| RBI cuts repo rate by 50 bps (Reuters) Posted: 01 Nov 2008 03:05 AM CDT  Reuters - The Reserve Bank of India (RBI) on Saturday unexpectedly cut its repo rate or main short-term lending rate by 50 basis points to 7.5 percent and banks' cash reserve requirements by 100 basis points to 5.5 percent.
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| Police question Muslims for Assam bombings (Reuters) Posted: 01 Nov 2008 02:18 AM CDT  Reuters - Police detained three Muslims on Saturday after a little-known Islamist group claimed responsibility for bombings that killed 77 people in Assam.
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| The week that was: Most popular on Reuters (Reuters) Posted: 01 Nov 2008 01:33 AM CDT  Reuters - Here is a roundup of the most popular stories over the week from the world of business, politics, general news and entertainment.
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| Clarke fifty continues gritty Australian fightback (Reuters) Posted: 01 Nov 2008 01:44 AM CDT  Reuters - Vice-captain Michael Clarke made his 10th test fifty to continue Australia's superb fightback against India on the fourth day of the third test on Saturday.
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| Gambhir ban again sours India v Australia clash (Reuters) Posted: 31 Oct 2008 02:35 PM CDT  Reuters - Batsman Gautam Gambhir's one-test ban has again drawn attention to the acrimony that has marred India's recent tussles with Australia.
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| Google may scrap Yahoo deal - sources (Reuters) Posted: 31 Oct 2008 10:59 AM CDT  Reuters - Google Inc may decide to scrap its proposed partnership with Yahoo Inc rather than accept government-imposed antitrust restrictions on it, according to two sources familiar with the companies' discussions.
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| Travel Picks: World's 10 best places of final rest (Reuters) Posted: 31 Oct 2008 06:12 AM CDT  Reuters - Above ground, or six feet under, "Lonely Planet's Best in Travel 2009" guide lists the world's top 10 cemeteries, which are prime spots for both the living and the dead. Reuters has not endorsed this list.
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| Indian stocks surge, bonds look for rate cut (Reuters) Posted: 31 Oct 2008 04:49 AM CDT  Reuters - Indian shares soared and bond yields fell as a rise in overnight lending rates to 21 percent on Friday stoked expectations the central bank would lower interest rates or take liquidity-boosting steps to ease the strain.
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| Govt pushing ahead on insurance FDI reform (Reuters) Posted: 31 Oct 2008 05:37 AM CDT  Reuters - The government is pushing ahead with delayed plans to increase the cap on foreign direct investment in insurance companies to 49 percent from 26 percent and other reforms, the finance minister said on Friday.
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| U.N. says Congo rebel leader should keep ceasefire (Reuters) Posted: 31 Oct 2008 05:02 AM CDT  Reuters - U.N. Secretary-General Ban Ki-moon said on Friday that Congolese rebel leader Laurent Nkunda should keep a ceasefire declaration and engage in dialogue.
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| FACTBOX - Main suspects behind blasts in Assam (Reuters) Posted: 31 Oct 2008 09:02 AM CDT  Reuters - Eleven bomb blasts in quick succession ripped through Guwahati and three other towns in Assam on Thursday, killing 77 people and wounding more than 320, police said.
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| India suspects Islamists, separatists in Assam attack (Reuters) Posted: 31 Oct 2008 08:30 PM CDT  Reuters - Authorities suspect that Islamist groups in collusion with separatist militants carried out coordinated bomb blasts in the Assam that killed 77 people and wounded more than 320.
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| Ponting leads Australia fightback (Reuters) Posted: 31 Oct 2008 08:22 AM CDT  Reuters - Occasional off spinner Virender Sehwag grabbed three wickets but Ricky Ponting struck 87 as Australia reached 338 for four on the third day of the third test against India on Friday.
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| India (613-7 dec) v Australia (338-4) third test - close (Reuters) Posted: 31 Oct 2008 07:02 AM CDT  Reuters - Australia were 338 for four wickets in reply to India's first innings 613 for seven declared at the close on the third day of the third test on Friday.
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| Indian shares provisionally close up 8.9 pct (Reuters) Posted: 31 Oct 2008 05:12 AM CDT  Reuters - Indian shares provisionally rose 8.93 percent on Friday, powered by gains in Reliance Industries, and boosted by speculation the central bank may ease monetary policy following rate cuts elsewhere.
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