-The Indian Express The Supreme Court on Tuesday agreed to hear the Centre’s plea to review its verdict on amending the RTI Act to ensure that only serving and retired judges of the apex court and chief justices of high courts could head the central and state information commissions. A Bench of Justices A K Patnaik and Swatanter Kumar decided to hear the review petition in the open court. Asserting that the court...
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RBI Rules Out Introduction of Islamic Banking
-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...
More »Soon, aircraft-like toilets for railways -Rohan Dua
-The Times of India CHANDIGARH: Tired of avoiding a visit to Indian Railways toilets reeking with a nauseating stench? Get ready to excuse yourself into natty and fanciful washrooms fitted with airplane-like vacuum toilets. New railway minister Pawan Kumar Bansal, who hails from Chandigarh -- one of the cleanest cities of India -- has put the new aviation style engineering design for railways on a fast track. "We have identified some 55 cities...
More »Pitfalls for subsidy targeting -Subir Roy
-The Business Standard Cash transfer is targeted at the poor, but Aadhaar has no role in identifying the poor The disbursement of subsidies through direct cash transfers is round the corner. It will begin in 51 districts in the new year, just over a month away, and in half the country in four months’ time. So it is important to ask: do we have the capability to take on this job,...
More »Greenhouse gas concentration reached record high in 2011, says UN report
-The United Nations The amount of greenhouse gases in the atmosphere reached a new record high in 2011, according to a new United Nations report released today, ahead of the start next week of the latest round of global climate changes talks. The UN World Meteorological Organization (WMO), which produced the 2011 Greenhouse Gas Bulletin, said that between 1990 and 2011, there was a 30 per cent increase in radiative forcing –...
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