Toy Boom: How playtime is powering a $3 billion industry

The toy imports have declined by 52%, while exports have surged by an impressive 239%.

Government initiatives like the Quality Control Order (QCO) and higher import tariffs have boosted local manufacturing, reducing imports by 52% and increasing exports by 239%. E-commerce and quick commerce are reshaping sales, while global giants remain strong competitors.

Breaking: MIB addresses AI-based news recommendation and fake news regulation

Highlighting the sector's growth, Vaishnaw noted that the media and entertainment (M&E) industry expanded by over 8% in 2023, with 70% of this growth attributed to new media.

Union Minister Ashwini Vaishnaw addressed the shift of media houses from traditional to digital platforms, emphasizing India’s diverse and expansive media landscape.

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Over 83k WhatsApp accounts used for digital arrest blocked: Home Ministry

In addition to the blocking of these communication channels, the MHA has also taken swift action to block over 7.81 lakh SIM cards and 2,08,469 IMEIs following police complaints. (Image: Pixabay)

The Ministry of Home Affairs has taken strong action to combat digital arrests and financial fraud, saving over Rs 4,386 crore through the Citizen Financial Cyber Fraud Reporting System.

Instagram rolls out new school partnership program to address bullying

By default, all accounts for users under 16—or under 18 in some cases—will be private, meaning new followers must be approved before they can view posts or send messages.

Instagram’s new “Schools Partnership Program” starts with a pilot open to all US middle and high schools. The initiative allows educational institutions to flag posts and accounts for quicker review, helping tackle harmful content more effectively.

Meta tests AI-generated comment suggestions on Instagram

Meta stated that the feature is part of its ongoing effort to incorporate AI into various areas of its platforms, including comments, feeds, groups, and search.

Meta experiments with AI-driven suggestions for Instagram comments, but not all users are thrilled by the prospect of automation taking over their social media interactions.

NCLAT postpones CCI case against WhatsApp, Meta over privacy policy

NCLAT is set to determine whether CCI's jurisdiction overlaps with new data protection rules in WhatsApp privacy case.

NCLAT has postponed hearing CCI’s case against WhatsApp and Meta (of 2021) on the back of upcoming Digital Personal Data Protection (DPDP) Rules. The tribunal is set to determine whether CCI’s jurisdiction overlaps with new data protection rules.

X’s Engineering Director Haofei Wang steps down amid leadership changes

Wang’s exit comes as X strengthens its engineering leadership with recent hires Mike Dalton and Uday Ruddaraju, both former Robinhood technical leads.

Wang’s exit comes as X strengthens its engineering leadership with recent hires Mike Dalton and Uday Ruddaraju, both former Robinhood technical leads.

Delhi HC grants MeitY panel 3 months for detailed report on deepfake

The HC decision follows the hearing of three petitions against the non-regulation of deepfake technology in the country and the threat of its potential misuse.

The panel, established by the Ministry of Electronics and Information Technology (MeitY) on November 20, 2024, is tasked with addressing the challenges posed by deepfakes in ads.

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