Working Women Are Suffering In Silence

     

     

    70%

    What is it? The percentage of women who experience sexual harassment in the US but don’t report it.

    Why is it important? It highlights the systemic and societal odds that women have to overcome even in relatively progressive environments. On Tuesday, more women actors, including Gwyneth Paltrow and Angeline Jolie, came out and alleged sexual harassment by leading Hollywood producer Harvey Weinstein. In financial year 2016, data from the US Equal Employment Opportunity Commission shows that 7,433 cases were resolved, of which 54.1% were listed under “no reasonable cause”.

    Tell me more: In India too, a 2017 survey showed 70% of women did not report sexual harassment, fearing repercussions. Several regulations in recent years now require listed Indian companies to report data on sexual harassment at the workplace, and the numbers show an increase in the number of such cases.

     

    $2.2 billion

    What is it? The estimated sales by Indian e-commerce firms in the one-month festive season until Diwali, according to RedSeer Consulting.

    Why is it important? This would amount to a 50% jump over the same period last year, indicating that e-commerce is a bright spot in a gloomy economy where growth slowed to 5.7% in the June quarter. It also shows the bunching of three big online sales events within a month—the last one begins October 14—has not led to shopper fatigue.

    Tell me more: The first event in September earned e-tailers an estimated $1.5 billion, according to RedSeer Consulting, while the second one generated around $400 million in sales, as per industry estimates.

     

    6.7%

    What is it? The estimated economic growth of India for 2017 by the International Monetary Fund (IMF), down from its previous projection of 7.2% in July.

    Why is it important? The Washington-based lender attributed the downward revision to the government’s sudden move to withdraw high-value currency notes last November and the transition costs due to the rollout of the goods and services tax (GST) from July 1. However, it said that India’s several structural reforms, including GST, are expected to push up its growth rate to over 8% in the medium term.

    Tell me more: IMF said the global economy was seeing an accelerating cyclical upswing, boosting Europe, China, Japan, US and emerging Asia. India, it added, should focus on simplifying and easing labour market regulations, and that land acquisition procedures are necessary for bettering the business climate.

     

    48.3 million

    What is it? The estimated number of obese Indians by 2025, according to the World Obesity Federation (WOF).

    Why is it important? WOF estimates the medical costs of treating obesity-related diseases and conditions in India between 2017 and 2025 at $89 billion. However, it adds, by spending $13 billion on treating obesity now, its prevalence could be brought down to 3% from 5%, thereby reducing medical costs of its consequences in the future. According to a study published in medical journal The Lancet, India ranks fifth in terms of number of obese men (9.8 million) and third in terms of number of obese women (20 million). Another study says India has the second-highest number of obese children in the world.

    Tell me more: The consequences of being overweight include cardiovascular diseases, mainly heart disease and stroke, type 2 diabetes, musculoskeletal disorders such as osteoarthritis and some types of cancers. These conditions are said to cause premature deaths and substantial disability.

     

    3

    What is it? The number of goals scored by Lionel Messi in a 3-1 win against Ecuador to help Argentina qualify for the 2018 football World Cup.

    Why is it important? It completed a turnaround for Argentina, which was forever on the brink during this qualification campaign. And, it marked a poignant moment for Messi, who retired from Argentina colours in 2016, only to return soon after.

    Tell me more: From South America, the four teams that have automatically qualified are Brazil, Uruguay, Argentina and Colombia. The fifth-placed team, Peru, will play a qualifier with New Zealand to decide its fate for 2018.

     

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