India and the US have reached a trade agreement, with the US reducing tariffs on Indian goods in exchange for India halting Russian oil purchases and lowering trade barriers. While details are scarce, India is unlikely to open its agricultural market to US corn and soybeans due to its ban on GM crops and protection of small farmers.
IT companies tumble on Anthropic shock; some feel its a short alarm
Indian IT stocks saw a significant fall on Wednesday. This decline followed a sell-off in US counterparts after Anthropic launched new AI tools. Market watchers