5 soldiers killed in Pak ambush
Army patrol attacked in Poonch;
Delhi summons Pak Dy High Commissioner
Jammu/Poonch, August 6
Pakistani Army’s Border Action Team, which is an amalgam of Pak Army regulars and Lashkar-e-Toiba terrorists, ambushed an Indian patrol and killed five troopers after breaching the Line of Control in Poonch district late last night.

Nation page:
It was ‘well-planned border raid’
Not prudent to suddenly call off talks with Pak: Congress
Topography makes Poonch easy target

Antony draws Oppn wrath over remarks on LoC attack
New Delhi, August 6
Defence Minister AK Antony’s statements in the Lok Sabha and the Rajya Sabha today that the attack in Poonch was carried out by “terrorists along with persons dressed in Pakistan Army uniform” sparked a controversy and drew flak from political parties.

PIL in SC against Durga’s suspension
New Delhi, August 6
A public interest litigation has been filed in the Supreme Court seeking quashing of the Uttar Pradesh Government’s orders suspending IAS officer Durga Shakti Nagpal as SDM of Gautam Budh Nagar for allegedly directing demolition of an under-construction mosque compound without bothering about the possibility of a communal flare-up.

Editorial: IAS in crisis

Raghuram Rajan to be new RBI Governor
New Delhi, August 6
Chief Economic Advisor Raghuram G Rajan, who as IMF economist had predicted the 2008 global crisis, was today appointed the new RBI Governor. Rajan (50) will succeed D Subbarao, who by his hawkish policy stood his ground on continuing with a tight monetary policy despite repeated entreaties from the government to ease interest rates to boost growth.

Business page: Sensex nosedives 449 points as rupee hits new historic low

SC to review govt’s drug pricing policy
New Delhi, August 6
The Supreme Court today agreed to examine the new national pharmaceutical pricing policy framed by the government for fixing prices of essential medicines in the country. A Bench headed by Justice GS Singhvi asked the Centre to file its response on a petition challenging the policy and raised questions on prices of medicines fixed by government.

Haryana offers affordable housing bonanza Cabinet gives nod to new policy A 500 sq ft flat worth Rs 20 lakh on cards Chandigarh, August 6 Owning a flat may seem a far-fetched idea to the common man but Haryana’s ‘Affordable Policy 2013’ is set to change all that. With the Cabinet giving its nod to a policy for mass availability of dwelling units at rates that are easier on the common man’s pocket, a 500 sq ft flat will now cost Rs 20 lakh in the high potential towns of the state.