with the world's most -0 - ulous with the world's most “oulous count - with the world's most populous country because - - with the world's most populous country because its l populous country because its stars voting today. elections in india will be held over seven phases and the first one gets under way on friday across 102 of the 543 seats. my colleague send this report from the southern state. i am one of the southern state. i am one of the busiest commercial streets, the busiest commercial streets, the city is the capital of the southern indian state which sets the lawmakers of the indian parliament. also state that found itself in the middle of crucial policy decisions as well as economic discourse, making it the country's second—largest economy contributing nearly 9% to the indian gdp. it's also been a state that's attracted big foreign players, samsung, heian hyundai as well as the others to diversify beyond china. all political parties like to showcase their winds and talk about how they got on foreign investment, these elections are also being fought on crucial

economic concerns. at the forefront, the voice on the torres straight islanders talking about unemployment, how india's educated is still struggling to find jobs. public spending has been added lowest in the last 20 years as well as inequality has widened to 100 year high. so while on paper, in remains one of the fastest growing economy in the world, a fact that the ruling part of the party is looking to showcase as it hopes to come back and regain powerfor a record third time, the opposition is hoping to win on the argument that this development but the rolling bjp has not been enough and has not been for everyone. but test for india's political establishment begins now. in the us, netflix kicked off the earnings season for technology giants with the report card which meet expectations. the streaming giant added more than nine women subscribers in the first quarter, technology media analyst ben barringer gave us the breakdown.

the numbers were strong, generally across the was up 15%, very strong margin performance, the guide for q2 is also pretty strong, 16%. so this was an excellent quarter, they are also guiding the full year for 13%—15%. the only issue is the stock is off about 4% after hours and i think the real negative there is that expectations for some investors. the other thing that is a slight fly in the ointment is they are no longer going to provide a subscriber guide is an 2025 so that is still three quarters away but some will still be disappointed by that. icon will receive $6 billion from the government to produce advanced memory chips, chuck schumer says the money will be used to expand micron strip facilities, rifle chipmakers in tsmc were recently awarded grants and that helping to

raise strip reductions in the united states. staying with the united states. staying with the united states. staying with the united states and the house speaker will include the tiktok bill in a package bill that has been fast tracked through congress this saturday. lawmakers want tiktok sonar bytedance to divest us assets or face a ban. bytedance to divest us assets orface a ban. social media platform has enjoyed growth since its 2418 launch in the united states where it has 150 million users. wideband the platform? 0ur million users. wideband the platform? our business reporter explains. 0ne platform? our business reporter explains. one of the hottest apps right now with more than a billion active users worldwide, most of them young and they tend to spend more time on tiktok than any other app which makes it very attractive for advertisers. but not everybody is happy about it, politicians and the us, tiktok speaker market, had set their sights on the up, they seem to have a problem with tiktok owner dance. it was created in beijing in 2012 and since then, it's become one of the fastest

growing companies out of china. and it's precisely bytedance as 0rigin that has us lawmakers worried. they say bytedance is a chinese company and as such, it could be compelled by the chinese government to either give up the data it is on american users or to conduct influence operations among the american public. according to tiktok, it is a myth that bytedance is a chinese company. the company says 6% of bytedance is owned by global edition investors like kialoa group, generalatlantic and group, general atlantic and international group. group, generalatlantic and international group. another 20% is owned by tiktok employees around the world while only the remaining 20% is owned by bytedance chinese founder. still, that has been enough to convince lawmakers and they have at least two other reasons for that. under chinese law, chinese companies, bytedance included, must have an in—house group of employees who are communist party members and there is also a golden share system in place whereby the chinese government, has been taken and influential 1%

stake in key subsidiaries in data rich companies. regardless of who is wrong and who is right, about control over bytedance, tiktok is all the rage right now, one of the world's most downloaded apps and its viral videos have captured the short attention span of an entire generation. it's no wonder then that its owners are fighting tooth and nail against breaking up the tech giant. you can find more of an entire generation. it's no wonder then that its owners are fighting tooth and nail against breaking up the tech giant. you can find more about coverage and analysis on tiktok on the bbc website. a key member of the federal reserve which is set interest rate in america has told the bbc that the us is in no hurry to cut interest rates. the president of the atlanta fed explained whites were economics editor. i've been saying for a long time that i expect the us economy to be strong, to continue to be strong but not quite the strike, it is much stronger and resilient and i've had expected. the one thing that i would add on its inflation is still higher than

i would like and wanted to get inflation all the way down to 2% target. i'm comfortable to taking a little longer for inflation, if we were doing to create a lot ofjobs and i'm not in a rush to get to 2%, i think i have to make sure that the economy doesn't start to move in the other direction so that inflationary pressures move up and we start to move away from our target but that's not what i'm seeing now. and so, i'mjust not what i'm seeing now. and so, i'm just going to stay vigilant and make sure that if that does happen, we are ready to act. in that does happen, we are ready to act. , ., ., , , to act. in terms of “obs created. i to act. in terms of “obs created, those h to act. in terms ofjobsl created, those numbers to act. in terms ofjobs - created, those numbers keep on shocking on the upside, the economy numbers of gdp numbers also, is this the result of what the us government has been doing and pumping the economy? this combination of things that have all added up to much more resilient and robust consumer and businesses have also been able to fill in because it had able to fill in because it had a lot of immigration, other supply chain challenges that

happened during the pandemic, they are done now and it's a combination of factors that has caused us to really continue to be able to grow.— be able to grow. baszler what ha--ens be able to grow. baszler what happens to — be able to grow. baszler what happens to interest _ be able to grow. baszler what happens to interest rates, - be able to grow. baszler what| happens to interest rates, you decide as as you help decide those and your current best estimates is that those us interest rates which have put up interest rates which have put up to join inflation only come down a little bit this year and may be at the back end of the year? may be at the back end of the ear? . �* , may be at the back end of the ear? . �*, , may be at the back end of the ear? . �*, my year? that's exactly right. the us economy — year? that's exactly right. the us economy will _ year? that's exactly right. the us economy will continue - year? that's exactly right. the us economy will continue to l us economy will continue to grow for 2024 but that growth will come with a cost which is that inflation will come down very, very slowly. and because of that, it's going to be important for us to keep our policy at a restrictive level, we will be able to eat some of that restrictiveness at the end of 2024 and i think we probably won't get a target teal one under 2025 and another thing that i try to tell fox is, let's be patient. let's not be in a hurry especially since there is so much stuff happening on the unemployment

site. , . , happening on the unemployment site. ., , ., ., site. tesla shares have fallen to their lowest _ site. tesla shares have fallen to their lowest level - site. tesla shares have fallen to their lowest level in - site. tesla shares have fallen to their lowest level in more | to their lowest level in more than a year. this came after deutsche bank raised concern over the electric vehicle makers on creating new products like rubber taxi while its profit is under pressure. shares in the elon musk led company fell after the brokerage cut its price target for the stock. is boom time electric vehicles over? rising electricity cost plus the end of generous government subsidies in some countries have made it is more expensive compared to cars running on petrol and diesel. in norway, nine out of ten car sold this year have been electric models. my year have been electric models. my colleague has been speaking to the state secretary of the norwegian of transport. i think the reason _ norwegian of transport. i think the reason for _ norwegian of transport. i think the reason for this _ norwegian of transport. i think the reason for this is _ norwegian of transport. i think the reason for this is that - norwegian of transport. i think the reason for this is that we l the reason for this is that we introduced a broad package of incentives and of course, you need a good economic national economics to do that but we agreed upon a broad package in

long—term and medium turn that was predictable for the customers and predictable for the private sector so, it was both tax incentives but also use your intensive is for the customers. use your intensive is for the customers-_ customers. you know some critics may _ customers. you know some critics may ask _ customers. you know some critics may ask if _ customers. you know some critics may ask if your - critics may ask if your incentives have been too successful because the argument is that these generous incentives actually make norway even more carter centre, as opposed to following other countries models of encouraging people to use more climate fluently forms of public transport and cycling, for example, but what you have got nowhere, people a second even a third car, you've got more cars on the road now, what do you say to those critics? i on the road now, what do you say to those critics?— say to those critics? i say it's a good _ say to those critics? i say it's a good argument. - say to those critics? i say it's a good argument. i i say to those critics? i say i it's a good argument. i think it's a good argument. i think it's important to acknowledge that electrical cars have competitive edges to the public

transport and we followed that very closely particularly in urban areas are so, we are ready to change the policy if we can see that the market is going on the wrong direction. you can catch a whole episode of talking business this week and on bbc news and that brings us to open close on the asia business report for this hour. i will see you again soon. bye for now.

hey, i'm zof with the catch up. we start in scotland, where the government scrapped one of its big climate change targets. their plan was to cut greenhouse gas emissions, which caused the planet to heat up by 75% by 2030. ministers now say that's out of reach. they're blaming uk government cuts and backtracking on climate measures. campaigners say they're disappointed.

we are backtracking, we are removing targets and we are really looking at the fact that we have not been doing enough when it comes to reducing carbon emissions. scotland's goal of reaching net zero by 2045, five years earlier than the uk as a whole will remain though, net zero means not adding more harmful greenhouse gases to the atmosphere than you'll take it out. next, it's a tough time for a lot of students with exams coming up. but this year, it could be even harder for students with adhd, as there's been a shortage of medication since september. this is because of more demands and problems with supply. some students are even having to ration their medication. alice told us how it's affecting her. i'd be terrified. i genuinely don't know how i would be able to get get through my gcses, especially achieve the grades i wanted to or even, i don't know if i would be able to finish the exam. time now to leave you with ten seconds of a tiktok knitter

setting the world record for the most blankets knitted in 24 hours in a charity challenge. he knitted 19 blankets in memory of his grandmother who also loved knitting. that is adorable. i love it. you're all caught up now. see you later. hello and welcome to sportsday. i'm gavin ramjaun. coming up on the programme: there'll be no european success in jurgen klopp's final season at liverpool, beaten by atalanta in the europa league quarterfinals. there could be glory in europe for aston villa, though, as they cope with the pressure of penalties

and reach the semifinals of the europa conference league. getting back to her best: emma raducanu eases past linda noskova to reach the quaterfinals in stuttgart. and a surprise early contender at the chevron championship as world number 94 lauren coughlin sets the pace. hello and welcome to the programme. on wednesday, we found out the semifinal line—up for the european champions league. now, we know the final four teams in the europa league and the europa conference league. we'll start in bergamo in italy, wherejurgen klopp's hopes of finishing his time as liverpool manager with a european trophy are over after they were knocked out by atalanta. liverpool won the second leg 1—0 but it wasn't enough to avenge their first leg 3—0 defeat at anfield. vicky sparks was watching.

after so many down the years, there was to be no great