May 11, 2021
The state of Tennessee is one step closer to legalizing medical cannabis after the legislature sent a limited medical cannabis bill to the governor’s desk. The legislation would expand Tennessee’s limited medical cannabis industry and create a commission tasked with analyzing broader medical cannabis reform. Although the bill is a compromise between cannabis reform advocates and those against cannabis reform, the advocates aren’t happy that a more comprehensive medical marijuana bill failed to pass.
The limited compromise bill would expand the list of qualifying conditions from only intractable epilepsy to include cancer, ALS, Alzheimer’s disease, sickle cell disease, inflammatory bowel syndrome, HIV/AIDS and multiple sclerosis. Patients with the qualifying conditions would be allowed…
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Abhijeet Dipke, the founder of the Cockroach Janta Party, criticized the Supreme Court for inaction against the Election Commission. He announced plans for widespread protests if Jantar Mantar remains closed to demonstrators. Dipke urged the necessity for unity among opposition members to demand the resignation of Chief Election Commissioner Gyanesh Kumar. Detentions of CJP leaders and threats to lawyers were reported during the protests.
Abhijeet Dipke, the founder of the Cockroach Janta Party, criticized the Supreme Court for inaction against the Election Commission. He announced plans for widespread protests if Jantar Mantar remains closed to demonstrators. Dipke urged the necessity for unity among opposition members to demand the resignation of Chief Election Commissioner Gyanesh Kumar. Detentions of CJP leaders and threats to lawyers were reported during the protests.
Ircon International has placed four highway assets for sale in a government-led monetisation programme. These assets include toll-road and hybrid annuity model projects located in Madhya Pradesh, Rajasthan, Karnataka, and Gujarat. The enterprise value of the assets is estimated to be around ₹3,000 crore, as advised by Axis Capital. Currently, Ircon is a Navratna company primarily earning from its railway segment.
Delhi's roads experienced alarming statistics in 2026, with an average of five lives lost daily due to accidents. The first nine months recorded 1,309 fatalities, primarily involving two-wheeler riders and pedestrians. Pedestrian deaths accounted for nearly two out of five fatalities in the city. Authorities indicated the importance of improving road safety and enforcement measures to protect vulnerable road users.
Delhi's roads experienced alarming statistics in 2026, with an average of five lives lost daily due to accidents. The first nine months recorded 1,309 fatalities, primarily involving two-wheeler riders and pedestrians. Pedestrian deaths accounted for nearly two out of five fatalities in the city. Authorities indicated the importance of improving road safety and enforcement measures to protect vulnerable road users.
In India, emerging direct-to-consumer (D2C) brands have the potential to generate Rs 100 crore in revenue within a span of two to four years. To escalate this figure to Rs 500 crore, these brands must broaden their distribution networks and engage with new customer segments. Growth opportunities lie in refining brand positioning and activating media strategies.
RBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indicate underlying issues despite maintaining a 7.8 percent growth rate. The ineffective measures may not resolve the fundamental demand stemming from trade concerns. Foreign direct investment needs to focus on long-term capital and technology rather than short-term financial inflows.
RBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indicate underlying issues despite maintaining a 7.8 percent growth rate. The ineffective measures may not resolve the fundamental demand stemming from trade concerns. Foreign direct investment needs to focus on long-term capital and technology rather than short-term financial inflows.
A jury ruled that the Society for Human Resource Management, or SHRM, failed to accommodate a job applicant. Plaintiff Fiona Torres claimed SHRM revoked her job offer due to her need for a medical service dog. The jury awarded Torres $400,000 in compensatory damages for violations of the Americans with Disabilities Act. SHRM plans to appeal the verdict while asserting their offered alternatives for Torres were adequate.
Iran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalations have already disrupted Amazon Web Services facilities in the UAE and Bahrain, highlighting the risk. The Gulf has invested significantly in emerging technologies, making security a critical focus for governments and companies. Developing alternative routes for connectivity will be essential to mitigate these threats.
The IMF's latest stress test examined how banks would cope with an AI crash, soaring government bond yields and an economic slowdown. Under this scenario, 22% of global banking assets would be held in 110 "weak" lenders, whose core capital ratio would fall below 7%, or a higher threshold for the world's most complex banks.
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