-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...
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Land grabbing, officially -M J Antony
-The Business Standard No full stops for forcible acquisition, poor compensation Lawmakers have been tinkering with a new land acquisition regime for a cynically long number of years. However, there is no change at the ground level. The news that a displaced woman in Madhya Pradesh immolated herself last week, starting a Chita (funeral pyre) satyagraha, was buried below the fold in the last page of newspapers. Meanwhile, more and more gross...
More »Delhi's sex ratio increases, still below national ratio
-PTI Delhi's sex ratio has increased from 821 in 2001 census to 866 in 2011 but it is still below the national ratio, according to data released by Delhi Government which puts the city's population at 1.67 crore. Delhi Statistical Hand Book released by the city government states that the sex ratio was 866 females per 1,000 males in the capital in 2011, as compared to 821 females per 1,000 males in...
More »New UN report finds rate of new HIV infections has fallen by half in 25 countries
-The United Nations A reduction of more than 50 per cent in the rate of new HIV infections has been achieved across 25 low- and middle-income countries – more than half in Africa, the region most affected by HIV – according to a new United Nations report, which shows that unprecedented acceleration in the AIDS response is producing results. “The pace of progress is quickening – what used to take a decade...
More »Nearly 71 per cent of Indians aged between 60 and 80 years forced to work: Survey
-IANS Nearly 71 per cent of India's elderly aged between 60 to 80 years are compelled to work, said a survey conducted by United Nation Population Fund (UNFPA) India. The survey, partnered with many other organisations, noted that 71 per cent elderly work due to economic necessity and not by choice, and that there is a close link between current work participation and poverty and illiteracy. The survey was done in seven...
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