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RBI Rules Out Introduction of Islamic Banking

-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...

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RTI activist stabbed 27 times to death in Kandivli, 2 held -Nitasha Natu

-The Times of India MUMBAI: An RTI activist was stabbed to death 27 times on a Kandivli (W) street on Tuesday night by two men. Within 12 hours, the Kandivli police solved the case with the arrest of both the accused from Nashik. The deceased, Kapurchand Gupta, was also an office-bearer of the hawkers' association. Gupta was targeted by the key accused as he was trying to wean away customers from...

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States list manual scavengers as "dead" -Priscilla Jebaraj

-The Hindu Geeta Devi’s neat Hindi signature is written below her photograph – a shy-looking woman with a dupatta covering her head – in an affidavit duly notarised in Haridwar last month. Dehradun district resident Manju smiles out of the photograph on her affidavit, where she states she is just 36 years old. According to the government of Uttarakhand, both Manju and Geeta Devi are dead. After all, both women are manual...

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From plastic portable loos to Sanitary Bonds, India needs a latrine policy-V Raghunathan

-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 -...

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Govt earmarks income bar for LIG -Mahendra Kumar Singh

-The Times of India Families living in cities and towns with annual income of up to Rs 1 lakh or monthly earning of up to Rs 8,334 will fall in the category of economically weaker section (EWS), according to new criteria formulated by the housing and urban poverty alleviation ministry. Households having income between Rs 1 lakh and Rs 2 lakh or monthly earning of up to Rs 16,667 will be classified...

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