Experts Financial News

Digital Duty of Care' concept in the Online Safety Act will place the onus on digital platforms to proactively keep Australian children safe. In this, could Australia be setting a global standard that is enforceable? This may depend on how it and the rest of the world choose to interpret the role of social media and, more importantly, how they allocate liability for the many deleterious effects that affect its users. For instance, social media claims it doesn't willingly or deliberately amplify certain messages crafted to elicit a harmful response. These platforms would like nothing better than to be likened to a dumb megaphone that occasionally and inexplicably finds itself in the hands of the boy who cried wolf. After all, an agency that operates a traffic light pro bono would also demand protection from liability for traffic accidents near its operating intersection.

married man was having an affair with his secretary. One day, after an 'afternoon's activity', they fell asleep and awoke at around 8 pm in the hotel room. As the man threw on his clothes, he told the woman to take his shoes outside in the garden area and rub them through the grass and dirt. Confused, she nonetheless complied and he slipped into his shoes and drove home. 'Where have you been?' demanded his wife when he entered the house. 'Darling,' replied the man, 'I can't lie to you. I've been having an affair with my secretary. I fell asleep in her bed and didn't wake up until eight o'clock.' The wife glanced down at his shoes and said, 'You liar! You've been playing golf!'

The Liberals’ announcement Thursday of roughly $6.3 billion in GST/HST breaks and rebates has some economists wondering what that rush of cash into people’s pocketbooks could mean for the Bank of Canada and interest rate cuts.

Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, four bankers directly familiar with the development told Reuters. The rupee weakened to a record low of 84.5075 per U.S. dollar earlier in the day, pressured by portfolio outflows and a stronger greenback. Foreign investors have sold a net of $3.1 billion in Indian equities so far in November, after selling a record $11.2 billion in October, putting pressure on the rupee. On Thursday, after U.S. prosecutors indicted Adani Group's billionaire founder, Gautam Adani, over alleged bribery and fraud, foreign investors sold $600 million. Provisional data suggests selling continued on Friday, with net sales of $150 million.

Indira Gandhi Delhi Technical University for Women here, Saxena said, «I am happy today that Delhi's CM is a woman, and I can confidently say that she is a thousand times better than her predecessor.» While making the comment, he took a glance at Atishi who also addressed the students. The AAP and BJP have been at loggerheads over a range of issues, including governance and control of bureaucracy. Kejriwal tendered his resignation in September and said he would seek a «certificate of honesty» from the public in light of the corruption charges he faced. Atishi succeeded him as the chief minister.

Boeing is finally nearing the completion of the new Air Force One aircraft which is known as the VC-25B and is based on the larger 747-8 model, reported Business Insider. Originally contracted for $3.9 billion in the year 2018, the project has eventually faced significant challenges which included supply chain issues and labor shortages while pushing the delivery date from 2024 to 2027. According to Business Insider, US President- elect Donald Trump, who eventually renegotiated the deal during his first term, is now all set to fly on the new planes following his reelection as the US President in 2024. Also Read: Peacock's The Office Follow-Up Series: What we know about cast, plot and production team

NTPC Green Energy Ltd (NGEL) has formed a joint venture with Andhra Pradesh to develop renewable energy projects in the state comprising 25 GW of solar, wind and hybrid projects, 10 GW of pumped storage projects and 0.5 million tonnes/year of green hydrogen and derivatives, which will attract an investment of Rs 2,00,000 crore. The venture of NTPC’s subsidiary and the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) is expected to generate employment for around 1.1 lakh people while contributing Rs 20,620 crore in financial benefits to the state over 25 years, a statement from the company and the government said. Chief Minister N Chandrababu Naidu outlined the broader vision under the state’s Integrated Clean Energy Policy, aiming for 78.5 GW of solar energy, 35 GW of wind energy, 22 GW of pumped hydro storage, and 1.50 million tonnes per year of green hydrogen production in the next five years.

Westbridge Capital Management offloaded 2% of its holding in Nasdaq-listed software-as-a-service (SaaS) firm Freshworks during the July-September period, according to a filing made with the US Securities and Exchange Commission (SEC). The investor sold 275,000 shares of Freshworks during the quarter and currently holds a little over 4% stake worth $221 million in the California-based company. Freshworks’ shares last traded at $16.54 on Thursday – 34% lower than the company’s 52-week high price of $24.97.

defamation case against Delhi Chief Minister Atishi. Special Judge Vishal Gogne stayed till further orders the proceedings before a magisterial court, which had summoned Atishi on a complaint filed by a BJP leader accusing her of defaming him. The special court passed the order on an application filed by Atishi, who had challenged the magisterial court order summoning her in the case. «It is directed that the proceedings before the trial court shall remain stayed till further orders. List for submissions on December 2, 2024,» Judge Gogne said.

Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers

This year, voter turnout reached a record 67.74 per cent, the highest since the state's formation in 2000. A total of 1,211 candidates are contesting, including BJP's Babulal Marandi in Dhanwar and JMM's Speaker Rabindra Nath Mahato in Nala.

MoU with Bengaluru-based Ajit Isaac Foundation (AIF) to provide assistance in setting up and launching palliative care centres in India. These centres aim to provide “compassionate, dignified care to terminally ill patients in underserved regions in India, along with training and supporting community-based caregivers,” the parties said in a statement. AIF will establish a 63-bed Palliative Care Centre in Tumkur–neighbouring Bengaluru by early next year. This Centre will serve as the foundation for the JHU-AIF collaboration, which aims to design and implement comprehensive training programmes in palliative care, offered both online and offline, with mentorship support for staff. “JHU will help in developing a research fellowship and designing curriculum. Additionally, AIF and JHU will jointly host workshops and conferences, both in India and internationally, to showcase the latest advancements in palliative care, fostering knowledge exchange and the adoption of best practices,” AIF said in a statement.

This also represents a 268.5% increase from last week’s total of $164.8 million. This week, startups raised funds through 23 deals, compared to 28 deals in the year-ago period, when they raised a total of $69.5 million, according to data from data intelligence platform Tracxn.

Zomato has delisted several ‘fraudulent’ restaurants after users on social media pointed out single-dish restaurants on the platform, it said in a post on X. “We have identified all such restaurants that were potentially fraudulent and have delisted them from our platform,” the Gurugram-based company said. The company said that it has also strengthened its fraud checks to identify such cases and prevent similar incidents from happening.

Jennifer Lopez's ongoing divorce from Ben Affleck, she and Jennifer Garner are no longer on speaking terms. Jen Garner is not interested in communicating with J. Lo unless it is regarding her kids, as quoted in a report by Cosmopolitan. Jen no longer wants to communicate with J. Lo unless it is about the children. Her friends think she shouldn't have let herself become so involved in helping J. Lo and Ben work out their marriage, particularly in light of the fact that Jen occasionally felt positioned against J. Lo during their own marriage. Jen tried because she was too kind and genuinely wanted to help. Jen didn't believe back in August that it was intentional, but that she felt slightly used as a pawn in J.Lo's bid to repair her marriage.

markets regulator is proposing more diversified ownership of equity clearing corporations, which are currently fully owned by the country's exchanges. A clearing corporation is responsible for the confirmation, settlement and delivery of trades.

Joe Biden hosted the 2024 NBA champion Boston Celtics at the White House on Thursday, marking a celebratory occasion that also featured some light-hearted moments. While the event highlighted the Celtics’ championship achievements, Biden’s remarks, including a brief moment of apparent uncertainty and mentioning his Secret Service code name, drew notable attention, as mentioned in a report by Fox News.

The limit on annual contributions to an IRA will remain at $7,000 and the IRA catch-up contribution limit for people 50 and over remains $1,000 for 2025. The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024. For couples who file jointly, that standard deduction will be $30,000 for 2025, an $800 jump from the year prior. And heads of households will get a $22,500 standard deduction, up $600 from 2024. Income thresholds for all seven federal tax bracket levels were also revised upward.