Prague  - The Czech police detained a 19-year-old German who allegedly raised his arm in a Nazi salute at a campsite near the city of Brno Friday, CTK news agency reported.

The man had been staying at the site during Brno's motorcycle races.

The police detained him on a lead from reporters, who noticed Thursday that he repeatedly made the salute while passing a tent fitted with a Nazi-era flag.

The suspect faces up to three years in prison for hate crime.

SE Investments Limited has i

The rate of inflation has increased to 12.01 percent. It is the highest rate in past 13 years. The inflation rate was 11.98 per cent in the last week. The wholesale price index (WPI)-based inflation rate is increased due to increase in the prices of as pulses, spices, eggs, fish and meat and some dairy products.

Although the rate of steel is not increased by steel companies yet the increase in the prices of cement contributed in the rise of inflation rate.

Vienna - The price for crude oil produced by the Organization of the

The increase in TDS receipts and buoyancy in corporate profits led to an increase in the direct tax collection, including corporate and personal income tax, by 46.95% to Rs 71,648 crore in April-July this year.

A finance ministry statement said, “Robust growth in direct tax collections is a result of tax education and compliance mechanism put in place by the Income Tax department in the area of tax deducted at source (TDS) and tax collection at source (TCS) and indicates further improvement in tax administration and tax compliance levels.”

Cairo  - Egyptian police on the Gaza Strip border exchanged gunfire with three smugglers attempting to bring fuel and food to the strip, Cairo sources said Thursday.