Britain approved a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and also signalling a more cautious approach to foreign investment in critical infrastructure projects.
The new Theresa May government would proceed with the Hinkley Point C project in southwest England, approving French utility firm EDF`s plan to build Britain`s first new nuclear reactor in decades, backed by $8 billion of Chinese cash.
India's exports declined for the second consecutive month in August by 0.3 per cent to USD 21.51 billion.
The country's imports too contracted by 14 per cent to USD 29.91 billion, leaving a trade deficit of USD 7.67 billion in the month under review.
The important export sectors which recorded negative growth in the month include petroleum, leather and chemicals.
Infosys to Set Up Two Development Centres
Infosys will set up two development centres, housing 180 engineers, in Croatia and Russia to expand its global service delivery network in Eastern Europe.
India's second largest software services exporter announced an agreement with Italy's Ansaldo Energia, a producer of thermoelectric power plants, to provide engineering services.
To support Ansaldo, Infosys will widen its network into Eastern Europe and Russia's established heavy engineering sector by creating the development centres in Karlovac in Croatia and Moscow in Russia.
Astronomers have found signs of a giant icy planet growing around TW Hydrae, one of the closest young stars to Earth.
Based on the distance from the central star and the distribution of tiny dust grains, the baby planet is thought to be an icy giant, similar to Uranus and Neptune in our solar system.
TW Hydrae is one of the most favourable targets for investigating planet formation.
Founding PDP leader and Srinagar Lok Sabha MP Tariq Hameed Karra resigned from the party as well as Parliament to protest against brutal policies of ruling BJP at the centre and Jammu and Kashmir government's complete surrender before it.
PDP was floated in 1999 to safeguard lives, property, honour, dignity, self respect and political aspirations of the people.
Karra is the first Lok Sabha member from Jammu and Kashmir to have resigned from the Parliament.
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