll be...

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Cycling champion Wiggins knighted in UK New Year Honours

LONDON (Reuters) - Bradley Wiggins, the first Briton to win the Tour de France cycling race, has been knighted in a special United Kingdom New Years Honours list which acknowledges the success of the home team at the 2012 London Olympics.Just over a week after winning the Tour, Wiggins won a gold medal in the Olympic time trial, one of 65 medals collected by the British team who finished third in...

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Olympics, elections and horsing around in odd 2012

LONDON (Reuters) - Presidential preening, golden Olympic gaffes, a royal windfall for a skydiving British queen on her diamond jubilee and the endless end of days marked the odd stories in 2012 which pranced across the news in Gangnam Style.The year opened with a tale that flocks of magpies and bears had been spotted in mourning for North Korea's "Dear Leader", Kim Jong-il who died in December 2011...

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White House defends offer as 'good faith effort'

WASHINGTON (AP) — The White House is defending President Barack Obama's proposal to set a higher threshold for tax increases than what he vowed to do during his presidential campaign. The White House says Obama has moved halfway to meet House Speaker John Boehner on a "fiscal cliff" deal that raises $1.2 trillion in tax revenue, down from the $1.6 trillion Obama had initially requested.White House...

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Factbox: U.S. House "Plan B" tax bill likely to have short shelf life

WASHINGTON (Reuters) - The U.S. House of Representatives is likely to vote this week on what is being called "Plan B" on avoiding the "fiscal cliff."The Republican-sponsored legislation aims to extend current low tax rates for most families. Without such action by Congress, across-the-board income tax rates will rise on January 1.The combination of $500 billion in tax hikes and $100 billion in spending...

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U.S. charges three Swiss bankers in offshore account case

Three Swiss bankers accused of conspiring with American clients to hide more than $420 million from the tax-collecting U.S. Internal Revenue Service were indicted, the U.S. Attorney's Office in Manhattan said on Wednesday.The indictment named Stephan Fellmann, Otto Huppi and Christof Reist, all former client advisers with an unnamed Swiss bank. None of the bankers have been arrested, authorities...

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Will game live up to hype in BCS championship?

MIAMI (AP) — Sometimes, the buildup to a game can overwhelm what actually happens on the field.Certainly, No. 1 Notre Dame and No. 2 Alabama would have to play nothing less than a classic to live up to all the hype for Monday night's BCS championship.Before either team stepped on the field in balmy South Florida, this was shaping up as one of the most anticipated games in years, a throwback to the...

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