Wednesday, July 17, 2013

Government opens FDI floodgates to boost economy, rupee


"Government opens FDI floodgates to boost economy, rupee" reads the Hindustan Times headline. The paper adds that the Government is desperate to spur the economy and stem the rupee's slide, therefore relaxed the investment caps for foreign investors in a range of sectors. The story has been covered by almost all the dailies.

It will be business as usual for over 75,000 dance girls and women rendered jobless by the Maharashtra Government in 2005 by banning dance bars. This has become possible following a Supreme Court judgement. The Tribune has covered it on its front page, along with a photograph under the headline "No bar on Mumbai dance girls, rules SC".

To prevent rising incidents of acid attacks, especially against women, the sale of acids will be regulated by strict guidelines and the strength of the harmful substance to be sold in retail would be reduced, the centre has informed the Supreme Court reports the Asian Age.

The Hindu on its front page writes under the headline "Poverty levels down by 15 percent in eight years". Elaborating the paper adds that poverty levels across India decreased approximately 2 per cent year on year, primarily due to high economic growth rate. The steepest decline in poverty was reported amongst the poorer states.

In the first fallout within the party, post Narendra Modi's "Puppy" remark, Delhi BJP vice president and well known theatre personality Aamir Raza Hussain has resigned from the party, a day after he had made anti-Modi remarks on television reports the Delhi Express.

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