Indian shares rose more than 3 percent on Monday, in tandem with firm Asian indices, as stocks across the region got a boost from the U.S. government’s move to seize control of troubled mortgage finance companies Fannie Mae and Freddie Mac. Also, a waiver granted to India by the 45-member Nuclear Suppliers Group (NSG) also pushed stocks higher.
Interactive investor 8th September 2008 more >>
The Bush administration is beginning a race against time to win congressional backing for a landmark deal with India after convincing more than 40 other countries to allow international nuclear trade with Delhi.
India’s multibillion dollar civil nuclear sector will be opened to foreign energy companies following Saturday’s decision in Vienna by the 45-nation nuclear suppliers group, which sets the rules for international nuclear co-operation.
FT 8th September 2008 more >>
The Scottish Government is wrong to rule out nuclear power as part of the country’s future energy mix, the Scottish Chambers of Commerce say in a submission to Holyrood.
They tell an inquiry by MSPs on the economy, energy and tourism committee that a “comprehensive, detailed and itemised energy plan” is required to ensure secure, the reliable and affordable energy supplies needed for the country’s economic growth.
The Herald 7th September 2008 more >>
BBC online 7th September 2008 more >>