An Indian soldier in Kashmir was beheaded and two others killed by Pakistani commandos who crossed the Line of Control at Machil; New notes of Rs 2,000 were found on two terrorists killed in an encounter in Bandipora in Jammu and Kashmir on Tuesday; The death of 3-year old and the lathi-charge outside a bank are the many tragic side-effects of the currency ban; The BJP and Mamata Banerjee's Trinamool Congress won crucial by-elections today - and both parties said the results prove that the people support their stand on the ban of old notes; All this and more in our news wrap of the day.