Monday, June 3, 2013

Realty bubble set to pop


Most papers lead with the story of BCCI chief N. Srinivasan's stepping aside and not stepping down from his post after yesterday's emergency meeting of the BCCI at Chennai. In a detailed report, the Times of India quotes the BCCI Joint Secretary Anurag Thakur as saying, nobody dared ask Srinivasan to quit, only he spoke for first 40 minutes.

"Indians caught up in Kuwait's expat cleansing", says The Pioneer. The paper writes that 1,50,000 Keralites in the Gulf nation are living in fear of persecution. Reports from Kuwait say that a minimum of 10,000 expatriates, of whom over 4000 are Indians, have been caught by the police in the past 2 months in anytime-anywhere raids and have been put into prisons pending deportation.

"Realty bubble set to pop", reads the headline of an exclusive report in Mail Today. The paper says that according to experts, the days of impressive returns in the real estate sector are over, home-buyers are staring at poor returns on their investments and developers are finding it hard to sell their units.

The humble vinegar, it turns out, is a life saver. Hindustan Times reports that a low cost, simple vinegar test has slashed cervical cancer death rates by 1/3rd, in a remarkable study of 1,50,000 women in the slums of India where the disease is the top cancer killer of women.

In a major policy shift, students in CBSE schools will now be told in advance, about passages or chapters in text books from where questions will be asked, says the Asian Age. This pilot project will be introduced for the annual exams of classes 9 and 11 in March 2014, reports the paper.

And finally, "School for the Blind achieves 100 per cent results this year too", says The Times of India. The paper writes that a special school for the visually impaired in Sundararajanapatti has been producing centum results for the last 18 years.

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