1. News file from 4 oct-10 oct

2. Wall Street ends week up, but wary as stimulus looms NEW YORK (AFP) – Wall Street trade was likely to remain in low gear next week as investors increasingly expect the government to pump cash into the markets to boost the lagging economy. . "It is interesting that we are celebrating the fact that the Federal Reserve feels that the economic conditions warrant more monetary policy," said Art Hogan, analyst at Jefferies. For the week, the Dow Jones Industrial Average was up 1.75 percent to 11,006.48 points, its highest level since early May. The broader S&P 500 index rose 1.65 percent to 1,165.15 points while the technology-rich Nasdaq composite index gained 31.16 points to finish the week at 2,401.91, a 1.3 percent gain

3. KKR buys 9 pct stake in India's Avantha Power-paper Avantha Power, part of billionaire GautamThapar-led Avantha Group, has issued 64 million shares at 34 rupees each to KKR, the newspaper reported on Wednesday, citing a banker familiar with the transaction. Avantha Power is looking to raise as much as $280 million through an initial public offering, and the company has filed papers with the market regulator Securities and Exchange Board of India. Officials at KKR in India could not immediately be reached by Reuters, while a spokeswoman for the Avantha Group declined comment. The Economic Times said KKR's holding in Avantha Power would be diluted to 6.3 percent after the completion of the share sale, which is expected next month.

4. Geithner urges greater IMF role in currencies WASHINGTON – Treasury Secretary Timothy Geithner is urging the International Monetary Fund to play a bigger role in monitoring how countries manage their currencies. Geithnertold the IMF's top policy committee on Saturday that the 187-nation lending institution must speak more forcefully about exchange rate policies. Geithner'sremarks are the latest effort by the United States to bring more pressure on China to allow its currency to rise in value against the dollar. American manufacturers believe China is unfairly manipulating its currency to gain trade advantages.

5. India’s gold medal haul in Commonwealth Games goes upto 24 till 10 October 2010 India bagged four gold, one Silver and five bronze medals in the Commonwealth Games yesterday to take their overall medals tally to 24 Gold, 17 Silver and 17 Bronze. But England nosed ahead of the hosts in the medals table to take the second position. On a day which saw fortunes fluctuating for the number two spot between the two nations, England finally caught up with India’s haul of 24 gold medals. A higher number of silver medals helped them overtake India in the medal standings. With a haul of 24 Gold, 43 Silver and 29 Bronze, England were one rung below front runners Australia on the sixth day of competitions. Australia were comfortably placed at the top with 55 Gold, 30 Silver and 31 bronze. with a power-packed display to help India bag four gold medals.

6. Sania goes down fighting, settles for silver Down 3-6 in the tie-break of the final set, SaniaMirza was serving to save the fifth championship point of the match. The silence in a packed Centre Court could’ve made a pin drop audible as the crowd prayed for a miracle, hoping the Indian would find a way to hold on — just as she had on four previous instances. While spectators were still making their way during the first set, the stadium was at full strength before the start of the second, with the encouraging yells increasing in volume as the match progressed. Emboldened by the support, Sania raised her game a notch — her service improved and her powerful forehand proved too hot to handle for Rodionova. She marched on to level the match at one set all, winning the second 6-2.