MUZMATCH, a leading Muslim dating and marriage app, has lost a long legal battle to keep its name. A court in the UK has ruled that the start-up had infringed on the trademark of multibillion-dollar company, Match Group, which claims to have “pioneered the concept of online dating” more than 20 years ago.
The US dating giant behind Tinder and OkCupid won the court battle against Muzmatch after accusing it of copying its product and services. Lawyers for Match Group, which owns Tinder and Hinge as well as Match.com, accused Muzmatch at a court hearing in January of “free riding” on its reputation in order to become a major player in the online dating market.
Match Group has been at odds with Muzmatch for some time now, having successfully challenged Muzmatch’s trademark registrations in the EU and the U.K. since 2016. The group had also made several attempts to buy the Muslim dating app between 2017 and 2019, Muzmatch’s lawyers said at the January hearing.
In his judgment, the deputy high court judge Nicholas Caddick QC stated that this “would have led some consumers to assume that the goods and services offered by Muzmatch were somehow connected with or derived from Match”. According to the American company, the British firm (Muzmatch) also used keyword tags including “match-muslim” and “uk-muslim-match”, which it claimed were an attempt to “ride on the coattails” of Match’s registered trademarks.
Muzmatch’s chief executive, Shahzad Younas, said he would appeal against the judgment but vowed to continue the platform, even if it meant rebranding. Younas, 37, a former Morgan Stanley banker who launched Muzmatch in 2011 with the aim of providing a safe environment for single Muslims to meet online, added that he had spent $1m fighting Match Group in court in the UK and the US.
He added: “The number of Muslims in the community, Muslim organisations, and individuals, businesses, etc, who’ve said: ‘I’m so glad that you’re fighting this and you didn’t back down’ … For them, there was a principle at stake. In their eyes, and we’ve heard this from customers as well, it’s so important that a Muslim-led startup creates products for the community.”
Muzmatch states that “the judge did mention that he didn’t believe we were intentionally using Match Group’s brand to our advantage, but this was little consolation. It’s a disappointing result, but we’re most worried about the chilling effect this has in the tech industry. What does it say when a multi-billion dollar company can use its weight to stifle competition in this manner?”
Muzmatch may have lost the case but Younas has not given up. He says, “Whilst we respect the judgement, we wholeheartedly disagree with this ruling and intend to appeal. This fight isn’t over! I have truly been touched by the love and solidarity I’ve received from the global Muslim community who recognise the very real contribution we’re making. Thank you from the bottom of my heart.”
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Jaishankar met Harris over a working breakfast at the Department of Foreign Affairs, where they finalised an 'Action Plan' aimed at strengthening bilateral relations. (Photo: X/@DrSJaishankar)
India, Ireland to strengthen trade ties with new Joint Economic Commission
Mar 08, 2025
INDIA and Ireland have agreed to establish a Joint Economic Commission (JEC) to boost trade, investment, and technology collaboration, external affairs minister S Jaishankar announced after a meeting with Irish foreign minister Simon Harris in Dublin on Friday.
Jaishankar met Harris over a working breakfast at the Department of Foreign Affairs, where they finalised an "Action Plan" aimed at strengthening bilateral relations.
This was the first visit by an Indian external affairs minister to Ireland and the first high-level political visit from India since prime minister Narendra Modi’s trip in 2015.
“We discussed our bilateral cooperation, including a new Action Plan to reinvigorate ties. Agreed to set up a Joint Economic Commission (JEC) to increase our trade, investment and technology linkages,” Jaishankar posted on social media.
He said they also exchanged views on global and regional developments, including the Ukraine conflict, West Asia, Afghanistan, and the Indo-Pacific, as well as India-EU cooperation and multilateralism.
The Irish government said the JEC will serve as a platform to enhance coordination and strengthen its partnership with India.
“With two-way trade already at €16 billion, we're committed to strengthening every opportunity for growth, investment, and collaboration,” Harris said.
Harris added that the Irish government had approved an Action Plan for engaging more closely with India. “This is a clear demonstration of Ireland's commitment to deepening our engagement with India as a key bilateral partner,” he said.
As part of this plan, the two ministers signed a memorandum of understanding (MoU) on the diplomatic exchange of officials.
“We also discussed a range of bilateral issues, including cultural and people-to-people links, Ireland’s engagement with India as a committed EU member, and global issues such as Russia’s war in Ukraine, the Middle East, the Indo-Pacific, and climate change,” Harris said.
“We agreed that by working more closely together at the multilateral level, we can better address bilateral and global issues in a mutually beneficial manner,” he added.
Jaishankar concluded his Ireland visit by paying tribute at a memorial to Nobel laureate Rabindranath Tagore at St Stephen's Green Park in Dublin.
He is scheduled to inaugurate new Consulates General of India in Belfast, Northern Ireland, and Manchester, England, before concluding his week-long UK and Ireland tour.
(With inputs from PTI)
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Reeves is expected to announce welfare spending cuts worth billions of pounds in the Labour government's Spring Statement on March 26. (Photo: Getty Images)
Welfare system too costly, needs reform: Rachel Reeves
Mar 08, 2025
CHANCELLOR Rachel Reeves said on Friday that the UK’s welfare system is "costing too much" and must be reformed as the government faces financial pressures from high inflation and borrowing.
Reeves is expected to announce welfare spending cuts worth billions of pounds in the Labour government's Spring Statement on March 26. The statement will be a follow-up to her first budget last October, according to reports this week.
Economic challenges, including global uncertainty over US tariffs and the war in Ukraine, have affected the UK's finances, reducing the Labour government's £9.9 billion fiscal cushion.
"We've got to reform our welfare system, because at the moment, it's letting down taxpayers because it's costing too much," Reeves said on Sky News' Electoral Dysfunction podcast.
She added that the system is "letting down our economy" and leaves people "trapped on benefits, rather than actively supported back into work."
"We need to get better value for money for what taxpayers put in," she said.
The Financial Times reported on Friday that the Treasury is considering cutting funding for GB Energy, Labour's green energy infrastructure project, to reduce costs. The initiative was launched after the party's general election victory last July.
The government had allocated £8.3 bn over five years as part of prime minister Keir Starmer’s plan to meet Britain’s climate targets.
"We are fully committed to GB Energy, which is at the heart of our mission to make Britain a clean energy superpower and to ensure homes are cheaper and cleaner to run," a government spokesperson told AFP in response to the FT report.
Reeves faces challenges in meeting her own fiscal rules, which prevent borrowing for day-to-day spending. The rules are aimed at maintaining financial market confidence in government spending plans.
While cutting costs, Starmer last week pledged to increase UK defence spending to 2.5 per cent of GDP by 2027. The decision comes amid concerns over the United States’ commitment to Ukraine and NATO.
(With inputs from AFP)
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Lloyds to hire 4,000 tech workers in India, cut UK jobs: Report
Mar 07, 2025
LLOYDS Banking Group is hiring hundreds of IT engineers in India while planning to cut similar jobs in the UK, according to a report.
The bank aims to have 4,000 permanent technology and data employees in India by the end of the year, nearly half of its global engineering workforce, reported the Financial Times.
These employees will be based at a tech centre in Hyderabad, which opened in 2023. Lloyds is currently recruiting full-stack, cloud, and quality engineers for the facility as part of its IT transformation.
The bank recently warned 6,000 UK IT employees that their jobs were at risk due to a review of required skills. It plans to create 1,200 new high-skilled tech jobs, but employees must apply for them through a competitive process.
Lloyds has not specified how many roles will be cut but has acknowledged some workers will lose their jobs, FT reported.
Chief operating officer Ron van Kemenade said in a letter to staff that while many employees would transition to new roles, some would not secure positions due to skill requirements, location, and reduced demand.
Mark Brown, general secretary of Lloyds’ independent union BTU, criticised the decision, calling it “breathtaking hypocrisy.” He urged the bank to invest in training UK-based IT specialists through apprenticeships.
Other UK banks, including NatWest and Nationwide, have also shifted IT operations to India.
Lloyds is implementing these changes as part of a £4bn investment plan led by CEO Charlie Nunn, aimed at improving returns through digitisation and cost-cutting.
The bank has already announced plans to cut 500 jobs and close 136 branches this year.
Lloyds said the restructuring involves creating new roles, upskilling staff, and letting go of some employees who have contributed to the bank’s past success.
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Decreased urban consumption and reduced government spending have dampened economic activity over the last few quarters
India’s GDP ticks up 6.2 per cent on increased spending last quarter
Mar 06, 2025
INDIA’S economy expanded a little more than six per cent in the December quarter, official data showed last Friday (28), marking an uptick from the previous quarter as the country prepares for the fallout of US president Donald Trump’s protectionist trade policies.
The figures – an increase from the July-September period – will likely be welcomed by policymakers in the world’s fifth-largest economy, which has been grappling with unexpectedly sluggish growth in the face of potential US tariffs.
Data from India’s statistics ministry showed that gross domestic product (GDP) grew 6.2 per cent in the three months to December on increased government and consumer spending, when compared to the same period last year, largely matching analyst expectations.
The reading also comes well above the revised 5.6 percent year-on-year growth recorded in the previous quarter.
India also slightly revised upwards its growth projection for the fiscal year through March 2025 to 6.5 per cent, from an earlier forecast of 6.4 per cent.
Chief economic adviser, V Anantha Nageswaran, told a press briefing that the latest projections reaffirmed that India’s growth rate “continues to stand out among peer groups both in advanced and developing economies”.
But the December quarter’s growth remains below the eight per cent pace that experts say India needs to create enough well-paying jobs and generate economic prosperity.
Analysts said the road ahead may be tough. “To achieve the 6.5 per cent growth target for this fiscal year, we will need to see a little over seven per cent-plus growth in the March quarter,” said Teresa John of Nirmal Bang Institutional Equities.
“To me, this doesn’t seem easily achievable and appears to be a high ask rate,” she said.
Muted urban consumption and lower government spending have taken a toll on economic activity over the last few quarters.
The slowdown prompted the government to deliver $12 billion (£9.4bn) in income tax cuts and the central bank to cut interest rates for the first time in nearly five years.
“The economy is still fairly soft by India’s recent standards,” Harry Chambers of Capital Economics said, but with “policy now decisively turning more supportive, economic growth should pick up further over the coming quarters”.
Analysts at Nomura have flagged that India’s relatively higher tariff rates and its trade surplus with the US place it at risk of reciprocal tariffs.
While details regarding Trump’s ‘eye-for-eye’ tariff plans are still unclear, estimates by SBI Research suggest India’s GDP could see a 50 basis point hit if the United States slapped a 20 per cent flat tariff on the country’s exports.
New Delhi has been quick to respond so far, preemptively cutting tariffs on products including high-end motorcycles and bourbon whisky.
India’s prime minister Narendra Modi’s visit to the US last month saw both countries announce plans to negotiate the “first tranche” of a trade agreement by autumn this year.
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India, EU set December deadline for free trade deal
Mar 05, 2025
INDIA and the European Union agreed last Friday (28) to finalise a free trade deal by the end of the year, marking their first commitment to a deadline after years of talks. This move comes as both sides seek to soften the impact of tariff increases from the United States.
The announcement was made by European Commission president, Ursula von der Leyen, on a two-day visit to India, and India’s prime minister, Narendra Modi, at a joint press conference.
“We have asked our teams to work out a mutually beneficial bilateral free trade agreement by the end of this year,” Modi said in New Delhi.
Von der Leyen said they were “expecting a lot from our trade negotiators”.
“We have tasked our teams to build on this momentum and finalise our FTA before the end of the year,” von der Leyen said after the meeting.
Standing beside Modi, the EU chief added: “We told them they should surprise us”.
Both sides have for years been trying to strike a free trade pact, which would involve major concessions by India – one of the world’s most protected markets. Talks for an India-EU free trade deal resumed in 2021 after having been stalled for eight years.
“We have prepared a blueprint for collaboration in the areas of trade, technology, investment, innovation, green growth, security, skilling and mobility,” Modi said, adding officials have been asked to conclude the deal by the end of the year.
The EU is India’s largest trading partner in goods, with two-way trade growing about 90 per cent over a decade to stand at $137.5 billion (£108.1bn) in the 2023-2024 fiscal year.
Von der Leyen called for an “ambitious” trade and investment deal that could cover industries from batteries and pharmaceuticals to semiconductors, clean hydrogen and defence.
With members of the College of Commissioners and Indian ministers and officials in New Delhi last Friday (28)
The visit by von der Leyen, accompanied by leaders of EU nations, comes at a time of rising geopolitical tension and as US president Donald Trump has threatened to impose reciprocal tariffs on all nations, including the EU and India, by April.
“We both stand to lose from a world of spheres of influence and isolationism, and we both stand to gain from a world of cooperation and working together,” she said, ahead of talks with Modi. “But I believe this modern version of great-power competition is also an opportunity for Europe, and India, to reimagine its partnership.”
The deal had been delayed for many years by New Delhi’s reluctance to lower tariffs in some areas, while the European Union proved reluctant in easing visa curbs on Indian professionals.
The EU wants India to lower tariffs of more than 100 per cent on imported cars, whiskey and wine, while India seeks greater access for its cheaper drugs and chemicals in the EU market.
India also wants lower tariffs on its exports of textiles, garments and leather products. It also opposes an EU proposal to fix tariffs of 20 per cent to 35 per cent from January 2026 on high-carbon goods, including steel, aluminium and cement.
“It won’t be easy to conclude the free trade talks unless India agrees to drastically cut tariffs on automobiles and other products that could hit domestic industry,” said Ajay Srivastava, of Delhi think-tank Global Trade Initiative.
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