The ongoing political and economic situation in the country is covered extensively by the days' papers. A Tribune headline reads, 'With Trinamool gone, SP blows hot and cold'. Hindustan Times says that the SP Chief, while committing support to the UPA, said that he will support a resolution against FDI in retail, if TMC pushes for it.
Bengal Chief Minister Mamata Banerjee has decided not to field her party candidate against the President's son for Jangipur Lok Sabha bypoll, reports the Pioneer. The Statesman's headline of the story reads, 'TMC coming closer to President', 'to back Pranab son in Poll'.
'Shourie praises PM, backs diesel price hike', under that headline the Indian Express reports, the senior BJP leader Arun Shourie as saying that the hue and cry over FDI in retail is unnecessary.
'Reforms Juggernaut to Come Rolling into Market', under that headline, The Economic Times writes that the UPA lines up slew of steps to rev up growth. The Financial Express says that consumers paying 12 per cent service tax on food bills at restaurants and other services, could expect some relief. Hindustan Times in a lead story says that the Center hopes to switch over to cash transfer of subsidies to millions of beneficiaries by 2017, to improve efficiency of its welfare schemes and fiscal consolidation.
Many papers highlight India's 90-run win over defending champions England in the ICC World Twenty-20, with a thundering comeback by Harbhajan. Hindustan Times says, 'India send England spinning'. The Times of India's caption reads, 'Turbanator is back'.
And Finally, in some positive news for air travellers, the Economic Times writes that Air India and Jet Airways seem set to join the fare race to garner more market share this festive season, with discounts of up to 40 per cent on tickets booked a month in advance.