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India's $4 trillion economy has entered structural slowdown: UBS Group

The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said

'Unease' of doing business in India: Bureaucracy pushes factory costs up

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

'TikTok Refugees' in US test Xi's firewall while embracing Chinese RedNote

After the US Supreme Court signaled it was likely to uphold a law banning the popular TikTok social media app, a reported 700,000 new users flooded onto the Chinese app, Xiaohongshu

As pressure mounts, UK govt announces probes into child rape gangs

The announcement marks a partial retreat by Prime Minister Keir Starmer, who had pushed back against demands by Musk and others for a fresh national inquiry into the child rape gangs

Indian hotel industry cannot surrender to 'civil society's' marriage police

Unlike toy makers or sellers of detergent, service-based companies must deal with customers as people, but there's no point achieving scale at the cost of your brand's core appeal

Downfall of Byju's, India's hot edutech startup, wipes out US debtholders

Recoveries will need to come from how Indian courts rule on the company's broader insolvency plan and how it aims to repay creditors; it's unclear how much, may be available to those in US

Canada prepares tariffs on $105 billion of US products if Trump hits first

Canada imported C$487 billion worth of US goods in 12 months to November, so retaliatory tariffs would cover nearly a third of the value of products it buys from its southern neighbour

Blackstone expects $3 billion in sale of Bob Dylan, Adele song rights

A handful of financial firms, including Apollo Global Management Inc., Warburg Pincus LLC and Temasek Holdings Pte, Singapore's state-owned investment firm, have expressed interest in the assets

US bans imports from 37 Chinese firms over forced labour practices

The firms include mining giant Zijin Mining Group, and solar companies such as a subsidiary of JA Solar Technology Co., according to a statement from the Department of Homeland Security

RBI must shun excessive forex market intervention, says former head

Rupee tested a series of new lows recently, slipping to an all-time low of 86.7025 per dollar on Jan 14, and rose 0.3 per cent on January 15

US to ban cancer-linked Red Dye No 3 in cereal, candy, other foods

The move comes more than 30 years since the Food and Drug Administration prohibited the use of Red No. 3 in cosmetics after studies found tumors linked to the dye in lab rats

Nvidia's $3 trillion rally faces challenges, Wall Street stays confident

That turbulence has been on display recently, with Nvidia shares slumping after a presentation by Chief Executive Officer Jensen Huang fell short of investors' high expectations

Indian refiners rush to pay for Russian oil ahead of sanctions cutoff

Pressure to stay clear of sweeping US sanctions means the refiners are now aiming to settle payments for the discounted barrels in just two days instead of the previous five

Jio Finance plans first local debt market foray amid tightening RBI rules

However, Jio will borrow from the local currency debt market first to leverage its top credit rating, the people said. Crisil Ratings graded its different debt facilities at AAA with a stable outlook

Amid competition & delays, Volkswagen faces another year without new EVs

The manufacturer's deliveries risk slumping again because its namesake VW brand doesn't have a new electric car coming in 2025

Trump's pressure & clarity of demand may secure Gaza ceasefire deal

As US Secretary of State Antony Blinken sought to highlight in a valedictory speech at Washington's Atlantic Council on Tuesday, the deal on offer appears to have changed very little

Elon Musk's deconstruction of X might show what's in store for TikTok

The world's wealthiest man has long said he hopes to create an 'everything app,' and incorporating TikTok into X, formerly Twitter, would take him a step toward that goal

Vedanta creditors likely to meet in February to approve business split

Vedanta plans to divide its business into units focused on aluminum, oil & gas, power, steel and finally semiconductors, which will be left in the original business with electronics and copper assets

LA rental hits nearly $40,000 a month as fires swirl housing market

Since evacuees are naturally looking for residences close to their burned properties, the competition is fiercest in areas that were already tight

World prepares for Trump tariffs even before his White House return

Soon after calls to congratulate the president-elect on his Nov 5 victory, officials began quietly looking for ways to appease him while simultaneously mapping out ways to retaliate if needed