The Centre ordering a comprehensive inquiry into the massive multi-crore West Bengal 'chit fund scam', is highlighted by the Press. "SEBI digs deeper, chit scam gets bigger", is the Indian Express top headline. Mail Today writes, "Cheat fund Chief drags in Big names".
The draft report of the Joint Parliamentary Committee on 2G Spectrum also receives prominence in all newspapers.
The Hindu says External Affairs Minister Salman Khurshid expects the military stand-off over Chinese troops camping on Indian territory to end through diplomatic channels, placing confidence in the recently set up Joint Mechanism on Border Affairs.
"Not reporting child sexual assault a Crime" reports Hindustan Times. The Supreme Court said on Thursday that Silence will be a crime in sexual offences against children below the age of 18 years.
"Parliamentary panel opposes automatic promotion under RTE", writes the Hindu. The provision of automatic promotion up till class VIII may not motivate a student to work hard, if promotion is guaranteed.
Business Line reports that RBI has warned foreign companies not to use direct investment to set up entities in India to trade in currencies, securities and commodities without its approval.
The Financial Express says, "Meet fuel efficiency norms in 3 years or shut shop: Government tells car makers". the government plans to give car makers till 2017 to meet the new fuel efficiency standards - that are slated to be announced in the next few months.
And finally, Times of India writes that after the recent archaeological discoveries of remains of a massive 'catering' type operation in Egypt, scientists claim that the builders of the famous Giza pyramids were fed 1,814 kilograms of meat everyday and take good care of, to make the daunting job more attractive.