Tuesday, August 25, 2015

Black Monday: Sensex crashes 1,624 points; wipes out Rs 7 lakh cr from investors' wealth

Black Monday: Sensex crashes 1,624 points; wipes out Rs 7 lakh cr from investors' wealth


The aftermath of the canceled NSA level talks between India and Pakistan dominate the front pages. The Indian Express quotes Union Home Minister Rajnath Singh as saying "Pak cancelled talks, not India". The Tribune reports  Pakistan's National Security Advisor Sartaj Aziz as saying "DGMO level meeting to go as planned".

In a front page exclusive, "Launch covert op on Dawood", the Mail Today writes "Ex Home Secretary and BJP MP R K Singh says operation to take down the don in Pakistan was compromised in the past and time is ripe for Modi government to order a fresh strike".

The gunning down of a builder with a criminal background in South Delhi is prominently noticed in the national dailies. "1 dead, 5 arrested as gang wars erupt in South Delhi" states the Hindustan Times. The Hindu reports "Criminal shot dead, police chase, nab rival gangsters".

The participation of Union Minister and former Army Chief General V K Singh's daughter in the One-Rank-One-Pension or OROP protest at Jantar Mantar is widely noticed in the press. The Times of India quotes her as saying "Hope Modi keeps OROP vow".

Most papers take note of the tension building up between the agitating Patel community and the Gujarat state government regarding OBC status for the former. "Gujarat rules out quota for Patels" reports the Asian Age. The Pioneer observes "Gujarat Patels stick to guns despite Anandiben snub".

Media reports seem to suggest that we still havent heard the last word on the Maggi noodles controversy. "Maggi days may be back again by end of year, says Nestle MD" reports the Hindustan Times. Meanwhile, the Indian Express reports that another brand of noodles is in trouble as it notes "After Maggi, excess lead found in samples of Yipee noodles".

And finally...The Defence Research and Development Organisation or DRDO and Yoga Guru Baba Ramdev's Patanjali Ayurveda have come together in an interesting alliance report the papers. "DRDO-Ramdev to make, market herbal products" writes the Times of India.

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