Asian shares and US stock-index futures declined as trade tensions escalated, prompting investors to seek safe-haven assets like gold. President Trump’s threat to double tariffs on steel and aluminum imports heightened concerns about a potential economic recession. Market participants are also monitoring a sweeping tax bill that threatens to burgeon US deficit.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also