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Obama nominates Indian-American as ambassador to India  WASHINGTON (Reuters) - President Barack Obama nominated former State Department official Richard Verma as U.S. ambassador to India on Thursday, just ahead of a visit to Washington by new Indian Prime Minister Narendra Modi, a White House statement said.

Nepal clears India’s GMR plan for $1.4 billion hydroelectric plant  KATHMANDU (Reuters) - Nepal’s centre-left cabinet on Thursday cleared the way for Indian firm GMR to build a $1.4 billion hydroelectric plant in the northwest of the country, a cabinet minister said, the Himalayan republic's biggest foreign investment scheme.

Islamic State releases video it says shows British journalist John Cantlie  BEIRUT (Reuters) - Islamic State militants fighting in Iraq and Syria released a video on Thursday that they said shows British journalist John Cantlie in captivity saying he will soon reveal "facts" about the group to counter its portrayal in Western media.

Factbox - Key trade, business announcements during China Xi's India visit  NEW DELHI (Reuters) - Chinese President Xi Jinping pledged on Thursday to invest $20 billion in India and give its companies greater access to key Chinese markets following talks with Prime Minister Narendra Modi in New Delhi.

China joins nations eyeing India's civil nuclear sector  NEW DELHI (Reuters) - China became the latest nation to line up for a stake in India's civil nuclear energy drive on Thursday, agreeing to open talks on cooperation in a sector that New Delhi sees as the solution to its chronic power problems.

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