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Families of COVID-related death victims in India to receive payout

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Those who have lost loved ones due to the pandemic could soon see an extra 50,000 rupees in their bank accounts.

Families in India who have lost a family member to the pandemic, will receive monetary payments.

India’s government will officially begin paying every individual who has had a family member die because of Covid-19 in what is a landmark compensation scheme.

It comes after Justice MR Shah said each impacted next of kith and kin will receive 50,000 rupees, which equates to $674 Australia Dollars, per death.

The payments are expected to total around 300 million US dollars.

The compensation payments will be distributed within 30 days following a family’s submission of the application.

More than 447,000 people in India have died as a result of the pandemic.

Payments mandated under law

India introduced the payments after declaring the pandemic a disaster under their National Disaster Management Act.

The law came into effect in 2005 with its purpose to manage disasters including “preparation of mitigation strategies, capacity-building and compensation for lost lives, injuries and damaged properties,” according to BBC.

The nation’s Ministry of Home Affairs has issued affidavits offering compensation to family members of all Covid victims, including those who took their own life after receiving a positive virus test result.

Under the law, monetary payments of 400,000 rupees is to be paid to the family of victims who have lost their lives to a disaster.

A helping hand for struggling families

Gaurav Kumar Bansal, a petitioner for the law to be applied to the families of COVID-19 victims says all families can benefit from the payment, particularly in such testing times.

“We know the government has spent a lot of money in managing the pandemic,” Bansal tole the BBC.

“But we still think the government should have paid 400,000 rupees compensation to every affected family according to the law.”

The decision has also been upheld by India’s top court with the judges ruling that no state can immediately deny the compensation to those who request it.

Written by Rebecca Borg

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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