Thursday, October 1, 2015

Thirsty Leopard Gets Head Stuck in a Pot

Thirsty Leopard Gets Head Stuck in a Pot


    The Reserve Bank of India cutting its key lending rate-the repo rate-by 0.50 percentage points to 6.75%, setting the stage for cheaper loans for consumers ahead of the festival season and more affordable bank capital for companies to aid investment dominates the front pages of all newspapers this morning. "Cuts for thrust to economy", headlines the Financial Express. "Cut to the chase now", leads the Economic Times.
    In some bad news for small savers, the Asian Age  reports that the Union Finance Ministry indicated on Tuesday it may lower interest rates on small savings schemes (mostly those that are offered by post offices and public provident fund, or PPF) to nudge banks to bring down their lending rates.
    All the newspapers report of three Delhi infants who moved the Supreme Court seeking ban on firecrackers during the festive season.
    Another story that finds mention in the papers this morning is that of the fight between two Gurgaon top cops - Joint Commissioner of Police (Traffic) Bharti Arora and Commissioner Navdeep Singh Virk, accusing each other of misconduct at a press conference in connection with a probe into a rape case registered in the city.
    The story of an Italian aid worker, Cesar Tavella, being shot dead in a high security diplomatic area in Bangladesh is covered by most papers prominently. The dreaded ISIS terror group has claimed responsibility for this attack.
    The Pioneer in its front page writes that there is a Paradigm shift on the right to privacy, as the Centre doesn't oppose Gujarat governments assertion in Supreme Court that it is an absolute right.
    A major sports related story that is noted by the newspapers today is that of the speculation on the election of the BCCI president being put to rest when the board secretary Anurag Thakur said on Tuesday that the former BCCI chief Shashank Manohar would be the consensus candidate.
    And finally, the Asian Age reports that an individual's ancestral background can be determined based on their fingerprint characteristics, according to a new research that may have applications in law enforcement and anthropological research.

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