Govt has set things in motion, time for industry to reap benefits, says Prime Minister Narendra Modi
Top banks reducing rates after RBI nudge, end of the road for 10-year old diesel vehicles and the killing of twenty sandalwood smugglers by Andhra cops dominate the press today.
The Business Standard writes " Banks bow to RBI pressure". The Asian Age states "Rajan 'forces' banks to signal lower EMIs"
National Green Tribunal banning decade-old diesel vehicles in Delhi, & NCR is widely noticed. The Indian Express headlines it, "Death by breath: Green Tribunal acts".
The Hindu reports " 20 woodcutters from Tamil Nadu gunned down by Andhra Pradesh Police". The Indian Express comments "In cold blood: in 2 states" adding, 5 terror suspects were ALSO shot dead on way to court in Telangana, three days after four policemen were shot dead by alleged SIMI activists.
The Times of India writes "Cabinet clears creation of real estate regulator" but Tribunal's power to punish builder diluted.
A Hindustan Times special feature reports, "Child Labour law set to be relaxed" to allow children below the age of 14 to work in select family enterprises if it doesn't hamper their education.
The Hindu states "Jammu & Kashmir to create separate zones for Kashmiri pandits", a move seen by many as the creation of "a State within a State"
The Tribune notices, in a bonanza to over one crore Central Government employees and pensioners, the Cabinet has hiked the Dearness Allowance by 6 per cent to 113 per cent of their basic pay with effect from January.
The Pioneer carries a story of road rage victim Shahnawaz having himself made a call to the PCR on Sunday night but was left to die, as staff of 3 police stations bickered over jurisdiction.
And finally, the Hindu and the Pioneer inform, Telecom Regulatory Authority of India recommends '112' on the lines of America's '911', as a single emergency phone number, accessible even when outgoing call facility is suspended on a phone.