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| 06 January, 2021, 08:38 AM IST | E-Paper
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Economic Times | 06 Jan, 2021 | 08.12AM IST

LIVE News Updates: Donald Trump signs order banning transactions with 8 Chinese apps

US President Donald Trump Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay that is resulting in escalating tensions with Beijing.

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08:12 AM

'India home to 21 unicorns valued at USD 73.2 billion'

  • India is currently the third-largest startup ecosystem in the world and is home to 21 unicorns valued at USD 73.2 billion, India's top envoy in the US has said, as he expressed hope that more than 50 startups might join the unicorn club as early as 2022.
  • “Entrepreneurial activity has picked up in India. In 2020 India was among the top 50 innovative economies," India's Ambassador to the US Taranjit Singh Sandhu said.
07:26 AM

Trump signs order banning transactions with 8 Chinese apps

  • U.S. President Donald Trump Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay that is resulting in escalating tensions with Beijing before President-elect Joe Biden takes office this month.
  • "The following actions shall be prohibited beginning 45 days after the date of this order, to the extent permitted under applicable law: any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with persons that develop or control the following Chinese connected software applications, or with their subsidiaries, as those transactions and persons are identified by the Secretary of Commerce (Secretary) under subsection (e) of this section: Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office," the order said on Tuesday.
06:57 AM

Lucknow University launches 'Karmayogi Scheme' to offer part-time jobs to students

  • Lucknow University (LU) has launched the 'Karmayogi Scheme' which offers students part-time jobs while continuing their studies on the campus.
  • While talking to ANI, Prof Alok Kumar Rai, vice-chancellor of LU on Tuesday said that a student can earn up to maximum Rs 15,000 in a year through the 'Karmayogi Scheme'.
06:56 AM

IMD detects rain in parts of Delhi NCR

Thunderstorm with light to moderate rain would occur at isolated places over & adjoining areas of South, Southwest, Northwest Delhi, Rewari, Bhiwadi, Manesar, Gurugram, Palwal, and Muzaffarnagar during next 2 hours (issued at 6:15 am): India Meteorological Department
06:55 AM

Hong Kong arrests

Over 50 pro-democratic activists in Hong Kong have been arrested for breaking the city’s contentious national security law, local media reported. (Reuters)
06:54 AM

Mentally unsound man, who crossed over to Pakistan, returns home after 11 years

  • Punvasi Lal walked into home in Uttar Pradesh's Mirzapur district on Tuesday, eleven years after he slipped into the Pakistani territory.
  • Lal, who is mentally unsound, had inadvertently crossed into the Pakistani side when he lost the way along the Indo-Pak border in Rajasthan in 2010, police said.
  • He spent the next 11 years in a jail in Lahore after he was charged for unauthorised entry, they said.
06:54 AM

Grammys postponed amid spike in COVID-19 cases

The 63rd annual Grammy Awards, set to be presented this month, have been delayed amid concerns about COVID-18, as reported by The New York Times (NYT) on Tuesday (local time). The awards show will now be held on March 14, according to a statement from Grammy organizers.
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