-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...

-The Hindu For any law to truly liberate those trapped in manual scavenging, their numbers must first be established by a comprehensive survey Everybody declares with a full heart, and in a low voice, that it is a national shame. From Manmohan Singh and Pratibha Patil to Mukesh Ambani and Aamir Khan, the last mentioned a new convert to the Dalit cause, there is no dearth of people queuing up to take...

-PTI The hanging of 26/11 terrorist Ajmal Kasab in a Pune jail comes a day after India opposed a UN General Assembly draft resolution which sought abolition of the death penalty, with New Delhi arguing that capital punishment in India is exercised in case of a crime so heinous that it "shocks" the conscience of society. Kasab, the lone surviving terrorist, had along with 9 other Pakistani gunmen killed over 160 people...

-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 –...

-The Times of India After much confusion and protests, new cooking gas norms for weeding out duplicate and bogus connections appear to be finally working. Over 30,000 Indane customers alone surrendered their second connections last week, a senior oil ministry official told TOI on Monday. The official estimated the total number of customers who have surrendered connections in the region of over 50,000, considering that Indane - marketed by IndianOil - covers...