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  • RBI Rate Cut Currently Unjustified: Pro     Monday, 29 Oct 2012 | 8:35 PM ET

    Sameer Goel, Head of Rates & FX Research Asia, Deutsche Bank explains why he thinks a rate cut by the RBI may not happen now, but in 2013. He adds that the markets should give government reforms time to take effect.

  • *Hurricane Sandy hits U.S. East Coast. NEW YORK, Oct 29- Gold edged lower on Monday on worries about the global economy, and trading was far below normal as a monster hurricane began battering the U.S. East Coast and exchanges were shut in New York. CME Group Inc. closed the COMEX/NYMEX trading floor while keeping its Globex electronic platform running.

  • Oct 29- Hurricane Sandy, located about 110 miles southeast of Atlantic City, New Jersey, and about 175 miles south-southeast of New York City, is expected to make landfall early Monday evening, the U.S. National Hurricane Center said in its latest bulletin. ``Sandy is now moving toward the northwest near 28 miles per hour.

  • --Martha Stewart Living Omnimedia Inc rescheduled third-quarter results to Nov. 1 from Oct. 30. --Vertex Pharmaceuticals Inc rescheduled third-quarter 2012 earnings and conference call to after markets close on Nov. 1 from Oct. 29. --The McGraw-Hill Companies Inc rescheduled third-quarter earnings and conference call to Nov. 2 from Oct. 31.

  • MUMBAI, Oct 29- Essar Energy plans to refinance up to $1.5 billion worth of its rupee debt overseas within six months, its chief executive said on Monday, as the India- focused group concentrates on improving its balance sheet after a turbulent period of heavy capital spending and regulatory setbacks.

  • Where the Currency Action Is Now Monday, 29 Oct 2012 | 2:14 PM ET

    These pros say emerging market currencies are the place to be - if you're picky. 

  • Reuters World News Highlights at 1400 GMT, Oct 29 Monday, 29 Oct 2012 | 2:00 PM ET

    ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.

  • UPDATE 1-Reuters Business News Schedule at 1330 GMT Monday, 29 Oct 2012 | 1:54 PM ET

    NEW YORK- Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthens after hundreds of thousands move to higher ground, public transport shuts down and the U.S. stock market suffers its first weather-related closure in 27 years (STORM-SANDY/ moved, pix, tv, graphic, by Daniel Trotta, 910 words). Politics puts Italy, Spain back in market focus.

  • Reuters Business News Schedule at 1330 GMT Monday, 29 Oct 2012 | 1:49 PM ET

    1530,1930 GMT- Franklin Paul, Chris Kaufman +1 646 223 6200.

  • NEW DELHI/ MUMBAI, Oct 29- India's government vowed on Monday to rein in the country's hefty fiscal deficit, increasing the pressure on the central bank on the eve of its next policy meeting to cut interest rates for the first time since April.

  • *DOJ, SEC convinced enforcement changing corporate culture. At least eight of the world's top 10 drugmakers, including Bristol-Myers Squibb Co, Pfizer Inc and Johnson&, have disclosed U.S. probes under the 1977 Foreign Corrupt Practices Act.

  • LONDON, Oct 29- Global consumer confidence edged higher in the third quarter, underpinned by an improvement in the United States, although uncertainty about the economy continued to cap spending, a survey showed. Sixty two percent of global consumers said they believed their national economies were in recession, up from 57 percent in the previous quarter, according to the survey by global information company Nielsen, released on Monday.

  • NEW DELHI/ MUMBAI, Oct 29- India's new oil minister has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand.

  • MUMBAI, Oct 29- India- focused Essar Energy plans to refinance up to $1.5 billion of its rupee debt within a couple of quarters, as it focuses on improving its balance sheet after a turbulent period that included heavy capital expenditure and regulatory setbacks.

  • Reuters World News Highlights at 1000 GMT, Oct 29 Monday, 29 Oct 2012 | 10:00 AM ET

    WASHINGTON- With one week left in the tight battle for the White House, it's all about the vital swing state of Ohio. Unless it's about Colorado- or Iowa, or tiny New Hampshire.

  • Reuters Business News Schedule at 0930 GMT Monday, 29 Oct 2012 | 9:51 AM ET

    The Reuters business schedule runs at the following times: 0230,0630 GMT- Mathew Veedon +65 6870-3827 0830,1230 GMT- Malcolm Davidson +44 20 7542 6958 1530,1930 GMT- Franklin Paul, Chris Kaufman +1 646 223 6200.

  • Oct 29- Category 1 Hurricane Sandy was strengthening and the center of the storm was forecast to move over the coast of U.S. mid-Atlantic states by Monday night, the U.S. National Hurricane Center said on Monday.

  • NEW DELHI/ MUMBAI, Oct 29- India's new oil minister has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand.

  • *Exec hopes China output back to normal in Feb. TOKYO, Oct 29- Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China were hit by a popular backlash against Japanese goods, and warned it could be February before business in the world's biggest autos market returns to normal.

  • BEIJING, Oct 29- Toyota Motor Corp blames its China underperformance on the widespread anti- Japan protests triggered by a territorial row.