Reports Financial News
20.12 / 17:48
FIVE
Digital
Google
cover
reports
Millions of Americans to get cash from Google: Here's all you need to know
Google has agreed to pay $700 million and offered several other concessions to nearly 102 million customers in the US as part of an antitrust payout over fees the tech giant charged through its app store. Most of that money will be given to people who purchased something through Google's Play Store.
20.12 / 17:38
reports
Bringing it all back home in dollops
World Bank's latest migration and development report, owes itself to the tight labour market conditions in the West and the hastened economic recovery in West Asia due to last year's surge in oil prices following the Russia-Ukraine war. Both factors have, however, played themselves out with the central banks weakening global economic activity through a series of interest rate hikes, which, in turn, has had an adverse effect on demand for oil. The effects are visible in the growth rate of remittances to India, which have halved from the previous year and are headed for pre-Covid levels thereafter. The bump in remittances helped India paper over a burgeoning trade deficit on higher oil prices alongside a flight of capital from its equity market.
20.12 / 17:35
Citi
Booking
pandemic
reports
travelers
DreamSetGo records 30% growth since the pandemic; facilitated 7500+ sports travelers in 2023
DreamSetGo, unveiled the first edition of its year-end sports wrap-up report — DreamSetGo’s Sports Travel Index 2023. In 2023, DreamSetGo facilitated over 7500+ sports travelers across 14 global sporting events, a 30% increase since the pandemic. This indicates an increased appetite amongst sports travel and luxury experiences, the company said.
20.12 / 17:07
Provident
Target
Action
Fighting
country
reports
Department
Payment processor to pay $10 million in largest B.C. forfeiture settlement
A Vancouver payment processing company under investigation for alleged direct-mailing scams has forfeited $10 million in a settlement agreement with the B.C. Civil Forfeiture Office — the single largest forfeiture in the history of the office.
20.12 / 17:07
FIVE
Fighting
Bill
Experts
reports
shock
2024
Posthaste: Canadians are planning to fight back against higher grocery prices in 2024
Canadians who spent the past year watching their grocery bills climb ever higher appear to be resigned to even more pain ahead in 2024, but they’re also planning to fight back.
20.12 / 17:07
Target
economy
President
reports
Rosenberg: The dirty little secret about inflation that rarely gets attention
The Bank of Canada is looking for clear evidence of “further and sustained downward momentum in core inflation” before it considers cutting interest rates. That was the message governor Tiff Macklem addressed directly to markets in a press availability after his annual year-end speech on Dec. 15.
20.12 / 16:30
Target
Digital
track
country
reports
prevention
India has a long way to go to eliminate child labour: Parliamentary panel
India has a long way to go before it achieve its commitment of eliminating child labour in the country by 2025, a parliamentary panel said, suggesting a need for a uniform definition of ‘child’ under various laws. “The implementation of the policy has to go a long way for achieving the objective of elimination of child labour as per commitments made by the county after ratification of ILO conventions and to achieve the target stipulated in Sustainable Development Goal 8.7 to end all forms of child labour by 2025,” the parliamentary standing committee on labour said in its 52nd report tabled in the Parliament on Wednesday. Noting that different definitions of ‘child’ under various laws leads to ambiguity, the committee called for examining the discrepancies in the criteria for determination of age of child and suggested a relook at the offences as being congnizable or non-cognizable to ensure that these do not lead to any ambiguity as well as delay in justice to the aggrieved children. The Committee noted that the employment of children in contravention of the Child and Adolescent Labour (Prohibition and Regulation) Act, 1986 (CALPRA) Act is a cognizable offence, whereas under the Juvenile Justice (Care and Protection of Children) Act, 2015, it is a non-cognizable offence. The Committee also proposed setting up of a National Level Child Tracking Mechanism to facilitate coordination among the states and the centre in such a way that the monitoring at district level is reported to states and from there to centre by digital mode through coordinated efforts of all concerned so as to facilitate prevention, tracing, tracking, rescue, rehabilitation and reintegration of the rescued children.
20.12 / 16:23
Google
stage
reports
valuation
ShareChat lays off 200 employees, valuation halved in last one year
₹28,300 crore in the company's valuation. ShareChat, backed by Google and Tamasek, is in the final stages of securing $50 million in new funding to regain lost valuation, according to reports from TechCrunch.
20.12 / 16:06
Experts
social
consequences
reports
recommendations
Sabarimala Greenfield Airport takes off with land acquisition approval
Greenfield Airport took a step closer to becoming a reality as the Kerala government has issued an order to proceed with the acquisition of 2,570 acres of land in Kottayam district for this ambitious project. The airport is being developed on land in Erumeli South and Manimala villages. State Revenue Minister K Rajan said on Tuesday that the decision to proceed with the land acquisition process was made based on the recommendations of an expert committee that examined the social impact study report.
20.12 / 16:04
President
reports
Department
donates
Will wait and see who claims what: Bhupinder Singh Hooda on seat-sharing in Haryana
seat-sharing calculations continue apace in the INDIA bloc, Congress leader Bhupinder Singh Hooda on Wednesday said it remains to be seen which party claims what and on what basis in Haryana. «Let us see first who claims what, what is the basis of that claim, what are the parameters, for this we will sit and decide...otherwise we will claim all 10 (Lok Sabha) seats,» Hooda said on the pre-Lok Sabha seat-sharing scramble.
20.12 / 16:00
Target
electronic
consequences
reports
travelers
Germany's top prosecutor files motion for asset forfeiture of $789 million of frozen Russian money
Germany’s federal prosecutor has filed a motion for asset forfeiture concerning more than 720 million euros or $789 million of frozen Russian money
20.12 / 16:00
20.12 / 15:58
Provident
President
reports
testing
prevention
Toyota's small car unit Daihatsu will suspend all vehicle shipments over widespread safety cheating
Toyota Motor Corp. says its subsidiary Daihatsu will suspend shipments of all its vehicles in and outside Japan in a damaging safety scandal after an investigation found improper testing involving 64 models
20.12 / 15:56
Platform
Action
show
Inside
social
information
reports
Study shows AI image-generators being trained on explicit photos of children
Hidden inside the foundation of popular artificial intelligence image-generators are thousands of images of child sexual abuse, according to a new report that urges companies to take action to address a harmful flaw in the technology they built
20.12 / 15:56
Apple
show
track
reports
testing
travelers
prevention
Parents of children sickened by lead linked to tainted fruit pouches fear for kids' future
Parents of children who posted sky-high blood lead levels after eating potentially tainted apple cinnamon fruit puree pouches are worried about their kids' futures
20.12 / 15:46
BLOCK
Manufacturing
Inside
Pregnancy
innovations
reports
prevention
UK launches first trial of hormone-free male birth control pill. Details inside
UK have initiated the first phase of trials for a revolutionary non-hormonal male birth control pill. YCT-529: A hormone-free innovation
20.12 / 15:44
FIVE
pandemic
information
reports
Friend
EOW questions Aaditya Thackeray's friend in remdesivir supply 'scam'
EOW) of Mumbai Police on Wednesday questioned Shiv Sena (UBT) leader Aaditya Thackeray's friend Punyashali Parekh in connection with an alleged scam in the supply of remdesevir injections during the COVID-19 pandemic to the BMC. Parekh appeared before EOW officials in the afternoon, and was allowed to leave around 6.30 pm, five hours later, after his statement was recorded, said an official.
20.12 / 14:49
Digital
Apple
Software
Qualcomm
performer
information
reports
GenAI smartphones to capture 40% of global market by 2027, says report
industry by storm. Handsets with on-device GenAI capabilities are set to cross 100-million shipments in 2024 and reach 552 million units by 2027, accounting for 40% of the global market, a report by Counterpoint Research has said. “The share of GenAI smartphones in the overall smartphone market will be in single digits through next year.
20.12 / 14:48
Target
FIVE
Manufacturing
economy
Align
reports
shock
Stubbornly high inflation is holding back consumer discretionary spending and corporate investments: RBI
high inflation is holding back consumer discretionary spending and corporate investments as well, hence the expectations of lowering of interest rates may be unrealistic. «Projections indicate that inflation will go up further from the September October 2023 average of 4.9% before it can come down. The objective of aligning inflation with the target on a durable basis is far from assured,» RBI researchers said in the state of the economy report. There have been clamours for interest rate cuts after RBI paused for five times in a row and following softer inflation prints for September and October.
20.12 / 14:39
Citi
Target
Cooper
Man
Citizens
reports
Department
Canadian Prime Minister Justin Trudeau sees shift in India relations after US plot revealed: CBC
Justin Trudeau said he senses a change in India's tone with Ottawa after the United States warned New Delhi about its involvement in a thwarted plot to kill a Sikh separatist leader on U.S. soil, the CBC reported on Wednesday. «I think there is a beginning of an understanding that they can't bluster their way through this and there is an openness to collaborating in a way that perhaps they were less open before,» Trudeau said in an interview with the Canadian Broadcasting Corp. «There's an understanding that maybe, maybe just churning out attacks against Canada isn't going to make this problem go away,» he added. Trudeau announced Sept.
20.12 / 14:38
Target
reports
Preity Zinta bought a wrong player at IPL auction? Punjab Kings clarify
Punjab Kings have issued a clarification regarding their player selection during the IPL 2024 auction in Dubai. Contrary to reports suggesting they had picked the 'wrong' player, the franchise clarified that they had indeed chosen the correct cricketer. The confusion arose due to the presence of two players with the same name, it said.
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