AI disruption: At $380 billion, Anthropic valuation more than combined market cap of top Indian IT stocks

In February 2026, the company secured $30 billion in its latest funding round, pushing the valuation of the Claude chatbot developer to $380 billion. (AI image) Anthropic – it’s a name that has taken the technology world by storm globally – and its impact on Indian IT stocks has been significant. Anthropic – now valued…

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India-Israel FTA talks: Piyush Goyal hails ‘productive interaction’ as PM Modi visits Tel Aviv

Piyush Goyal (File photo) Union Minister Piyush Goyal on Wednesday said the shared vision of Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu is “steadily translating into action,” as negotiations for an India–Israel Free Trade Agreement (FTA) gather momentum, as PM Modi reaches Israel.In a post on X, Goyal highlighted ongoing discussions with…

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‘Civilisational shift’: TCS CEO K Krithivasan encourages AI adoption even if it ‘cannibalises revenue’

TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director and…

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Catch a falling diamond! Indians want solitaires as price falls by 30%

Craving that solitaire ring? Now might be the perfect time. A steep drop in diamond prices is reshaping jewellery buying trends in the country, with solitaires seeing heightened demand among consumers aged 28–40, according to industry executives. Sales in this segment have surged nearly 25% year-on-year as improved affordability drives more buyers to the market.Neil…

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‘Not enough’: PM economic advisor Sanjeev Sanyal warns of foreign ship reliance risks, backs India-owned merchant fleet for trade

Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…

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Job losses due to AI: US Fed gov Cook has important observation; says unemployment could rise in short-term

Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said,…

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US announces duties on Indian solar imports; stocks of Waaree Energies, Premier drop up to 15%

Shares of Indian solar equipment manufacturers tumbled sharply on Wednesday after the United States unveiled plans to impose countervailing duties on solar cells and panels imported from India and other Asian nations. The US commerce department said that it would apply the duties to imports from India, Indonesia and Laos to support domestic producers. It…

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