US to reclassify marijuana as less dangerous drug in historic shift

[ad_1] Shares of cannabis companies surge as much as 80 percent after move to classify drug as schedule three substance.The United States has moved to reclassify marijuana as a less dangerous drug in a historic shift that has sent shares...

Former Binance CEO CZ sentenced to four months

[ad_1] Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest cryptocurrency exchange. The sentence was imposed by United States District Judge Richard Jones in...

India needs ‘hard reforms’ to reach 7.5% growth, HSBC says

[ad_1] Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse and the billionaires and businesses behind its rise, delivered weekly.Also read:IMF boosts Asia growth forecast this year on China, IndiaIndia will need...

‘Country is doing well’: Why jobless young Indians are still backing Modi

[ad_1] Patna, Bihar – Sanjeev Kumar is 27 and jobless – a desperate situation compounded by his car salesman father’s imminent retirement in a few years. The business studies graduate from Patna, the capital of the eastern Indian state of...

On ‘China’s Instagram’, women find a space to discuss the routine and taboo

[ad_1] Taipei, Taiwan – Alice Guo sparked a flurry of interest on Xiaohongshu, the Chinese social media and e-commerce platform, when she decided one day in 2021 to share advice on preparing for a job interview. Chinese-born Guo was living...

Is Modi’s India more unequal than under British rule?

[ad_1] New Delhi, India — In 2014, Narendra Modi swept to power in India with his Bharatiya Janata Party (BJP) pitching him as an economic reformer who would root out corruption and rescue the aspirations of India’s middle class from...

Japan’s yen plunges to lowest level against the dollar since 1990

[ad_1] Japanese currency sinks to 160.17 per dollar, the lowest since April 1990.The Japanese yen has slumped to a 34-year low against the United States dollar. The yen on Monday sank to 160.17 per dollar, the lowest since April 1990,...

Elon Musk meets China’s No 2 official in Beijing

[ad_1] Telsa CEO’s unannounced visits comes as Chinese carmakers are promoting rival models at the Beijing Motor Show.Tesla CEO Elon Musk has met with China’s No 2 official on an unannounced visit to Beijing. Musk’s meeting with Chinese Premier Li...

CII launches corporate governance charter for startups

[ad_1] Industry body CII on Sunday announced it has launched a charter for startups that enlist voluntary recommendations on corporate governance keeping in view unique nuances to govern startups.Also read:India growing when world is in stress: CII president-designate Sanjiv Puri...

China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 yrs: GTRI

[ad_1] With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said.Also...
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