Friday, November 18, 2016

Volkswagen plans 30,000 job cuts worldwide

Volkswagen plans 30,000 job cuts worldwide


The government rejecting roll back of demonetisation, cash withdrawal limits being raised and proceedings of both houses stalled over the demonetisation scheme are some lead stories across papers today.
"New steps to ease chaos", says the Asian Age while the Financial Express writes "Centre takes more firefighting steps."
Under the headline "Banks stumped as regulations change faster than notes", the Economic Times writes that multiple flip-flops since November 8th are leaving bank branch officials muddled.
The Indian Express reports that with the currency crunch following demonetisation pushing workers in Kerala's dairy, cashew and plantation sectors into severe crisis , owners are warning that hundred of families may have to go without food this weekend.
Nearly all papers have written about the Samajwadi Party revoking the expulsion of Senior Party leader Ramgopal Yadav, in a move to end a power struggle within Uttar Pradesh's ruling family that threatens to undermine its chances in the state elections next year.
In an exclusive report, the Hindustan Times writes that the Indian Air Force is examining a proposal to gather data on the performance of its first female fighter pilots, potential difficulties due to physiological attributes and cultural issues in the male dominated military.
And finally, On a cautionary note the Mail Today writes that according to a study, fatty foods and excessive sugar stunt the development of children's brains, drastically raising their risk of developing a mental illness or Alzheimers.

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