Norway's government has announced that it will continue investing in big oil companies, though it will sell its stake in oil and gas explorers and producers. The $1trillion fund — the world's biggest sovereign fund —  will thus keep its investments in companies such as Shell, BP, Total and ExxonMobil,...
Only 3.32 lakh new jobs were created in the Micro, Small and Medium Enterprises (MSME) sector in last four years, beginning from 2015-16, a new survey by industry body Confederation of Indian Industries (CII) shows. This contrasts with the claim of the central government that 11.54 lakh jobs were created...
Philadelphia City Council now has a law that bans cashless businesses, making it the first big city in the country to pass such legislation. The law, which will take effect on July 1, was introduced by a veteran lawmaker, City Councilman Bill Greenlee, who thought it was discriminatory for businesses...
The World Bank, on the sidelines of the International Women's Day, issued a Sustainable Development Bond to raise awareness for the importance of investing in women’s empowerment in rural areas. The Indonesian rupiah-denominated, IDR 500 billion, 5-year bond highlights Sustainable Development Goals 1, 2 and 5 to achieve zero poverty, zero...
The number of women who have taken a loan from a bank grew faster than that of men in India between 2015 and 2018, shows a report by Transunion Cibil, a credit information company. Even though men far outnumber women in terms of the total numbers, the number of successful...
The Airports Authority of India (AAI), and the UN Development Programme (UNDP) have partnered with each other to develop 15 villages around Birsa airport in Ranchi, Jharkhand. The agencies signed a Memorandum of Understanding (MoU) with the district administration for the ‘Resilience Building of Communities around Birsa Munda Airport" project,...
China has set an economic growth target of 6.0 to 6.5 per cent in 2019, down from a target of around 6.5 per cent growth in 2018, the government has said. While presenting a report which detailed the country’s economic and social development plans for 2019 to the national parliament,...
A new World Banks study has chosen Bulgaria as among the highest performing economies in women's legal rights affecting work. With a population of 7.1 million, the country scored 93.75 in the index and is one of six economies that removed all job restrictions on women over the ten-year period. The...
 by Morgan Erickson-Davis, Mongabay This week, Norway’s Government Pension Fund Global – the world’s largest sovereign wealth fund – released its 2018 holdings. Thirty companies were divested from on the basis that they “impose substantial costs on other companies and society as a whole and so are not long-term...
Vikash Sewram, Stellenbosch University Most cancers can now be detected early. This hasn’t always been the case. The first big breakthrough came 80 years ago when the pap smear was introduced. Ten years later the mammogram was created and then nearly half a century ago the fecal occult blood test...

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