-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 -...

-NDTV Bangalore: The Karnataka Lokayukta court has ordered a probe against Minister of External Affairs SM Krishna and other top state politicians after allegations of irregularities in acquiring farmers' land for the Mysore-Bangalore Expressway. Former Prime Minister HD Deve Gowda and former Karnataka chief minister BS Yeddyurappa will also be probed, among others. Both Mr Krishna and Mr Gowda have served as Karnataka chief ministers. A private complaint was filed at the Lokayukta...

-The Hindu Former Cabinet Secretary Chandrashekhar deposes before JPC The former Cabinet Secretary, K.M. Chandrashekhar’s shocking revelation on Thursday to the Joint Parliamentary Committee (JPC) investigating the 2G scam that Prime Minister Manmohan Singh had ignored his recommendation that an entry fee of Rs. 36,000 crore be charged for spectrum, has brought the ghost of the 2G scam back to the Prime Minister’s doorstep. Mr. Chandrashekhar’s disclosure that he had submitted a note...

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...