Sunday Evening News Brief, July 2

Sunday evening brief Jul 2 2017
Good evening!
Here’s everything that transpired during the course of the day…
Chinese media said India should shed its ‘anxiety’ and join the Belt and Road Initiative. Amid the ongoing face-off at the India, China, Bhutan tri-junction, the commentary in Xinhua criticised New Delhi’s boycott of the Belt and Road Forum conference held in May. “Though proposed by China, the Belt and Road is not a ‘Chinese project.’ It is a multilateral initiative, with win-win results at its core,” the commentary said.
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India pushed more troops in Doka La in longest impasse since 1962. India brought in more troops after the destruction of two of its bunkers and “aggressive tactics” adopted by the Chinese People’s Liberation Army (PLA), sources said. In a “non-combative mode”, the nozzle of a gun is placed downwards.

Jet Airways vice-president for security, Colonel Avneet Singh Bedi, was arrested on charges of land grabbing. The complaint filed against Bedi alleges that he grabbed 945 square metres of government land in Chikamberpur village on the Delhi-UP border. Bedi’s family claimed the charge was a conspiracy engineered by a former Jet Airways employee.

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Indian nuclear scientists are in the final stage of starting a high-tech giant stove which has been in making for more than 15 years. This novel nuclear reactor is a kind of an ‘akshaya patra’, the mythical goblet with a never-ending supply of food. The Department of Atomic Energy is getting ready to commission its ultra-modern indigenously designed and locally mastered fast-breeder reactor.

Ready to move-in flats will become costlier under the GST system. While developers might still get some benefits for projects that are in nascent stages, they will have to bear the tax burden for the ready-to-move-in projects since they are kept out of the GST ambit, Surendra Hiranandani, House of Hiranandani chairman and managing director, said.
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