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Ban on China toy imports 10:20 PM

NEW DELHI - INDIA banned imports of toys from China on Friday in an apparent bid to shield domestic manufacturers from cheap imports.

'This restriction will remain in force for a period of six months,' said an official from the Directorate General of Foreign Trade, which imposed the ban.

India growth to slow 10:21 PM

NEW DELHI - A TOP Indian government panel cut its growth forecast for Asia's third-largest economy on Friday, blaming a battering from the global slowdown, and its chief said there was room for more cuts in interest rates.

In its review of the economy, Prime Minister Manmohan Singh's Economic Advisory Council said expansion would slow to 7.1 per cent for the current fiscal year to end March, from a previous estimate of 7.7 per cent.