-The Indian Express Having faced criticism over objectionable content in school textbooks, the Central Board of Secondary Education (CBSE) has ruled that all 14,000 institutions affiliated to it must stick to NCERT and CBSE textbooks. All schools will also have to set up websites declaring relevant information, including details pertaining to textbooks being used. Making these conditions for affiliation, the board recently amended its affiliation bylaws to ensure that only properly...

-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...

-The Times of India The new office will give real time analysis of the government's social programmes, says Jairam Ramesh At a time when the Congress-led United Progressive Alliance (UPA) government is facing flak for a series of alleged corruption scams, the ministry of rural development that has an annual budget of approximately ` 800 billion has decided to go ahead and create an office of concurrent evaluation. The proposal for a...

-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...

-The Hindu There are now as many as 9,000 Indian medical students in China As the costs of a medical education in India continue to rise, an increasing number of students are heading to foreign shores, with China, in particular, emerging as a favoured destination. A six year-education at an approved Chinese medical university, consultants say, can cost Rs. 25 lakh, including one-year internship and annual travel to India, although costs vary at...