Summary

Boost for exports as Government announces more incentives

The Government Tuesday announced additional incentives totalling Rs. 8450 crores to help boost exports in its mid-term review of the Foreign trade Policy 2015-2020, which included simplified processes to help exporters and a commitment to roll out an e-wallet scheme to ease working capital issues for exporters in the post-GST regime.

War of words in Supreme Court over timing of Ayodhya hearing

The much awaited hearing in the Supreme Court on the Ayodhya lawsuit over the title to the disputed Ramjanambhoomi-Babri Masjid site turned into a political slugfest Tuesday with lawyers for Muslim appellants questioning the 'hurry' to hear the matter now and demanding it to be referred to a Constitution Bench and the hearing to be put off till July 2019.

Ockhi heads to Gujarat, gives Mumbai heavy rain on way

After wreaking havoc in Kerala, Tamil Nadu and Lakshadweep, Cyclone Ockhi passed the Mumbai coast on Tuesdy evening , giving the city it sheaviest December rainfall in 142 years.

China stops funding Pak projects

China has temporarily stopped funding at least three road projects in pakistan being built as part of the $50 billion China-Pakistan Economic Corridor, following reports of a corruption, a decision that has left officials in Islamabad stunned.

Mynamar forces may be guilty of genocide against Rohingya, UN says

Myanmar's security forces may be guilty of genocide agaisnt the Rohingya Muslim minority and more of them are fleeing despite a deal between Myanmar and Bangladesh to send them home, the top UN human rights official said Tuesday.

Invest in Bitcoin at your own risk, RBI reiterates

Just days after Bitcoins hit a record high of just under $11,800 , the Reserve Bank of India (RBI) on Tuesday reiterated its concerns about the cryptocurrency amid fears that a rapidly swelling bubble could burst in a spectacular fashion.

Russia may leverage Indian assistance in manpower training

Russia's commitment to collaborate with India in building nuclear power stations in third countries is set to kick-off with Bangladesh's first nuclear power plant being built with Russian assitance.

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