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Indian

Road accidents in India are like silent pandemic: Rajnath Singh

Addressing the ‘Karmayogis’ of Border Road Organisation (BRO) via video conferencing, the Union Defence Minister said, “Accidents on the roads are a cause of great concern for us today. It is a matter of great surprise that our country has less than 3 per cent of the world’s total vehicles, but accidents are close to 11 per cent. Every year around 4.5-5 lakh accidents and 1.5 lakh unfortunate deaths occur in the country. It is not less than a silent pandemic.”

NGT forms 3-member committee to evaluate risk over Nayara Energy expansion

“The committee may recommend safety measures to prevent accidents on account of operation of the activities by ensuring proper on-site and off-site emergency plans and hospital backup and awareness in the local residents,” said the bench, also comprising Justice M Sathyanarayanan.

International

US Regulators disagree over giving Fintechs Federal Charter to skirt State Rules

Companies such as PayPal and LendingClub Corp. have attracted millions of customers by offering greater convenience or better prices than traditional banks. The OCC and the FDIC say such firms can broaden access to financial services because their low-cost models allow them to reach poorly served areas and offer small loans that are uneconomical for bigger banks.

Pension Trustees seek corporate disclosure of Sexual Harassment Costs, Policies

“We don’t see how it could possibly be accretive to corporate value to have a culture that allows for sexual harassment in the workplace,” said Priya Mathur, the departing president of the $345 billion California Public Employees’ Retirement System, the largest U.S. pension fund.Companies are losing customers, paying settlements and higher insurance costs and being distracted “from their core strategies because they have to deal with this.”

World Bank Gr announces $50 bn over five yrs for Climate Adaptation & Resilience

Our new plan will put climate resilience on an equal footing with our investment in a low carbon future for the first time. We do this because, simply put, the climate is changing so we must mitigate and adapt at the same time,” said World Bank Chief Executive Officer Kristalina Georgieva. “We will ramp up our funding to help people build a more resilient future, especially the poorest and most vulnerable who are most affecte

“Rising geopolitical and geo-economic tensions are the most urgent risk in 2019”

The report released on Wednesday said environmental degradation is the long-term risk that defines the current era, with four of the top five most impactful global risks in 2019 related to climate Rapidly evolving cyber and technological threats are the most significant potential blind spots; and the vulnerability of networked societies still not fully appreciated, said the report. 

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