London’s transportation agency is causing controversy with its proposal to make Uber drivers pass a written English test. When Uber successfully sued the city for the discriminatory policy, the agency reintroduced the English requirement for all drivers who want to hold a private-hire taxi license. … [Read more...] about London will require Uber drivers to pass a written English test
“We had a tent that was designed probably 20 years ago, for the context and environment at that time, that has just proven not to be sufficient anymore,” says Bo Sorensen, project lead at UNICEF’s supply division in Copenhagen. As the team studied what would make a tent work in a changing climate, it also discovered that nothing on the market met its needs—so it decided to help lead the redesign itself, adding it to a list of about 20 products, from advanced medical devices to water jugs, that the agency now has in its innovation portfolio. … [Read more...] about How UNICEF redesigned its tents to be ready for a changing world
The persisting slowdown will also mean that unemployment will rise further, which will directly impact millions of youngsters entering the job market every year. According to Centre for Monitoring Indian Economy (CMIE), India’s unemployment rose to 7.7 percent in December. The grim economic situation would further weigh on consumer confidence that will further delay growth. This is because people will cut down spending on goods and services, translating to lower revenues for companies and lower tax collection to government. … [Read more...] about With this fiscal’s estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man
Since coming to power in 2014, the Narendra Modi-government has pumped in around Rs 2.8 lakh crore in state-run banks. In FY20 so far, the government has infused close to Rs 70,000 crore as capital. But that was inadequate considering the fact that banks required a substantial chunk of money to clean up their bad loans besides meeting their Basel-III requirements. … [Read more...] about Budget 2020: What lies in store for state-run banks ravaged by bad debt?