Friday, June 24, 2016

Volkswagen to pay $10 billion to settle lawsuit over emissions scandal

Volkswagen to pay $10 billion to settle lawsuit over emissions scandal


    The government expressing full confidence in chief economic adviser Arvind Subramaniam is reported prominently on the front pages of all the dailies this morning. "Jaitley defends Chief Economic Adviser after Swamy's salvo"headlines the Hindu. "Jaitley snubs Swamy, backs top economic adviser" leads Hindustan Times.
    On the upcoming crucial Nuclear Suppliers Group(NSG) meeting the Pioneer leads "India's NSG bid support swells". "France adds to US pressure on China" notes the Asian Age. "Jaishankar in Seoul for NSG push"states the Hindu.
    Referring to the mega telecom spectrum auction plan the Business Standard reports "Government clears biggest spectrum auction". "Cabinet okays telecom spectrum mega auction"is the banner headline in the Business Line. The paper writes that 2,142 mhz have been put up for auction in the major bands. 700mhz is the most expensive band.
    "Government brings in labour reforms via  6000 crore Rupees textile package" writes the Times of India. "6000 crore Rupees pushed for textile sector", informs The Tribune adding that the centre expects move to create 1 crore jobs, increase exports by 30 billion dollars in 3 years".
    "ISRO records a huge achievement, puts 20 satellites into prefixed orbit" says The Pioneer. "A 20 shot salute to ISRO" quips The Asian Age.
    "Good news for start ups: govt approves 'Fund of Funds' " headlines The Business Line. The paper writes that the cabinet approved a Rupees 10,000 crore 'Fund of Funds for start ups' (FFS) with an aim to generate 18 lakh jobs. Several papers report about LIC Chairman S.K Roy resigns mid way 2 years before his term ends.
    All the papers note the passing away of Pakistani Sufi singer Amjad Sabri. Sabri of the famed Sabri Brothers was shot in the head and chest by motorbike borne assailants in a targeted terror attack in Karachi.
    The Pioneer and its bottom spread carries the shocking story of medical negligence at a Delhi's leading private hospital, Fortis. Doctors operated on the left leg of a patient whose right leg was fractured and required treatment.
    And finally, Blueberries may slow ageing. Well the Hindustan Times reports that eating blueberry may slow ageing, improve vision and memory, according to a study.

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