Bank of Baroda makes entire provision in third quarter, posts Rs.3,342 crore loss - The Hindu
The crack down at the Jawaharlal Nehru University setting off a huge storm for an event held on Tuesday, is extensively covered by the Press. The top Hindu headline reads "Government acts tough, JNU student leader charged with sedition". The arrest followed pro-Afzal Guru slogans on campus.
"No relief from Supreme Court, Sonia and Rahul to face trial", headlines The Indian Express. Stating that it finds no justification in quashing the criminal prosecution of the Congress president and vice president in the National Herald case, the Supreme Court yesterday held that the trial against Sonia Gandhi and Rahul Gandhi shall proceed, but exempted them from personal appearance.
The Times of India reports that David Coleman Headley's life as an agent for multiple master's came to the fore during yesterday's interrogation as he revealed that after the successful completion of the 26/11 attacks with the LeT, he was recruited by the Al-Qaeda in a bid to strike terror in Delhi, the main target being Delhi's National Defence College - due to it being a high value target with presence of senior officers.
"PDP, BJP relenting", reports Hindustan Times. Nearly a month after Governor's rule was imposed in J & K, signs of thaw are emerging between the People's Democratic Party and the BJP, with both parties ready to climb down from their hardened position.
Quoting Finance Minister Arun Jaitley, The Pioneer writes - 'Don't panic, keep faith in our robust economy.' He assured investors to keep faith in the inherent strength of the Indian economy, rather than getting swayed by the global head winds.
"A slice of Darjeeling's heritage lost to fire" - reports Hindustan Times. A devastating fire gutted a part of the hundred year old DOW HILL School in Kurseong.
And finally, The Times of India reports that globally the effects of El Nino on deep sea organisms such as coral reefs have already begun. Scientists are anticipating that an unprecedented mass coral bleaching could take place this summer, which would most likely cause huge damage to coral reefs.