India has emerged as one of this top 5 investment destination in the world

NEWSPAPERS HEADLINES 

The Finance Minister, Unveiling a fiscal consolidation plan is the lead story in most papers. "Fin Min wants to cut fiscal deficit to 3 per cent by 2016-17" writes the Business line. "PC acts on Kelkar's advice adopts 5 year deficit cut plan", reports the Asian Age.

"Rail Minister flags first major hike in 10 years", writes the Hindustan Times, reporting that after a decade of "no fake hike regime under a coalition government at the Centre, train fares are finally set to increase to save the mode of public transportation from virtual bankruptcy.

Hurricane Sandy and the United State bracing for it has been covered pictorially nearly by all papers on their front page.

Under the Headlines "Time to dissolve Parliament, says ex - army chief", the Indian Express writes previous army chief General (Retd) V.K. Singh formally joined hands with activist Anna Hazare on Monday and demanded the immediate dissolution of Parliament and fresh elections, saying the government was "not following the constitution".

"Penguin, Random agree to merge", says the Hindu, writing that Penguin and Random House, two of the world's tip english Language Publishing Houses have agreed to merge, in a move seen as a precusor to more such mergers as the publishing industry struggles of overcome growing competition from digital publishing, notably Amazon.

Reporting on PIL seeking medical aid for conjoined 16 year old twin girls from Bihar, the Indian Express writes that the Supreme Court has asked the centre for the expect committees report on the case within 2 days, after expressing unhappiness over the centre failure to submit the report so far.

And finally, The Pioneer writes that as per a Survey, India has emerged as one of this top 5 investment destination in the world, primarily in account of its large market size and high customer potential.