India’s annual wholesale inflation shoots up to 1.62%

New Delhi: Ballooning food prices pushed up India’s annual wholesale inflation to a 20-month high of 1.62 per cent for June from 0.79 per cent in May, according to official data released on Thursday. This kept inflation in the positive domain for the third month after 17 months in the negative. The annual inflation for […]

Clashes with Kurdish rebels devastate Turkish World Heritage site

By Ayla Jean Yackley DIYARBAKIR, Turkey, Jul 14 : When the United Nations inscribed the Roman-era walls of this mainly Kurdish city on its World Heritage list last year, it crowned a decade of efforts to rehabilitate a war-torn region. Within weeks, a ceasefire with Kurdish militants in southeastern Turkey shattered, unleashing some of the […]

Asian local currency debt takes safe-haven appeal amid Brexit fallout

By Saikat Chatterjee and Jongwoo Cheon Hong Kong/Singapore, Jul 14 : The prospect of central bank policy easing in Asia is luring global money managers into the region’s local-currency bonds as the Brexit aftermath drives investors to seek debt-assets away from developed economies. Despite safehaven flight to dollars following Britain’s shock June 23 vote to […]

ACB summons Sheila Dikshit for questioning

New Delhi, July 14 : Delhi’s Anti Corruption Branch, controlled by the central government, on Thursday issued fresh summons to former Delhi Chief Minister Sheila Dikshit for questioning on August 26 in an alleged Rs 400-crore water tanker scam. “We have issued notice to Sheila Dikshit for questioning on August 26 in connection with Water […]

Aishwarya Radhakrishnan turns choreographer for ‘Jhalak…’

Mumbai, July 14 : Dancer Aishwarya Radhakrishnan, who came into the limelight as a contestant of dance reality show “So You Think You Can Dance ‘Ab India ki Baari’”, will next be seen as a choreographer in the upcoming ninth season of “Jhalak Dikhhla Jaa”. Aishwarya was a part of the top 10 contestants on […]

Punjabi film ‘ Chauthi Koot’ to release on August 5

Mumbai, July 14 : Directed by Gurvinder Singh, “Chauthi Koot”, the first Punjabi language film which premiered at the Cannes Film Festival, 2015, is set to release pan-India on August 5. The film was screened in the ‘Un Certain Regard’ section at the Cannes Film Festival. Set during the Sikh separatist movement during the 1980s, […]