Daily Archives: October 16, 2018

Higher food prices drive wholesale inflation to 5.13%

Wholesale inflation accelerated to 5.13% in September, driven in large part by quickening inflation in the primary articles segment and stabilising food prices, according to official data released on Monday. Growth in the Wholesale Price Index quickened in September from 4.53% in August. Inflation in the primary articles category stood …

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NCLAT breather for IL&FS, subsidiaries

Infrastructure Leasing and & Financial Services (IL&FS), which is in the midst of a huge liquidity crisis, has got a one-month relief from proceedings filed against the company by banks and other creditors as the National Company Law Appellate Tribunal (NCLAT) has stayed all such proceedings against the company and …

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Bangladesh editors protest ‘anti-press’ law

Bangladeshi newspapers’ editors on Monday staged a protest demanding sweeping amendments to a newly-enacted digital law that journalists and rights groups say will curb freedom of expression. Critics say the measures — including prison sentences for spreading “negative propaganda” — are an attempt by an increasingly autocratic Prime Minister Sheikh …

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Bhutan’s not-so-happy evicted minority

The Himalayan nation of Bhutan, often described as a “Shangri-La” where happiness is equated to wealth, is holding elections this week. But the Lhotshampa people, brutally driven out of the small kingdom in the 1990s, won’t be voting. The Nepali-speaking Lhotshampa were branded as immigrants and stripped of citizenship rights …

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Bharat Net project on track: Telecom Minister

Telecom Minister Manoj Sinha on Monday said the work on the second phase of implementing the Bharat Net project was on track. The Bharat Net project aims to bring broadband connectivity to 2.5 lakh gram panchayats in the country. “We have completed approximately 50% of the project… the work has …

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