Meta has agreed to a landmark settlement with a bipartisan coalition of US attorneys general over allegations involving Facebook and Instagram's impact on children and teenagers. The Meta teen settlement could reach $17.1 billion, but the source material states that at least $12.1 billion is currently committed, with part of the larger amount dependent on future settlements involving other social media companies. Meta $12.1B Deal

Bilibili global push is taking China’s major long-form video platform into new international markets with easier sign-ups, creator recruitment and localization. But India is notably absent from its early expansion map, highlighting how the country’s restrictions on Chinese apps continue to shape global platform strategies. Bilibili global push expands beyo

SEBI digital KYC for NRIs could let eligible NRIs, OCIs and foreign nationals complete securities-market onboarding from abroad. The proposal adds video, location and anti-spoofing checks, makes PROI KYC records portable and seeks comments by September 4, 2026. SEBI digital KYC proposal expands overseas access The Securities and Exchange Board of India (SEBI) has proposed allowing eligible Non-

The Assam flood relief scam investigation has put nearly 50 social media accounts under scrutiny as the CID examines suspected online donation fraud. The action comes as a flood alert remains in parts of Golaghat, where rising Dhansiri and Doyang waters have affected communities. CID probe The Criminal Investigation Department of Assam Polic

Parliament’s Monsoon Session entered its third week with key legislation listed for discussion and Opposition protests disrupting proceedings. A parliamentary panel will question Meta, Google, X, Snapchat and other platforms amid scrutiny over digital regulation and the removal of PM Modi’s post.

An Ohio motel fire killed three members of an Indian family from Gujarat after flames broke out at the Econo Lodge in Wooster, Ohio, officials said. The fire was reported at about 1:30 a.m. local time on Wednesday, July 1, 2026, at the motel, located about 60 miles south of Cleveland. Ohio Motel Fire Kills Gujarat Family in Wooster The victims were identified as Hiteshbhai Suthar, his wife Hinaben Suthar, and their 20-year-old daughter Ishani S

Pakistan’s FATF grey-lit history has returned to attention following India’s election to the vice-presidency of the global financial-crime watchdog. Read more about India’s first election to the FATF vice-presidency and why the appointment matters. India’s new leadership position gives New Delhi greater visibility i

What is FATF, and why can its decisions affect governments, banks and investors worldwide? The Financial Action Task Force is the leading international body that sets standards for combating money laundering, terrorist financing and the financing of weapons proliferation. The organisation has received renewed attention after India was elected FAT

India has been elected FATF vice-president for the first time, placing senior official Vivek Aggarwal in a key leadership role at the global body that sets standards against money laundering, terrorist financing and proliferation financing. The Financial Action Task Force announced the appointment after its plenary meeting in Paris on Friday, June 19, 2026. Aggarwal, a 1994-batch Indian Administrative Service officer and secretary in India’s Ministry of Culture, will serve from Ju

Buckwheat: A Protein-Packed Grain Buckwheat is a versatile, gluten-free grain that is rich in protein and essential amino acids. Often used in pancakes, porridge, and salads, it provides a hearty texture and nutty flavor. Buckwheat is also high in fiber, antioxidants, and minerals like magnesium and manganese, making it an excellent choice for those seeking both protein and overall nutritional benefits. Its

Air India’s decision to scale back its international flight operations reflects the growing pressure on the aviation sector as fuel prices continue to rise sharply. According to internal communication, CEO and Managing Director Campbell Wilson informed employees that the airline has little choice but to reduce schedules during June and July. The move follows earlier cuts in April and May, indicating a prolonged period of operational challenges driven by external factors beyond the airline’s control. The primary concern remains the steep increase in aviation turbine fuel prices, which constitute a major portion of airline operating costs. As fuel prices surge, airlines are finding it increasingly difficult to maintain profitability on long-haul international routes. Adding to the challenge are airspace restrictions in certain regions, forcing aircraft to take longer alternative paths. These extended routes not only increase fuel consumption but also lead to higher operational expenses and longer travel times for passengers. Industry Impact and Government Concerns The situation is not limited to a single airline, as the broader aviation industry in India is also feeling the strain. The Federation of Indian Airlines, representing major carriers like IndiGo and SpiceJet, has raised concerns with the government regarding the unsustainable rise in fuel costs. In a recent communication to the Civil Aviation Ministry, the industry body highlighted the extreme financial stress being faced by airlines, urging immediate intervention to stabilize operations and prevent further disruptions. Passenger Impact and Future Outlook For passengers, the reduction in international flights may lead to limited availability of seats, higher ticket prices, and potential changes in travel schedules. Travelers planning trips during the peak summer months may need to book tickets in advance or consider flexible travel plans. Despite these challenges, airlines are expected to closely monitor fuel price trends and regulatory developments before making further operational decisions. As the aviation sector navigates these turbulent conditions, the coming months will be crucial in determining how airlines adapt to rising costs and evolving geopolitical factors. The balance between maintaining connectivity and ensuring financial sustainability will remain a key focus for Air India and the wider airline industry.  

Prediction markets, digital platforms that allow users to wager on future events, are drawing increasing scrutiny amid concerns over suspicious trading activity and the potential misuse of sensitive information. The issue has gained prominence following a case involving a US Army special forces soldier accused of leveraging classified intelligence to place bets linked to a mission targeting Venezuelan President Nicolas Maduro. What are prediction markets? Prediction markets such as Polymarket and Kalshi operate in a manner similar to gambling platforms, but instead of sports, they focus on real-world events. Users place wagers on outcomes ranging from political developments and economic shifts to weather patterns and online activity. Participants earn profits if their predictions are accurate, while platforms generate revenue through transaction fees. With millions of users globally, these platforms now facilitate billions of dollars in wagers across diverse subjects including elections, tariffs, and commodity prices. Are these markets legal? The legal status of prediction markets varies by region. Globally, many jurisdictions permit such platforms, but the regulatory framework in the United States remains complex. Polymarket had been restricted domestically for several years before resuming limited operations, while Kalshi operates under oversight from the Commodity Futures Trading Commission. Some users attempt to bypass restrictions through virtual private networks, raising additional compliance concerns. Unlike traditional bookmakers, these platforms position themselves as exchanges that enable trading rather than setting odds. Can prediction markets accurately forecast events? Research suggests that collective forecasting, often described as the “wisdom of crowds,” can provide valuable insights. By aggregating diverse opinions, prediction markets can sometimes outperform individual experts in anticipating political, economic, and global outcomes. What are the risks involved? Concerns have intensified regarding the potential use of insider information. In the recent case, the US soldier allegedly earned more than $400,000 by betting on outcomes tied to a military operation. Similar patterns have been observed before major geopolitical and entertainment events, where unusual betting activity accurately predicted outcomes. Such incidents have raised questions about whether privileged information is influencing market behavior. Regulatory response and growing oversight Authorities are responding to these developments with increased vigilance. Several US states have initiated measures to restrict or ban prediction markets, while platforms like Kalshi and Polymarket have introduced safeguards to prevent misuse. Kalshi has prohibited political candidates from betting on their own elections, and government agencies have cautioned officials against using insider knowledge for financial gain. A concept with historical roots Despite recent attention, prediction markets are not a new phenomenon. Early models such as the Iowa Electronic Markets, established in 1988, focused on political forecasting. In 2003, the Pentagon explored launching a platform to predict geopolitical events, including potential security threats, but the initiative was abandoned following public criticism. As scrutiny intensifies, the future of prediction markets will likely depend on how effectively regulators and platforms address concerns surrounding transparency, legality, and the ethical use of information.

Amid ongoing global economic challenges linked to the pandemic, Infosys has reportedly initiated a major financial technology project called Mumbai AI. The initiative, backed by a reported $1.5 billion investment in bitcoin, is positioned as an effort to expand access to cryptocurrency markets for everyday users. The project was initially kept confidential at the request of Infosys founder Narayana Murthy while development was underway. Murthy stated that the company’s broader goal

The U.S. Department of Justice has informed French authorities that it will not support efforts to investigate Elon Musk’s social media platform, X, according to a report published Saturday, April 18, 2026, by

Social media users inundated X, formerly known as Twitter, with unverified claims about President Donald Trump’s death over the weekend of Saturday, April 5, 2026. The rumors began gaining traction around 10 AM IST on Sunday, April 6, 2026, alleging that the 79-year-old leader had been rushed to Walter Reed National Military Medical Center due to a serious health emergency, possibly a heart attack or stroke. These speculations mirrored earlier hoaxes from 2025 but intensified following a Wh

A Los Angeles jury has found Alphabet’s Google and Meta Platforms liable for $3 million in damages in a social media addiction lawsuit, a ruling that could set a precedent for thousands of similar cases. The lawsuit focused on the platforms' addictive design, which the plaintiff argued contributed to her addiction to YouTube and Instagram from a young age. This case, which highlights the growing concerns over social media’s impact on mental health, could influence future legal actions brought by parents, school districts, and attorneys general against tech giants. The plaintiff, a 20-year-old woman, claimed that the attention-grabbing features of the apps led her to develop an addiction, marking a significant legal focus on the platforms' design rather than the content itself. The lawsuit was filed amid mounting criticism of social media companies for their role in the safety of children and teens. At least half of American teenagers use platforms like YouTube and Instagram daily, amplifying concerns over the prolonged exposure to these platforms. Snapchat and TikTok were also named in the case but settled with the plaintiff before the trial commenced. Despite the ruling, Meta and Google have expressed their disagreement with the verdict, with Meta already evaluating further legal options. The ruling has minimal impact on the companies’ stock prices, as shares of Meta rose slightly, while Alphabet’s stock remained largely unchanged. The case adds to the growing body of lawsuits focused on social media addiction, with other similar cases expected to go to trial in federal and state courts. Critics have long called for more stringent regulations on social media use, but Congress has yet to pass comprehensive legislation on the matter. Meanwhile, numerous states have enacted laws governing social media use among children, with some requiring age verification for account creation, a measure that tech trade associations are challenging in court. As the debate intensifies, the impact of this verdict on future legislation and lawsuits against tech companies remains to be seen. The ruling could be a crucial step in holding companies accountable for the design of platforms that contribute to addiction and harm, particularly among vulnerable youth populations.

Starting March 12, 2026, Air India passengers will experience an increase in flight ticket costs due to a rise in aviation turbine fuel (ATF) prices, driven by supply interruptions caused by the ongoing conflict between the United States, Israel, and Iran. The airline announced that the surcharge will affect both domestic and international routes, including those on Air India Express flights. The price escalation is partly due to supply disruptions exacerbated by the war in the Middle East, w

Prime Minister Narendra Modi is set to launch a nationwide HPV vaccination campaign on February 28, aimed at preventing cervical cancer in India. The campaign will provide free vaccinations to 14-year-old girls at government health centres, a significant step towards reducing the burden of cervical cancer, one of the leading causes of cancer-related deaths among women in India. The launch event will take place at 11:30 AM from Ajmer, with the participation of Chief Ministers, admini

Russia has fully blocked access to M

Meta, the parent company of Facebook and Instagram, and Google-owned YouTube are facing serious allegations in a closely watched trial that began Monday in California, with plaintiffs accusing the companies of deliberately designing social media platforms to be addictive for children. The case marks one of the first times a jury has been asked to directly assess whether major technology companies can be held legally responsible for the mental health consequences their products may have on you