Feb 11, 2020
For the last few years, the health, sports, and wellness industries have been shaken up by the emergence of a group of unique chemicals called cannabinoids. These chemicals are produced by the cannabis plant, and even though most of the research into their abilities is in its preliminary stages, we can conclusively say they have medical properties.
In December 2018, Congress passed the Farm Bill, effectively making the cultivation and sale of hemp and its derivatives legal. Cannabidiol, or CBD, is one of the cannabinoids produced by cannabis, and the legislation kick-started the CBD craze that’s currently…
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India's government is preparing a data centre policy to enhance the hyperscale data centre sector. The proposed policy aims to streamline approvals and provide infrastructure status to the industry. A tax holiday until 2047 for eligible foreign cloud providers has also been announced. The use of artificial intelligence can improve power generation efficiency and flexibility for data centres.
India has implemented a Principal Purpose Test in the India-Mauritius Double Taxation Avoidance Agreement. This test allows tax authorities to deny benefits when tax relief is a principal purpose. The amendment, effective from August 2026, impacts various foreign investors using Mauritius for investments. The change affects significant cumulative foreign direct investment inflows into India from Mauritius. Experts believe this will alter how investment structures are evaluated under the treaty.
In Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The state has declared drought-like conditions in 265 talukas, raising concerns over this year's losses.
Kylian Mbappe recently achieved a milestone by becoming the youngest player to reach 100 Champions League appearances. He accomplished this remarkable feat at age 27 while playing for Real Madrid against Roma. Prior to Mbappe, Lionel Messi held this record at age 28 set in 2015. Mbappe made his Champions League debut at just 17 years old with Monaco.
The World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion specifically for aiding micro, small and medium enterprises. Since 2022, the World Bank has invested over $3.5 billion alongside private partners to enhance MSME bankability. The group's global private capital mobilisation has more than tripled, reaching $112 billion in fiscal 2026.
The World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion specifically for aiding micro, small and medium enterprises. Since 2022, the World Bank has invested over $3.5 billion alongside private partners to enhance MSME bankability. The group's global private capital mobilisation has more than tripled, reaching $112 billion in fiscal 2026.
Diya Chitale sees India's Asian Games mixed doubles bronze as a stepping stone to the Olympics, with improving rankings now the top priority.
New Zealand's white-ball captain Mitchell Santner is optimistic about home conditions helping in the series against India. The series begins with five T20Is on October 22 and will feature various venues. Santner acknowledges India's strong batting lineup and emphasizes the need for strategic bowling plans. Both teams aim to gain momentum ahead of the ODI World Cup next year.
India's wholesale inflation reached 11.4% in September, significantly increasing from 9.9% in August. Rising prices of fuel, food, and manufactured goods contributed to this surge. Food inflation climbed to 8.7%, marking a 23-month high. Retail inflation also saw an increase, rising to 5.54% year-on-year in September. Economists expect inflation to remain elevated in the coming months due to ongoing global commodity pressures.
Netflix and Shondaland have announced a limited series about young Violet. It will follow her romance with her future husband. A familiar face from Queen Charlotte: A Bridgerton Story is also reportedly returning.
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