Tuesday, February 12, 2013

300 firms under scanner as CBI widens Coalgate probe


The Allahbad Railway station stampede death toll rising to 36 and Pope Benedict, the XVI becoming the first Pope in 600 years to step down are the two lead stories in most papers.

The Hindustan Times cautions that hardening of international crude prices and the recently approved policy decision to pass on higher diesel prices in a staggered manner could set the stage for another round of fuel price hike.

The Hindu, in an update on the Coalgate scam writes "300 firms under scanner as CBI widens Coalgate probe" adding that CBI branches in 10 cities, banking and engineering experts and Corporate Affairs Ministry officers have also been roped in for the probe.

Reporting on social activism in the districts of Uttar Pradesh, Rajasthan and Uttarakhand, The Hindu writes that at a time when incidents of violence against women make headlines almost every other day, parallel efforts to reduce such violence and rehabilitate the victims are yielding positive results at several places.

Car sales set to decline in Financial Year 2013, First time in a decade writes the Indian Express reporting that growth of India's Automobile sector is expected to become negative in this fiscal, the worst performance in 9 years.
With the class X and 12 board exams fast approaching, The Hindustan Times Counsels, Don't Pressure your kids, learn to trust them,'' telling parents that they should stop worrying and avoid negative encounters with their Child.

And finally, papers report of Sitar Legend Ravi Shankar being awarded the best music album trophy posthumously at the 55th Grammys, pipping his own daughter Anoushka, a day after being honoured with the life time Achievement award by the Recording Academy.

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