Wednesday Morning News Brief, November 1

Wednesday morning brief Nov 1 2017
Good morning!
Here’s everything you need to know to start your day…
India today is a substantially easier place to do business than it was a year ago, the World Bank’s Doing Business 2018 report said. India now stands at 100th position, 30 ranks higher than last year and the country’s business environment improved at the fifth fastest pace in the world in the past 12 months. Among top improvers, India implemented the maximum reforms after Brunei Darussalam, the 15th edition of World Bank’s annual study that rates 190 countries on ease of starting and running businesses said. Read
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The Centre has approved reservation for OBC students in the second stage of National Talent Search Examination (NTSE), from 2019. The government has already increased the rates of scholarships and is also planning to double the number of scholarships from 1000 to 2000 annually, Union human resource development minister Prakash Javadekar said. The scholarship amount is expected to be enhanced to Rs 5,000 per month in the next couple of years.
In a verdict intended to provide ‘just’ compensation to victims of road accidents, the Supreme Court ruled that compensation will be based on the future prospects of the deceased. A five-judge bench framed guidelines for making an estimate of future prospects mandatory, irrespective of whether the victim had a permanent job or was self-employed. The amount under the head of future prospects has been capped at 50% of income in case of a permanent job and 40% in case of self-employed or a fixed salary job (where there is no provision for revision).
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A man in a pickup truck mowed down pedestrians along a bike path in Manhattan, killing at least 8 and seriously injuring 11 in ‘a cowardly act of terror’. The driver was shot in the abdomen by police after jumping out of the truck with what turned out to be a fake gun in each hand and shouting what witnesses said was “Allahu Akbar,” Arabic for “God is great,” authorities said. The man underwent surgery and was in critical condition but was expected to survive.
The CBI yesterday concluded that the hard disk recovered from the office of Vyapam, had not been tampered. The alleged tampering was the basis on which Congress member Digvijaya Singh levelled allegations of irregularities against Shivraj Singh Chouhan, but the CBI has, in its chargesheet filed in a special court, dismissed the claim that the hard disk recovered from the office of the Madhya Pradesh Professional Examination Board was tampered to “delete” references to the word “CM”.
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