Yahoo! News: India Top Stories - Reuters

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• RBI relaxes provisioning norms for banks (Reuters)
• India coach Houghton quits after racism charges dropped (Reuters)
• Pakistan army boss Kayani says militants' back broken (Reuters)
• Libyan soldiers say army retreating from Misrata (Reuters)
• Libya says army may halt fighting in Misrata (Reuters)

RBI relaxes provisioning norms for banks (Reuters) Posted: 23 Apr 2011 01:23 AM PDT Reuters - The Reserve Bank of India (RBI) relaxed the provisioning norms for banks with retrospective effect from September 30, 2010, which in turn could help banks post higher profits.

India coach Houghton quits after racism charges dropped (Reuters) Posted: 23 Apr 2011 06:29 AM PDT Reuters - India's national team coach Bob Houghton has resigned after racism charges levelled against him were dropped, the country's soccer federation said on Saturday.

Pakistan army boss Kayani says militants' back broken (Reuters) Posted: 23 Apr 2011 12:31 AM PDT Reuters - Pakistan's military has broken the back of militants linked to al Qaeda and Taliban, the country's powerful head of the army said in a speech on Saturday that followed criticism from the United States that it wasn't doing enough to fight militancy.

Libyan soldiers say army retreating from Misrata (Reuters) Posted: 23 Apr 2011 01:01 AM PDT Reuters - Libyan troops captured by rebels in Misrata said on Saturday the army had been ordered to retreat from the besieged port, marking a possible shift in a two-month revolt against leader Muammar Gaddafi.

Libya says army may halt fighting in Misrata (Reuters) Posted: 22 Apr 2011 08:08 PM PDT Reuters - NATO air strikes may force Libya to halt fighting by its army in the besieged port of Misrata and let local tribes take over the battle, the government said, in what could amount to an important shift in the battlefield city.

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