It's true that the newspaper circulation declined in print worldwide last year, but it more than made up with an increase in digital audiences, as per the World Association of Newspapers and News Publishers (WAN-IFRA) annual update of world press trends.
http://ummid.com/news/2011/October/15.10.2011/print_media_in_india.htm
http://ummid.com/news/2011/October/15.10.2011/print_media_in_india.htm