-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 Economic Times After Mahatma Gandhi, Jairam Ramesh is the only national leader to be genuinely concerned that 65 years after Independence, some 600 million Indians in the 21st century continue to use open skies as their latrines. While Lee Kuan Yew continues to exhort Singaporeans to have cleaner loos, our ministry of railways thinks depositing human excreta all along the country's length and breadth, including deep into the cities -...

-The Telegraph India’s Education System is marked by poor quality and produces “functional illiterates”, the chief of a UN body told The Telegraph here today. “India has made a lot of progress in achieving education for all, but what kind of education is being imparted and whether there are adequate teachers are issues of concern. The result is functional illiteracy,” Unesco director-general Irina Bokova said on the sidelines of a conference by...

-The Telegraph The Supreme Court today refused to stay field trials of genetically modified food crops for now despite a court-appointed panel recommending a 10-year moratorium, after the Centre said such a freeze would hit food security for a growing population. The five-member technical expert committee’s (TEC) interim report had advocated the moratorium till the country improved its regulatory system for GM field trials to ensure proper evaluation of these crops’ health,...

-The Hindustan Times Millions of parents and their children may soon no longer have to bear the risks associated with unregulated playschools with dubious teaching methods and crumbling infrastructure that often charge high fees but fail to deliver on promises. The human resource development (HRD) ministry, headed by newly appointed MM Pallam Raju, on Thursday got state governments to agree to expand the Right to Education Act (RTE) to cover preschools. Under...