Wednesday morning news brief Nov 29 2017

Wednesday morning brief Nov 29 2017
Good morning!
Here’s everything you need to know to start your day…
North Korea tested what is being called its longest range intercontinental ballistic missile yet. With a presumed range of 13,000 km, it would be capable of reaching most of continental US. The test ruins nascent diplomatic efforts to restrain the North’s nuclear ambitions, and raises fears of war or a pre-emptive US strike. Read
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Troops along the Chinese border have been asked to delete some mobile apps to foil online espionage bids. They have been advised to delete apps like WeChat, Truecaller and Weibo, and re-format devices to guard against espionage attempts from across the border. This follows inputs that foreign intelligence agencies, especially from China and Pakistan, were using such apps to hack smartphones and steal data.
The apex court has asked the Centre to bring a law to fix liability for indulging in and abetting mob violence. The court said that mechanism must be set up to prosecute the guilty and fixing compensation to be paid by them for loss of lives and public property. It also said law enforcement authorities should be made accountable for not taking preventive steps to control agitations.
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Fatalities in road accidents declined by 5,000 during Jan-Sep this year, in comparison to the same period in 2016. According to data shared by state governments with Supreme Court appointed panel on road safety, Punjab recorded the maximum decline of 14.4% followed by West Bengal with 13.7%. Maharashtra, Gujarat and Delhi too saw significant drop, while Bihar and Odisha saw a rise in road deaths.
Finance minister Arun Jaitley has dismissed rumours of loan waiver for big corporates. Under the new Insolvency and Bankruptcy Code, he said cases have been instituted in the National Company Law Tribunal for time-bound recovery from 12 largest defaulters. With the object of increasing credit off-take and creation of jobs, the government has taken “the big decision” of capitalising state-owned banks, he said.
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