
Five EU states to test age verification app to protect children
The setup for the age verification app is built on the same technical specifications as the European Digital Identity Wallet which will be rolled out next year. The five countries can customise the model according to their requirements, integrate into a national app or keep it separately.
The EU executive also published guidelines for online platforms to take measures to protect minors as part of their compliance with the bloc's Digital Services Act (DSA).
The landmark legislation, which became applicable last year, requires Alphabet's Google, Meta Platforms, ByteDance's TikTok and other online companies to do more to tackle illegal and harmful online content.
Elon Musk's X, TikTok, Meta's Facebook and Instagram and several adult content websites are currently being investigated by EU regulators on whether they comply with the DSA.
EU regulators said the new guidelines would help online platforms to tackle addictive design, cyberbullying, harmful content and unwanted contact from strangers.
"Platforms have no excuse to be continuing practices that put children at risk," EU tech chief Henna Virkkunen said in a statement.
The effect of social media on children's mental health has become a growing global concern, with dozens of U.S. states suing Meta, while Australia last year banned social media for children under 16.
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Mint
an hour ago
- Mint
Stocks to buy today: Trade Brains Portal recommends two stocks for 16 July
Stock Market Today: Indian equities rebounded strongly on Tuesday, 15 July, snapping a four-day losing streak as broad-based buying lifted benchmark indices. The Sensex rose 317 points to close at 82,570.91, while the Nifty 50 gained 114 points, or 0.45%, to end at 25,195.80. Mid- and small-cap stocks continued to outperform. The BSE Midcap index advanced 0.83%, while the Smallcap index added 0.95%. Against this backdrop, Trade Brains Portal has picked two stocks—one from the IT sector and another from the energy sector. Why it's recommended:Founded in 1995, Tanla Platforms Ltd. has been the top provider of Communications Platform as a Service (CPaaS) in India, accounting for around 35% of the market. It has led the way in mobile and digital communications innovations and is now the preferred partner for more than 2,500 businesses and their users in a variety of industries in India, Southeast Asia, and the Middle East, including well-known international tech firms like Google, Meta, and Truecaller. They are still growing their presence in the Middle East and Southeast Asia, with India continuing to be their main focus market, which makes up over 95% of their business. In FY25, the company reported a 2.5% YoY increase in revenue to ₹ 4,028 crore, a gross profit of ₹ 1,051 crore, and margins of 26.1%. Ebitda was ₹ 691 crore for the entire year, with an Ebitda margin of 17.2%. The profit margin was 12.6%, with a profit after tax of ₹ 507 crore. The free cash flow was ₹ 514 crore, or 101% of profit after taxes, and the earnings per share were ₹ 37.76. In order to prevent scams on their messaging platform by detecting fraud phone numbers, the company signed agreements with one of the Global Tech Majors on Wisely ATP in Q1 FY25. The company launched Wisely ATP with another top Indian bank in Q2 FY25 and was the first to introduce and execute Call to Action (CTA) whitelisting on the Trubloq platform. The company was one of the top players in the world in Q3 of FY25, delivering one billion RCS business messages in a month. The company is the first to introduce and use PE/TM binding on the Trubloq platform later in Q3. Additionally, the company's subsidiary Karix has worked with a number of partners, including Makemytrip (MMT), Chennai Metro Rail Limited (CMRL), and Axis Bank, to digitise ticketing and enhance customer engagement in various services. The company continues to work with global Internet tech giants like Google and Meta to accelerate the adoption of OTT channels in India. In FY25, their OTT channel doubled in size, and almost one-third of their 400 new customers were on new OTT channels. Risk factors:Tanla is particularly exposed to the possibility of technical failure because it works in a rapidly evolving digital environment. Because of shifting market dynamics and advancements in communication technology, existing CPaaS solutions run the real danger of becoming less competitive over time. Tanla's reputation and clientele may suffer as a result of system malfunctions and potential hacks that steal confidential customer data. Why it's recommended: One of India's top City Gas Distribution (CGD) firms, Mahanagar Gas was founded in 1995 and serves a wide range of clientele in its operating Geographical Areas (GAs) by meeting their various needs. More than 2.83 million PNG households and 1.11 million CNG vehicle users are served by its infrastructure, which includes more than 7,460 km of pipeline and 385 CNG stations. MGL has played a key role in establishing gas infrastructure and encouraging gas use among a range of consumers throughout the Mumbai Metropolitan Region (MMR), including Mumbai, Urban Thane, Navi Mumbai, Kalyan, and others, for more than thirty years. Revenue for FY25 was ₹ 6,924 crore, up 10.87% from FY24's ₹ 6,245 crore, according to the company. Over the past four years, it has grown at a 34% CAGR. Ebitda was ₹ 1,510 crore, while gross profit was ₹ 2,466 crore. The gross margin was ₹ 16.51/SCM, which was more than the FY22 gross margin of ₹ 13.61/SCM. The average sales realization was ₹ 46.54/SCM, higher than FY21's ₹ 26.42/SCM. Over the past four years, PAT has grown at a 14% CAGR to reach ₹ 1,045 crore. As of FY25, ROE was 18.94%. The company wants to expand its customer base in all regions for both PNG and CNG. The market penetration of CNG will rise as more OEMs prepare to introduce CNG-based automobiles. The business intends to invest approximately ₹ 1,300 crore in FY26 and ₹ 150 crore in MGL's subsidiary, UEPL. Approximately ₹ 500 crore would be spent on PNG, including pipelines, and ₹ 300 crore will be spent on CNG. Within the next five years, 250 CNG filling stations and 180 km of steel pipeline are planned. In order to diversify into new markets or bolster its current ones, the company has made a number of acquisitions and partnerships and is growing into various energy-related subsegments. Risk factors: Delays caused by prolonged authorization procedures typically have an impact on the company's project implementation. The installation of CNG stations and an increase in pipeline infrastructure would be necessary to streamline the procedure. Also, exorbitant costs and a lack of available land make it difficult to establish new CNG stations in the company's operating areas. Indian equities opened on a strong note Tuesday, with the Nifty 50 beginning the day at 25,089.50—just 7 points above Monday's close of 25,082.30. The index hit an intraday high of 25,245.20 before settling at 25,195.80, up 113.50 points or 0.45%. On the technical front, the Nifty ended below its 20-day exponential moving average (EMA) but remained above its 50-, 100-, and 200-day EMAs. The Relative Strength Index (RSI) stood at 50.50, comfortably below the overbought zone of 70. The BSE Sensex followed a similar trajectory, opening at 82,233.16, peaking at 82,743.62, and closing at 82,570.91—up 317.45 points or 0.39%. Its RSI came in at 49.59. Like the Nifty, the Sensex closed below its 20-day EMA but held above the longer-term 50-, 100-, and 200-day EMAs. All major domestic indices ended in the green. The Nifty Auto Index led the sectoral rally, ending the day at 23,905.25, up 1.50% or 353.25 points. Stocks such as Hero MotoCorp, TVS Motor, Bajaj Auto, and Samvardhana Motherson gained over 2%. The Nifty Healthcare Index rose 179.95 points or 1.23% to close at 14,787.65, supported by strong gains in Sun Pharma, Fortis Healthcare, and Apollo Hospitals—all of which rose more than 2%. Biocon and Syngene were top performers, advancing 2.99% each. The Nifty Pharma Index also delivered solid gains, finishing at 22,665.70, up 255.35 points or 1.14%. Sun Pharma, Biocon, and Natco Pharma all gained over 2% during the session. A broadly bullish tone was seen across Asian markets: Hang Seng (Hong Kong): +386.80 points (1.60%) to 24,590.12; Kospi (South Korea): +13.25 points (0.41%) to 3,215.28; Nikkei 225 (Japan): +218.40 points (0.55%) to 39,678.02; Shanghai Composite (China): -14.65 points (-0.42%) to 3,505.00 By 4:55pm (India time), US markets appeared relatively flat in early futures trade, with Dow Jones Futures up 17.48 points or 0.04% at 44,471.16. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.


India Today
2 hours ago
- India Today
We're getting access: Trump says India trade deal is near
US President Donald Trump on Tuesday claimed the United States is making significant strides toward securing access to Indian markets, crediting his aggressive tariff strategy for opening doors that had long been shut to American businesses."We're going to have access into India," Trump said, while also announcing a completed trade agreement with Indonesia following a call with President Joko Widodo. "You have to understand, we had no access into any of these countries. Our people couldn't go in. And now we're getting access because of what we're doing with the tariffs."advertisementWhile the White House has yet to provide specific details on the status or content of the proposed US-India trade framework, Trump's remarks signal a renewed push to rebalance trade relationships in Asia. Trump pointed out that his tough tariff stance is yielding results. "Now we're getting access," he repeated, positioning the development as a direct outcome of his trade TRADE TALKS IN WASHINGTONDonald Trump has repeatedly said that a deal with India is nearly done, though some final details are still being worked out. Interestingly, experts familiar with US-India relations believe it's actually a good thing that Trump hasn't sent an official letter to India yet. According to former officials, such a move could have annoyed the Indian government and risked disrupting the nearly completed trade delegation, led by chief negotiator Rajesh Agrawal, are in Washington for planned discussions that have reignited optimism about a possible agreement. India is the biggest US trading partner facing Trump's proposed "reciprocal tariffs." Unlike others -- including the EU, South Korea, Japan, Canada, and Mexico -- India has not received a formal letter from Trump threatening tariffs of 25 to 35 percent starting August THREATENS NEW TARIFFSAs Donald Trump sets an August 1 deadline to roll out high tariffs on multiple countries to address "unfair trade practices", he's also warning of more tariffs that could complicate ongoing is also frustrated with Brics nations due to the bloc's push to reduce reliance on the US dollar. India is also a member of the bloc. Trump is threatening a 50 percent tariff on another member of the bloc -- Brazil. He's also considering a 10 percent tariff on all Brics members and a 100 percent levy on countries that continue to buy oil and gas from Russia. India, notably, is the second-largest buyer of Russian fossil fuels.- EndsWith inputs from AgenciesTune InMust Watch


NDTV
4 hours ago
- NDTV
Trump Says Ukraine Should Not Target Moscow
Washington: US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US plan to supply weapons to Kyiv along with sanctions threats against Russia would delay peace efforts. Trump on Monday gave Russia 50 days to strike a peace deal with Ukraine, voicing exasperation with Moscow, and announcing that NATO members would supply Kyiv with new military aid. In what would be an even more extraordinary shift, the Financial Times reported that Trump spoke to Ukrainian President Volodymyr Zelensky about providing US missiles to hit Moscow. But asked by reporters at the White House if Zelensky should look at striking the Russian capital, Trump replied: "No, he shouldn't target Moscow." Trump had taken office vowing to end the conflict swiftly and to stop the flow of billions of dollars of US weapons to Ukraine. The Republican put heavy pressure on Zelensky and initially touted his relationship with Russian President Vladimir Putin. Under pressure from Trump, Moscow and Kyiv opened talks on the conflict, which has ground on for more than three years, but the only concrete result has been prisoner exchanges. Russia has rejected calls for a ceasefire and launched a record number of drones and missiles at Ukraine in recent months. Moscow said it needed more time to respond fully to Trump's Monday announcement, but suggested it was not conducive to diplomacy. "It seems that such a decision made in Washington and in NATO countries and directly in Brussels will be perceived by Kyiv not as a signal for peace but for the continuation of the war," Kremlin spokesman Dmitry Peskov told reporters. "President Trump's statement is very serious. We certainly need time to analyze what was said in Washington," he told reporters in Moscow's first reaction to the comments. Trump warned that if no deal was concluded, he would slap severe tariffs on Russia's remaining trade partners in a bid to impede Moscow's ability to finance its military offensive. Pumped up by huge state spending on soldiers and weapons, as well as by redirecting vital energy exports to the likes of China and India, Russia's economy has so far defied US and EU attempts to push it into a deep recession through sanctions. - Burden on Europe? - Most European allies have cheered the return of a hard US line, although Slovakia, led by Moscow-friendly populist Robert Fico, has resisted new EU sanctions on Russia. But EU foreign policy chief Kaja Kallas also called for the United States to help fund the new weapons. "We welcome President Trump's announcement to send more weapons to Ukraine, although we would like to see US share the burden," Kallas said after a meeting of EU foreign ministers in Brussels. "If you promise to give the weapons, but say that it's somebody else who is going to pay for it, it is not really given by you." Trump has been pushing allies to step up defense spending -- and to buy from US manufacturers -- and has long said the United States shoulders too much of NATO's burden. Denmark, the Netherlands and Sweden -- which joined NATO after Russia sent troops into Ukraine in 2022 -- all said they wanted to participate in Trump's plan. Sweden's Defense Minister Pal Jonson in a statement to AFP said his country "would contribute" and said Ukraine was in "great need of more air defense," given Russia's "constant bombings and attacks." - 'Game of chess' - Tens of thousands have been killed since Russia launched its offensive, with millions forced to flee their homes in eastern and southern Ukraine, which has been decimated by aerial attacks and ground assaults. In Moscow, residents dismissed Trump's statement as little more than politics. "It's a game of chess," Svetlana, an aviation engineer said. Trump "gave 50 days, and then there will be more... We are waiting for the next move of our president," the 47-year-old said. Ukrainian soldiers fighting in the east were hopeful but cautious about Trump's position. "I don't believe him. There have been too many promises that haven't been kept," said one soldier with the call sign "Shah." Others were worried it might be too little, too late. "Of course it's good, but at the same time, time has been lost. Those Patriots could have been sent sooner and could have helped a lot," another fighter called "Master" told AFP. Ruslan, a 29-year-old soldier, said: "If there is even the slightest chance to improve the situation for us and worsen it for them, then that's already positive." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)