Uber posts $1 billion loss in first quarterly earnings

Available for over a year

The ride-hailing and transport company posted the loss despite a 20% rise in revenues. We ask Professor Annabelle Gawer, director of the Centre of Digital Economy, whether Uber can ever be profitable. India's Prime Minister Narendra Modi is sworn in to start his second term in office. We catch up with some law students in Varanasi to hear what they thought about the election process. And we hear from the singer and producer will.i.am as he launches his new podcast looking at disruption in business. Fergus Nicoll is joined throughout the programme by Jyoti Malhotra, National & Strategic Affairs Editor at The Print, who's in Delhi, and Tony Nash, chief economist at Complete Intelligence in Houston. (Picture: the Uber logo on a smartphone. Credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images)