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Rae Bareli land controversy: bureaucrat suspended

RaeBareliUttar Pradesh Chief Minister Mayawati on Thurs

Taiwan stocks shed more than 3 per cent over political uncertainty

Taiwan Stock ExchangeTaipei - Taiwan stocks shed more than 3 per cent Thursday, over possible Taipei-Beijing tension arising from upcoming anti-China demonstrations.

The TAIEX index fell 150.89 points, or 3.19 per cent, to close at 4,579.62.

Analysts attributed the fall to the plunge of major Asian stock markets - with South Korean shares dipping more than 9 per cent and Japanese shares down more than 7 per cent in mid-morning trading - and possible cross-strait tension arising from anti-China protests planned Saturday by Taiwan separatists.

Scientists develop first silicon solar cell with 25 per cent efficiency

Washington, Oct 24 : Scientists have developed the first silicon solar cell to achieve the groundbreaking milestone of 25 per cent efficiency.

The solar cell has been developed by scientists at UNSW’s (University of New South Wales) ARC Photovoltaic Centre of Excellence, in Australia.

The UNSW ARC Photovoltaic Centre of Excellence already held the world record of 24.7 per cent for silicon solar cell efficiency.

Now, a revision of the international standard by which solar cells are measured, has delivered the significant 25 per cent record to the team led by Professors Martin Green and Stuart Wenham and widened their lead on the rest of the world.

Nikkei falls below 8,000, down nearly 10 per cent

Tokyo - Japan's benchmark Nikkei 225 Stock Average on Friday lost nearly 10 per cent of its value, tumbling below 8,000 for the first time since May 2003, on indications the global financial crisis was beginning to hit the nation's exporters.

The Nikkei shed 811.9 points, or 9.6 per cent, to close at 7,649.08.

The broader Topix index of all first-section issues plunged 65.59 points, or 7.52 per cent, to 806.11.

The tumble was led by Sony Corp, whose shares plunged 14 per cent one day after the world's second-largest electronics company warned its profits this year were expected to drop nearly 60 per cent compared with last year.

Relations with Germany strengthened, China says

Beijing - Germany's support after the devastating Sichuan earthquake in March helped smooth German-Chinese relations after past upsets, Chinese President Hu Jintao said Friday.

Germany was the European country "which helped China most after this catastrophe," Hu told Chancellor Angela Merkel, who is in Beijing to participate in the Asia-Europe Meeting (ASEM) Summit on Friday and Saturday.

"This is a clear sign of friendship from the German government to the Chinese people," he added.

Merkel vowed closer cooperation with China in view of the global economic crisis. "We are ready to work even closer with China, especially in times of economic difficulties," the conservative chancellor said.

Pratibha inaugurates Meghalaya's second airport

It was a memorable moment for people of Garo hills in Meghalaya. After a gap of long 56 years they got chance to have a glimpse of their President.

President Pratibha Devisingh Patil visited the Garo hills yesterday and inaugurated the Baljek airport in Tura in Meghalaya. Baljek becomes the second airport in the hilly state.

The President congratulated the people of the state in a function organized at the newly inaugurated airport for focusing on building, critical infrastructure for development and said progress and prosperity cannot be realized without adequate infrastructure and a network of connectivity.

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