ZHANG:
In our top story today: the Indian city of Mumbai is still in chaos. Yesterday, well-coordinated terrorist attacks rocked the city. Over a hundred people are dead, and the Indian military is carrying out operations to bring order back to the region.
STORY:
Indian commandos trying to flush out armed militants in Mumbai on Friday, more than a day after attacks that have left at least 119 people dead and over 300 wounded.
Sporadic gunfire and explosions continued at a Jewish center where at least 10 Israelis were trapped or held hostage, while militants still hold hostages at two Mumbai luxury hotels.
Indian forces were dropped by helicopter on the center's roof early Friday, while commandos have battled often room to room in the hotels, landmarks in the city of 18 million that is the nerve center of India's growing economic prowess.
Prime Minister Manmohan Singh pinned the attacks on militant groups based in India's neighbors, usually meaning Pakistan, raising the prospect of renewed tensions.
Pakistan has promised full cooperation and condemned the attacks in which some 25 men with assault rifles and grenades fanned out across the commercial capital Wednesday.
The attacks, targeting hotels and tourist sites, left at least six foreigners dead, while police say at least seven attackers have been killed and nine taken into custody.
Mumbai has faced the biggest chaos since serial bombings in 1993 killed 260
people.
Its financial markets have been closed because of the violence, but the Bombay Stock Exchange, down more than 50 percent this year, and the Indian rupee are expected to face selling pressure once trading resumes.
India's central bank was likely to cut interest rates, perhaps by a full percentage point to 6.5 percent, to try to boost investor confidence.
u r dumb then
miankhaliq 3 years ago
Love getting your perspective on the news
Grimace 3 years ago