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Beheading unpardonable, we’ll retaliate: Army Chief
New Delhi, January 14
In a stern warning to Pakistan, Army Chief General Bikram Singh today upped the ante saying India would retaliate militarily to the gruesome beheading of its soldier. It was an unpardonable act and its long-term strategic impact had been conveyed to India’s western neighbour, he said.

Fate of ceasefire hangs in balance : (Edit page)

At Poonch flag meeting,  Pak still in denial mode
Jammu/Poonch/Islamabad, Jan 14
The Indian Army today lodged a strong protest with Pakistan over the “barbaric” killing of two of its soldiers and recurring violations of the ceasefire agreement by the latter’s troops during the Brigade Commander-level flag meeting at Chakan-da-Bagh crossing point on the Line of Control (LoC) in Poonch.
Commander of the 10th Brigade, Brig TS Sandhu (R) with his Pakistani counterpart Faisal in Poonch on Monday.
  India-Pak flag meetings to change nothing on LoC: J&K page

Govt defers GAAR to April 2016
New Delhi, January 14
In a bid to attract foreign capital given the high current account deficit as well as allay the fears of overseas investors, the government announced Monday that implementation of the contentious General Anti Avoidance Rules (GAAR) have been postponed by two years to April 1, 2016.

Stocks soar to 2-year high on GAAR, inflation: Business page

Speaker to fix responsibility for screening of Majithia clip 
Chandigarh, January 14
The Punjab Vidhan Sabha Speaker is set to examine the issue of live telecast of House proceedings and fix responsibility for screening of the video clip of Revenue Minister Bikram Singh Majithia mouthing expletives in the Assembly during the ongoing Maghi Mela. 

 Editorial: Politics at Maghi mela

Inflation eases to 3-yr low, hopes of RBI rate cut rise
New Delhi/Mumbai, Jan 14
The country’s headline inflation slowed to its lowest level in three years, hardening expectations for an interest rate cut by the RBI later this month to boost an economy that is set to post its slowest growth in a decade.:(Details on Business page)

Golden Globes: ‘Argo’ wins best picture
Los Angeles, January 14
 Hostage-crisis drama 'Argo' beat civil war movie 'Lincoln' to win the best picture and best director awards at the Golden Globes today while 'Les Miserables' was named best musical or comedy with its actors Hugh Jackman and Anne Hathaway taking home a trophy each. (Details on World page)

Lakhs keep date with salvation
The exuberant hordes that bathed today in the sole “sun festival” of Hindus (all other Hindu festivals except Makar Sankranti depend on the movement of the moon) were foreigners. (Details on Nation page)

A sadhu takes a holy dip at Sangam in Allahabad on Monday. Tribune photo: Mukesh Aggarwal