El Nino impact looms over monsoon, India likely to get below average rainfall - Firstpost
The Aam Aadmi Party war turning murky, with the expulsion of four AAP rebel founding-members and the consequent internecine battle, is covered extensively by today's Press. The Times of India headline reads "AAP rebels' ouster opens up a dirty linen factory". Hindustan Times says that AAP removed Patiala MP Dharamvir Gandhi as head of the party in Parliament, after he spoke out in favour of expelled leaders Prashant Bhushan and Yogendra Yadav.
"3 States seek 10,000 crore rupees farm relief"- headlines The Asian Age. Uttar Pradesh, Rajasthan and Haryana have sought this amount from the National Disaster Response Fund, for urgent relief to farmers.
Indian Express writes on a 're-rating' in market expectations by the UBS Bank, with the global brokerage firm cutting its nifty target for Dec 2015 from the projected 9,600 to 9,200 and many financial houses adjusting their expectations and coming out with subdued revised projections.
Hindustan Times writes that Chinese President XI Jinping departed Pakistan after what observers said was a hugely successful visit, and Nawaj Sharif terming the two nations as 'Iron brothers".
The Prime Minister's address to bureaucrats on the Civil Services Day, is noticed prominently by the Press. The Asian Age writes that Mr. Modi advised bureaucrats 'Not to live like robots, and to spend quality time with their families, as a life full of tension cannot achieve anything". He asserted that political intervention is necessary in a democracy, and should not be seen as a hindrance to good governance.
In a headline The Pioneer writes "Japan train breaks speed record ". The paper reports that Japan's state-of-the-art maglev train hits a top speed of 603 kilometres an hour.
And finally, The Times of India reports that the traditional role of 'Gold' as a store house of wealth has been usurped - and the two greatest stores of wealth today have become 'contemporary art' and 'luxury apartments' in cities such as New York and London.