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US TikTok users lose access to app; Trump likely to give 90-day reprieve

A law banning TikTok has been enacted in the US, according to an in-app pop-up message. Unfortunately, that means you can't use TikTok for now

AI startup Perplexity said to submit bid to merge with TikTok's US unit

A merger with TikTok may give Perplexity access to a vast user base and a wealth of data that would feed its AI-driven search engine

US, Indian leaders to work towards easier nuclear liability laws: Garcetti

Ambassador Eric Garcetti said leaders from the ruling Bharatiya Janata Party, as well as opposition parties were interested in looking for a "way forward" on the matter

China's BYD launches Sealion 7 EV in India, deliveries to begin in March

The company did not give details of pricing as it started accepting bookings for the vehicle at the Bharat Mobility Global Expo 2025 in New Delhi

US to take extraordinary steps to avert a default, says treasury secy

Yellen wrote in a letter to bipartisan congressional leaders Friday she was advising them of the extraordinary measures that Treasury will begin using on January 21

Biden admin allocates $27 bn to clean energy before Trump transition

The move marks President Joe Biden's last-ditch efforts to secure his climate legacy before Trump takes charge

Donald Trump plans on designating cryptocurrency as a national priority

Still under discussion for inclusion in the executive order is a directive for all government agencies to review policies about digital assets and possibly pause any litigation involving crypto

HDFC Bank, Hindustan Unilever squeeze amidst middle class struggles

HDFC Bank and Kotak Mahindra Bank are expected to report increases in bad loans, which should lead to higher provisions and weigh on quarterly profit

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