Speaker 1: This is the catch upon three Things by the Indian
Speaker 1: Express and I'm Ichasharma. Today is the fifth of August
Speaker 1: and here at today's headlines. Starting with Major News presenting
Speaker 1: the TVK government's maiden budget, Tamil Nadu Finance Minister NN
Speaker 1: Mary Wilson outlined an economic vision stretching beyond the government's
Speaker 1: immediate welfare agenda, from India's first dedicated AI and Innovation city,
Speaker 1: to a new space industrial corridor, digital governance, modern logistics
Speaker 1: infrastructure and an expanded metropolitan Chennai intended to drive the
Speaker 1: state towards its stated ambition of becoming a one point
Speaker 1: five trillion economy by twenty thirty six. Unlike traditional industrial
Speaker 1: budgets centered on large capital projects, much of this blueprint
Speaker 1: remains at the stage policy design, feasibility studies and institutional reform.
Speaker 1: One of the most ambitious proposals is Arivagum, described as
Speaker 1: India's first AI and Innovation city, bringing together an AI university,
Speaker 1: semiconductor testing facilities, research incubators, and international skill development centers,
Speaker 1: but the budget currently allocates only five corore for preparing
Speaker 1: the feasibility study. In other major news, Mark Zuckerberg has
Speaker 1: apologized for the handling of child sex abuse material by
Speaker 1: Meta and social media platforms, as well as the hosting
Speaker 1: of deep fake content and other operational errors, government sources
Speaker 1: told Enian Express today. Meta sources said also admitted a
Speaker 1: lot of money had been paid to boost certain type
Speaker 1: of content. Meta has yet to release an official statement.
Speaker 1: The government has been on the war path and Meta
Speaker 1: has been the target since Facebook briefly blocked a selfie
Speaker 1: wins video uploaded to Prime Minister Mody's account. In the video,
Speaker 1: the PM spoke about Cochro Junta party had brought us
Speaker 1: at Deli's Jantar Mantar against leaked exam question papers for
Speaker 1: national qualifying exams. Meta said then that the video had
Speaker 1: been removed in error. Earlier today, a parliamentary committee gave
Speaker 1: Zuckerberg a three day deadline to apologize for taking that
Speaker 1: video offline. Meanwhile, three years after six women wrestlers accused
Speaker 1: him of sexual harassment, the acquittal of former BJP MP
Speaker 1: and Wrestling Federation of India president which Bush and Sharan
Speaker 1: Singh in the case is expected to pave the way
Speaker 1: for the strong man from eastern Uttar Pradesh to return
Speaker 1: to active politics under the BJP banner at a SNAE
Speaker 1: Millun program in Noida yesterday, posters featuring Singh and his
Speaker 1: two sons kesserganj MP Current Bhushan Singh and gondha Emili
Speaker 1: Pratigue Bhushan Singh carried the slogan Sadikiji loosely translated to
Speaker 1: the truth has triumphed and now in some other news
Speaker 1: making national headlines. Paying for shopping has never been easier
Speaker 1: and cheaper in India, but the mode of payment itself
Speaker 1: has never been free. There is a Bank of India,
Speaker 1: for instance, spends around five thousand corore every year to
Speaker 1: print currency notes. Cards are paid for by the issuer
Speaker 1: and it costs are recovered from the user. Public sector
Speaker 1: banks charged as much as seven thousand, five hundred kro
Speaker 1: rupees for annual maintenance of debit cards in twenty twenty
Speaker 1: five twenty six, up from three nine hundred krore in
Speaker 1: twenty twenty one twenty twenty two. UPR payments two are
Speaker 1: being paid for by banks and other financial system players
Speaker 1: and after years of looking to be compensated for bearing
Speaker 1: this cost, which may be as high as twenty thousand
Speaker 1: corore every year they could finally get their wish. On Tuesday,
Speaker 1: Finance Minister that Malasi Taraman introduced the Taxation and Other
Speaker 1: Law's Amendment Built twenty twenty six in Parliament. The proposed
Speaker 1: changes to the Payment and Settlement Systems Act two thousand
Speaker 1: and seven could allow banks and payment system providers to
Speaker 1: charge fees on UPI and rupaid debit card payments and
Speaker 1: in the end. In news making global headlines, Former Bangladesh
Speaker 1: Prime Minister Sheikh Hasina today addressed her first media conference
Speaker 1: in two years via video link from New Delhi, coinciding
Speaker 1: with the second anniversary of her ouster following the student
Speaker 1: led uprising in twenty twenty four. The address comes amid
Speaker 1: renewed political tensions between Hahaka and the Abami League, with
Speaker 1: India distancing itself from the private event and with that
Speaker 1: this was all for today. This was the catch up
Speaker 1: on three things by the Indian Express.