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September 30: News pics for the day
September 30: News pics for the day
A vegetable seller reads a newspaper as he waits for customers at a market in Kolkata
India's food price index rose 16.44 per cent while the fuel price index climbed 10.73 per cent in the year to September 18, government data on Thursday showed.
In the prior week, annual food and fuel inflation stood at 15.46 per cent and 11.48 per cent, respectively.
The primary articles index was up 18.31 per cent in the latest week compared with an annual rise of 16.80 per cent in the previous week, both under a new series of data with a different base year of 2004-05, new components and weightings.
The wholesale price index , the most widely watched gauge of prices in India, rose 8.5 per cent in August.
The Nokia N8 smartphone is displayed at a Nokia press event in Stockholm
The world's top cellphone maker Nokia said on Thursday it has started to ship its flagship smartphone model the N8.
Last week Nokia said it has delayed by a few weeks deliveries of the N8 model to the clients who had ordered the phone, hitting its shares on the day new chief executive Stephen Elop started at the helm of the company.
The N8 is seen by analysts as Nokia's first model to challenge Apple's iPhone more than three years after its launch. Its success and timing of its sales start are seen as being crucial for Nokia's profit margins in the third and fourth quarter.
Nokia said the N8 would be widely available in the coming weeks.
A pedestrian and a driver pass an electronic board displaying share prices, which is reflected on a surface of a polished stone, in Tokyo
Japan's Nikkei average slid 2 per cent on Thursday, hit by a late yen rise, but still booked its best monthly performance in six months, helped by hopes the central bank will ease policy further and that the yen's rapid advance could be curbed by more intervention by the authorities.
But the benchmark edged down 0.1 per cent for the quarter, sharply lagging other major world indexes.
The yen advanced against the euro, and against the dollar as well, after Ireland's central bank but a 34 billion euro ($46 billion) price on bailing out Anglo Irish Bank under a worst case scenario and said Allied Irish Banks needs to raise an additional 3 billion euros by the end of the year.
An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in Hefei, Anhui province
China on Thursday warned that a US House of Representatives bill to penalise it for not letting the yuan rise faster could seriously affect bilateral ties.
In a relatively measured response, Foreign Ministry spokeswoman Jiang Yu said Congress should avoid steps that could harm relations, saying Beijing was \"resolutely opposed\" to the bill. But she declined to say whether China would retaliate.
The US House of Representatives bill, which many analysts say is unlikely to become law, is aimed at pressuring Beijing to let its currency, also called the renminbi, rise faster by branding it in violation of world trade rules.
A saleswoman arranges gold jewellery inside a showroom in Kolkata
India's wholesale gold demand retreated on Thursday afternoon as banks, the primary dealers of bullion, were shut for the half-yearly closing of accounts.
Demand for gold in India has been steadily rising over the past couple of weeks, helped by the on-going festival season, although the soaring prices overseas has triggered some caution, dealers said.
A strong rupee, which reduces the landed cost of the mostly-imported yellow metal, has shielded Indian consumers from price rise witnessed in the overseas market.
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