-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...

-Outlook Jabalpur: Against the backdrop of growing opposition to acquisition of land for a power plant in Katni district, the Madhya Pradesh government today filed an undertaking in the High Court stating that it will not go ahead till the final hearing on a PIL in this regard is held. The single bench of Justice R S Jha has fixed the final hearing of the case on November 27. Farmers from Bujbuja and...

-Outlook The Delhi police was asked today by a court here to file a status report on its probe into the case lodged against Maharashtra Navnirman Sena chief Raj Thackeray for allegedly dubbing Bihar natives as infiltrators in Mumbai and threatening them to throw out of the state. "Notice to concerned investigating officer be issued with direction to file status of investigation," said Metropolitan Magistrate Neeraj Gaur. The court order came after the...

-The Telegraph More than one in eight registered pesticides, including the controversial endosulfan, endanger people’s reproductive and nervous systems and may cause cancer and congenital deformities, a Supreme Court-appointed expert committee has said. The panel has suggested these pesticides should be phased out over the next two years instead of their existing stocks being immediately incinerated, as the latter process would cost the exchequer Rs 1,189 crore. A public Interest litigation moved last...

-The Business Standard No full stops for forcible acquisition, poor compensation Lawmakers have been tinkering with a new land acquisition regime for a cynically long number of years. However, there is no change at the ground level. The news that a displaced woman in Madhya Pradesh immolated herself last week, starting a Chita (funeral pyre) satyagraha, was buried below the fold in the last page of newspapers. Meanwhile, more and more gross...