Australia bans social media for those under 16
Business Standard|November 29, 2024
The first-of-its-kind law is expected to take effect from November 2025
Australia bans social media for those under 16

Australia approved on Thursday a social media ban for children aged under 16 after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.

The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million). A trial of methods to enforce it will start in January with the ban to take effect in a year.

The Social Media Minimum Age bill sets Australia up as a test case for a growing number of governments which have legislated or said they plan to legislate an age restriction on social media amid concern about its mental health impact on young people.

هذه القصة مأخوذة من طبعة November 29, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 29, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Maha Kumbh 2025 to give state a chance to wave tourism potential
Business Standard

Maha Kumbh 2025 to give state a chance to wave tourism potential

To leverage its religious and spiritual tourism potential, the Uttar Pradesh government is pitching for global branding of Maha Kumbh Mela 2025, one of the world's largest congregations of pilgrims.

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3 mins  |
November 29, 2024
Highways: UP's path to become first $1 trn state
Business Standard

Highways: UP's path to become first $1 trn state

Uttar Pradesh (UP), one of India's top state economies, is aiming to become the nation's first $1 trillion economy.

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2 mins  |
November 29, 2024
'UP has largest investment portal in the country'
Business Standard

'UP has largest investment portal in the country'

Nivesh Mitra offers 491 online services and is adding more, say senior bureaucrat

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3 mins  |
November 29, 2024
Chips to tourism: State marks out sectors for support and growth
Business Standard

Chips to tourism: State marks out sectors for support and growth

Uttar Pradesh is on the track to become a $1 trillion economy by 2027-28 due to a host of factors, including increased spending on infrastructure, improved law and order, and better business environment.

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4 mins  |
November 29, 2024
'Industry has to heed the environment'
Business Standard

'Industry has to heed the environment'

In the era of rapid industrialisation, businesses are required to adopt processes and technologies that are environment-friendly and achieve the goal of sustainability. RAVINDRA PRATAP SINGH, chairman of Uttar Pradesh Pollution Control Board (UPPCB), in an interview with Siddharth Kalhans in Lucknow said the board had been nudging industries to adopt eco-friendly technologies. He also spoke about the steps being taken to make people environment-conscious. Edited excerpts:

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2 mins  |
November 29, 2024
UP green plan: Use tech to help boost agriculture
Business Standard

UP green plan: Use tech to help boost agriculture

Over the next few years, the state aims to increase value of farm exports from ₹20,000 crore to ₹50,000 crore by boosting productivity and food processing

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3 mins  |
November 29, 2024
Wheels of change turn electric as state expands its green fleet of buses
Business Standard

Wheels of change turn electric as state expands its green fleet of buses

The Yogi Adityanath government in Uttar Pradesh (UP) will expand its electric bus fleet to improve public transportation.

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2 mins  |
November 29, 2024
'UP has extensive land bank for industries'
Business Standard

'UP has extensive land bank for industries'

As several investments come to Uttar Pradesh (UP), the demand for industrial plots is rising. The Global Investors Summit, held in Lucknow last year, fetched investments worth more than ₹40 trillion. The state government is expanding existing industrial areas and creating new ones. Sector-specific industrial parks are also being set up. MAYUR MAHESHWARI, Chief Executive Officer (CEO) of UP State Industrial Development Authority (UPSIDA), in an interview with Siddharth Kalhans in Lucknow spoke about plans to help industries. Edited excerpts:

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3 mins  |
November 29, 2024
'Investments in UP spread across regions'
Business Standard

'Investments in UP spread across regions'

Leaving behind the tag of being a Bimaru’ state, Uttar Pradesh UP) has marched forward to become one of the most favoured destinations for investors. The state government has introduced a new industrial policy providing more sops, incentives, and rebates to industries. Various sectoral policies have been implemented to support these industries. Minister for Industrial Development, Export Promotion, NRI Investment Promotion of UP, in an interview with Siddharth Kalhans of the Business Standard Samriddhi round table, shared details of the steps taken to boost the economy, exports, and industries in UP. Edited excerpts:

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4 mins  |
November 29, 2024
State's priority sectors need ₹5.73 trn lending in FY25
Business Standard

State's priority sectors need ₹5.73 trn lending in FY25

Signalling a major boost to the $1 trillion economy target of Uttar Pradesh, the priority sector credit flow is estimated to touch ₹5.73 trillion in the current financial year 2024-25 (FY25), marking an over 50 per cent growth year-on-year.

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3 mins  |
November 29, 2024