Yahoo! News: India Top Stories - Reuters

India slashes rates, lures funds to aid growth (Reuters) Posted: 02 Jan 2009 08:47 AM CST Reuters - India slashed its main interest rates by 1 percentage point on Friday, its fourth cut in four months, and tried to draw more funds into the country to boost growth as it warned of a tough year ahead.

Sri Lanka bombs Tigers in north after fall of HQ (Reuters) Posted: 03 Jan 2009 05:15 AM CST Reuters - Sri Lankan jets and attack helicopters bombed Tamil Tiger positions in the north of the island on Saturday, the military said, a day after ground forces seized the rebels' de facto capital Kilinochchi.

Pakistan stops hockey team travelling to India (Reuters) Posted: 02 Jan 2009 08:51 PM CST Reuters - Pakistan's government has stopped the national hockey team taking part in a tournament in India because of security concerns amid the simmering tension between the neighbours over November's militant attacks in Mumbai.

Kashmir protests over assault on Gaza, 50 injured (Reuters) Posted: 02 Jan 2009 10:02 AM CST Reuters - At least 50 people were injured when baton-wielding police in Jammu and Kashmir fired teargas shells on Friday to disperse hundreds of Muslims protesting at Israeli strikes on Gaza, police and witnesses said.

Sania Mirza wishing for injury-free year (Reuters) Posted: 02 Jan 2009 10:32 AM CST Reuters - India's Sania Mirza said she hoped an injury-free season would see her return to the higher echelons of the world rankings after a year ruined by a chronic wrist problem.

Relaxed Gambhir looks to build on dream year (Reuters) Posted: 02 Jan 2009 05:56 AM CST Reuters - India's Gautam Gambhir remains committed to the relaxed approach that helped him end a dream 2008 as an established test opener.

Sri Lanka captures rebel HQ; 3 killed in Colombo (Reuters) Posted: 02 Jan 2009 03:15 PM CST Reuters - Sri Lankan troops captured the Tamil Tigers' headquarters town on Friday in one of the biggest setbacks for the rebels in years, but in an apparent riposte a suspected suicide bomber killed three airmen in the capital Colombo.

Govt unveils its second stimulus for slowing economy (Reuters) Posted: 02 Jan 2009 08:50 AM CST Reuters - The government on Friday said it would ease foreign borrowing rules for firms in the infrastructure and real estate sectors, and raised the foreign investment limit in corporate bonds to $15 billion.

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