Monday, October 14, 2013

Govt to invest Rs 9000 cr on weather & cyclone forecasting

Govt to invest Rs 9000 cr on weather & cyclone forecasting 


    The trail of destruction left by cyclone Phailin and the stampede tragedy at the Devi temple in Ratangarh, Madhya Pradesh are the lead stories in most papers of the day. Referring to the cyclone, The Financial Express writes "Storm passes, struggle begins" and the Times of India says "Property worth crores lost, but precious lives saved".
    All the 18 fishermen, of Kanyakumari district in Tamil Nadu, who were stranded in the sea as the furious Phailin cyclone struck the Odisha coast braved the rough tides and swam to safety, early yesterday morning, writes the Hindu.
    "Big Banking reforms soon Rajan". under that Headline. The Asian Age reports RBI governor Raghuram Rajan saying that the Reserve Bank will soon come out with major reforms in the banking sector, which will allow foreign banks to enter India in a big way and even take over domestic leaders.
    The Indian Express reports that Finance Minister P Chidambaram met his American counterpart Jack Lew yesterday and raised concerns of Indian IT companies on Visa issues in the comprehensive immigration reform bill, that is under consideration of the US Congress.
    "US struggles for Shut down solution", reads the headlines Times of India story which says that the Senate held a rare Sunday session as the world bank chief said that the crisis may spell global disaster.
    "Don't let the elderly grow lonesome", says Hindustan Times. The paper writes that Urban loneliness, especially among the elderly is a common phenomenon now-a -days and the solution starts with the family, which, along with society should get involved with older people and build emotional connect.
    And finally, in cheerful news for women's empowerment, the Pioneer writes "Trend setter : Southern Railway puts women in the driver seat". The story goes on to say that the " black beauties" of Indian Railways might have been edged out long back by modern day locomotives, but the real beauties have taken over the demanding jobs of locomotive drivers.

1 comment:

  1. Good article, very interesting read. Thank you for posting!

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