Sivaganga, Oct 25 : Finance Minister P Chidamabram today said that the government will take care to see that the global recession did not have any direct impact on the Indian economy that will continue to grow at eight percent this fiscal.

The eight percent growth rate achieved in the previous years would be sustained this year, he said at the inauguration of the renovated spinning mill of the National Textile Corp at Kalaiyarkoil in his constituency.

Though the Indian economy was linked with the world economy, the global recession would not have any direct impact on the country''s economy, he said.

New Delhi, Oct 25 : Chinese nuclear physicists have developed a new treatment for cancer that uses heavy ion beams to kill malignant tumours more than 2.1 cm below the skin''s surface.

Zhan Wenlong, the leading nuclear physicist in the country, has claimed that heavy ion beams score over light ion beams, such as gamma rays and X-rays used in traditional radiotherapies.

High ion beams can accurately moderate the amount of radiation and minimize the damage done to healthy cells, reports China Daily.

New Delhi, Oct 25 : Latest archaeological studies have shown that inscribed animal bones and jade pieces unearthed in Changle County of eastern Shandong Province in China, are the earliest examples of Chinese characters, dating back to 4,500 years.

The discovery broke the record for the previous earliest known examples of Chinese characters, the inscribed animal bones and tortoise shells, known as the oracle bones, of the Shang Dynasty (1600 BC-1100 BC), by more than 1,300 years.

The oracle bones were major discoveries at the Yinxu in Anyang of central China’s Henan Province.

The Shandong discovery was first made in 2004 by Xiao Guangde, the Changle Culture and History Committee director and an amateur collector.

New Delhi - India's benchmark Sensex on Friday crashed 11 per cent to end trading at a three-year low of below 9,000 as investors sold heavily after the central bank disappointed them by keeping key interest rates unchanged.

The 30-share Sensitive Index, which had lost 912 points in the last two sessions, crashed 10.92 per cent shortly after a credit and monetary review was announced by the Reserve Bank of India.

New Delhi, Oct 24 : Defence Minister A. K. Antony today said that the private sector participation in defence production has been allowed and foreign direct investment is allowed upto 26 per cent.

Addressing the National Seminar on defence offsets being organised by the Institute for Defence Studies and Analyses (IDSA) here, Antony said that private sector will henceforth require industrial licence only if it is stipulated under the requirement for defence industry.

New Delhi, Oct 24 : Finance Minister P. Chidambaram today said that the Reserve Bank of India (RBI)''s policy review was on expected lines to manage India''s financial stability.

He described the RBI statement an important announcement that the central bank would employ both conventional and unconventional methods to ensure financial stability.