India's biggest fake currency racket is being operated with the aid of officials at Pakistan's High Commission in Dhaka

NEWSPAPERS HEADLINES

The quick developments that dramatically escalated confrontation between the Pakistan army and civil authorities are to be seen on the front pages this morning. "Coup fears resurface in Pakistan as the Gillani- Kayani spat turn ugly" is the first headline on the Times of India. "Panikistan' teeters on Razor's edge" writes the Mail today.

The Election Commission stalling 4.5 per cent sub-quota in poll states is also noticed by the press. The Hindustan Times headlines "EC cites code, Stays minority quota in five poll bound states".

The Statesman reports - 'Ruling out bailout for ailing private carriers including King Fisher Airlines, the Civil Aviation Minister Ajit Singh, said they will have to come up with a viable business plan, as the government will not bail out any private airline.

On the recent fake currency notes issue, the Asian Age writes - the network running India's biggest fake currency racket is being operated with the aid of officials at Pakistan's High Commission in Dhaka. Classified reports show that Pakistan's ISI was printing Indian currency notes in Karachi. These were airlifted to Bangladesh via diplomatic bags and then smuggled into India through the porous Indo-Bangladesh border.

"Andamans told by government: probe video on tribal dance" headlines the Asian Age. The Indian Express quoting the UK journalist who covers South Asia for the 'Observer', writes that the video showing Jarawa women in Andaman dancing before tourists for food - is old and was obtained from tour guides.

And finally, the Times of India writes that two brothers, Vishal and Amish Thakkar from Thane have cracked India's toughest B-School exam, CAT, with 99.81 and 99.99 percentile, missing the centum by a whisker.