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JPMorgan warns on software stocks after massive selloff post Anthropic AI tool launch

A sharp selloff in global stock markets wiped out about $285 billion in market value in a single day after Anthropic launched its new AI tool called the ‘SaaSpocalypse’. America’s biggest bank JPMorgan said the fall reflects a deeper shift in how investors view software companies, especially as concerns around artificial intelligence grow. In a...

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‘Excellent conversation’: Trump, Xi discuss trade, Taiwan, Iran & Ukraine over phone call

<img src="https://static.toiimg.com/thumb/msid-127915208,imgsize-860649,width-400,resizemode-4/untitled-design-76.jpg" alt="‘Excellent conversation’: Donald Trump, Xi Jinping discuss trade, Taiwan, Iran & Ukraine in ‘long and thorough’ phone call" title=" File photo: US President Donald Trump and Chinese President Xi Jinping (Picture credit: PTI) ” decoding=”async” fetchpriority=”high”> File photo: US President Donald Trump and Chinese President Xi Jinping (Picture credit: PTI) US President Donald...

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Jaishankar–Rubio talks signal strategic reset as India, US eye critical minerals pact

. The TOI correspondent from Washington: External affairs minister S Jaishankar met with US secretary of state Marco Rubio on Wednesday in a deliberate effort by both sides to move ties beyond a narrowly transactional trade agreement and anchor it in longer-term strategic priorities, notably critical minerals, supply chains and the Indo-Pacific.Coming on the heels...

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India-US trade deal: How Delhi’s behind-the-scenes push cracked Trump tariff wall

(Photo credit: Agencies) US President Donald Trump and Prime Minister Narendra Modi on February 2 surprised everyone with the India–US trade deal, announcing a reduction in tariffs on Indian goods entering the American market from 50% to 18%, lower than those faced by most Asian neighbours.Trump also confirmed that the punitive 25% duty imposed on...

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If India stops buying Russian oil, what it could mean for Moscow’s revenues — explained

Russia could face a sharp drop in oil revenues if US President Donald Trump succeeds in pushing India to scale back or halt purchases of Russian crude, potentially forcing Moscow to cut prices to attract alternative buyers, analysts and traders told Reuters.The development comes after Trump said a recent US-India trade deal included provisions linked...

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