WORLD MARKET NEWS

India realty sector set for correction - report-
Reuters MUMBAI (Reuters) - India's property market is poised for a correction and residential property rates will have to drop by up to 30 percent in some geographies for affordability to catch up, a report on said on Monday.

HDFC raises 8 bln rupees from I-Sec - sources- Reuters MUMBAI (Reuters) - Housing Development Finance Corp on Monday raised 8 billion rupees by selling bonds to ICICI Securities Primary Dealership.

American youth trail in Internet use -- survey- Reuters SAN FRANCISCO (Reuters) - Fewer young Americans have Internet access than their peers in the Czech Republic, Canada, Macao and Britain, a survey of 13 countries around the world showed.

U.S. officials say Citigroup rescue aimed at confidence- Reuters WASHINGTON (Reuters) - U.S. government officials said the driving reason behind the decision to rescue Citigroup Inc was to try to restore confidence in the financial system and in big U.S. financial institutions.

GLOBAL MARKETS - U.S. stock futures gain on Citigroup rescue- Reuters HONG KONG (Reuters) - Asian shares cut losses on Monday and U.S. stock futures gained after the U.S. government agreed to a $306 billion rescue plan for Citigroup, easing concerns about the U.S. bank's survival.

India's tourism begins to feel the global pinch- Reuters

Citigroup rescued- Reuters

Australia insurer IAG enters India with SBI venture- Reuters

Tight credit, small bonuses hit India real estate- Reuters

Australia's IAG forms joint venture with SBI- Reuters

U.S. Treasury says to put money into Citigroup- Reuters

U.S. to guarantee close to $300 bln Citi assets - WSJ- Reuters

Reuters Summit - India business, politics confront global slowdown- Reuters

Rupee slightly weaker, traders await stocks open- Reuters

U.S. mulls delays to tax hikes, support for Citi- Reuters
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