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from India Insight:

Bollywood banks on superhero saga “Krrish 3″

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Actor Hrithik Roshan returns as Krrish this Friday in the third instalment of the namesake film series, which pits the Indian superhero against a new villain out to destroy the world. "Krrish 3" opens two days before Diwali, India's festival of lights and traditionally a time of Bollywood blockbuster movie premieres.

The film, made for an estimated 800 million rupees ($13 million), is coming out in 3,600 movie screens across India -- a record -- and is expected to pull in crowds with Hollywood-style special effects and a healthy dose of Indian "family values".

"This is a film that appeals to pretty much everyone, and kids especially. They are the ones who will drag the families in," said Shailesh Kapoor of research firm Ormax Media. "Also, it is the Diwali weekend, and a time when people are looking for entertainment and willing to spend."

Diwali is the festival of Lakshmi, the goddess of wealth, and is traditionally the season for giving sweets as gifts to family, friends and employees. People also invest in gold, buy new clothes or electronic gadgets during the festive season.

from India Insight:

Elsewhere in India: Maria Sharapova wins hearts, minds of cameramen

Here's some more news that we found in the Indian press over the weekend and would like to share with you. Rather than present stories of great national importance, we would like to highlight some of the items that you are less likely to see in world news reports. Any opinions that the author might express are surely beneath contempt, and are not necessarily those of Thomson Reuters.

Tennis pro Maria Sharapova visited India. Gushing ensued. "The 25-year-old, here to announce her partnership with UK-based real estate company Homestead, sported an infectious smile throughout the interaction even though the lensmen could not get to focus enough of capturing the blonde beauty. 'Well, it is just the hair and make-up you know. I don't wake up looking like this,' quipped Sharapova when a scribe called her pretty. Here only for a day, Sharapova said food and culture was something she would take back from India. 'I arrived last night and asked the chef what should I try of the Indian food. I had a dosa which tasted really nice. I wanted to have this great Indian experience. There is so much energy in the city, I have been in some quiet areas recently, resting. I really like the culture and people. You all have been really welcoming.'" Final score: love-love. (NDTV)

from Expert Zone:

India Market Weekahead: Trading subdued but markets back on track

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(The views expressed in this column are the author’s own and do not represent those of Reuters)

Last week was a volatile one with the stock market poised for a surge but the Nifty eventually closed in the red with a loss of 0.20 percent at 5686.

from MacroScope:

Resurging inflation to put a dampener on India’s festive spend

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A perfect storm may be gathering over India's economy, brought on by a peak in inflation just as the country's festive season, which is critical to consumer demand, gets under way.

Purse strings are loosened most in India during this season, which began with Navratri on Oct. 15 and will linger on with the festival of lights, Diwali, in a couple of weeks and culminate with Christmas.

from UK News:

Best of Britain: War and peace

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Two events highlighted the past week's Best of Britain photos: Remembrance Day and the protests that made their way inside the Conservative Party headquarters.  In a simultaneous mirror of war and peace, there were the somber Remembrance Day vigils honoring those who'd given their lives in war, contrasted with the chaos of student protesters, angry at the Conservative Party's plans for higher tuition fees and cuts to education.

Also included are photos of a girl celebrating Diwali and a scientist showing a new high tech material that can manipulate visible light.

from FaithWorld:

October a busy month for Indian religious festivals

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October is a busy month for Indian religious festivals in India. Here are Reuters videos from three of them.

Diwali, the five-day festival of lights, was celebrated by Hindus, Sikhs and Jains across the country with fireworks and prayers. It marks the return of Lord Raama to his kingdom Ayodhya after defeating Ravana, the ruler of Lanka, in the ancient epic Ramayana.

from India Masala:

All the Best: Adding that Diwali sparkle

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Watching three films in the space of 18 hours isn't easy, especially when the first two are films like "Blue" and "Main Aur Mrs Khanna".

When I settled into my seat to watch Rohit Shetty's "All the Best", I was really hoping for some laughs. Thankfully, I got my share of them.

from India Insight:

Days of darkness during Diwali?

Diwali, the festival of lights, is here but do we see a pall of gloom with the BSE Sensex crashing more than 50 percent since January 2008?

Things have come to such a pass that some people have simply stopped looking at their portfolios. They think it's too late now to cut losses.

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