-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...

-Express News Service Dikshit releases Delhi Statistical Handbook, says city an attractive destination for all. With more than 5 lakh vehicles added to the roads in the last year, Delhi recorded the biggest jump ever in motor vehicle registrations. But as the number of vehicles increased, no significant change in road length was recorded in the Capital. The figures were made available when Chief Minister Sheila Dikshit released the Delhi Statistical Handbook, 2012,...

-Outlook Hyderabad: India could win 105 claims on international patents due to its Traditional Knowledge Digital Library (TKDL), Prime Minister Manmohan Singh said here today, opening the high-level segment meeting at the Conference of Parties to Convention on Biological Diversity. "We decided to build this knowledge database because of the patent on the use of neem extract in Europe and another patent on the use of turmeric as a healing agent. Since...

-Al Jazeera New report from UN's telecommunications agency breaks down international internet usage statistics. About one-third of the world's population now has access to the internet, but more needs to be done in order to achieve internet penetration targets as set out in the Millennium Development Goals, the International Telecommunications Union has said in a new report. Currently, 20.5 per cent of households in developing countries have access to the internet, which the...

-DNA Not just mobile telephony, rural subscribers are emerging as the fastest growing consumers of internet as well in the country. According to the Internet and mobile Association of India (IAMAI), the number of rural internet users increased from 29 million as of December 2011 to 38 million at the end of June and is expected to touch 45 million by the end of December this year. The penetration of internet users in...