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Czech police charge two engineers in deadly train crash

Czech police charge two engineers in deadly train crash Prague  - The Czech police have charged two civil engineers in the case of a train crash that last week killed seven and injured more than 60 passengers, police said Friday.

On August 8, a packed international express train rammed into a road bridge in the north-eastern Czech Republic that had collapsed on the tracks seconds before.

The overpass had been under reconstruction.

The men, both aged over 50, were responsible for safety during the work on the bridge, police said.

Czech police detain German tourist for making Nazi salute

Czech police detain German tourist for making Nazi salute 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.

Board of SE Investments approves stock split

Board of SE Investments approves stock splitSE Investments Limited has i

Inflation Accelerates To 12.01%

The rate of inflation has increased to 12.01 percent. It is the highest rate in Inflation Accelerates To 12.01% 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.

OPEC crude price rises by 0.44 dollars

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

Direct Tax Collections Up 47%

The increase in TDS receipts and buoyancy in corporate profits led to an Direct Tax Collections Up 47%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.”

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