Tag: trade policy
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
India Rejects UK Data Demand to Shield Generics
India has formally declined the United Kingdom’s demand to include a ‘data exclusivity’ provision in the recently concluded free trade agreement (FTA), reaffirming its...
PM Modi Sets 500 MT Steel Target, Calls for Zero Imports
Prime Minister Narendra Modi has urged India’s steel industry to set its sights on becoming a net exporter and aim for zero imports, positioning...
South Korea Boosts Chip Support to $23 Billion
South Korea on Tuesday announced a substantial increase in its support package for the domestic semiconductor industry, raising the total to 33 trillion won...
India Beats China on Smartphone Export Tariffs
India’s smartphone and electronics export sector has received a major boost as the United States excluded several consumer electronics from its reciprocal tariff list,...
US Tariffs to Have Limited Impact on Indian Exports: Crisil
Crisil Ratings has assessed that the recent reciprocal tariff measures announced by US President Donald Trump are likely to have a limited impact on...
Govt Proposes 12% Safeguard Duty on Steel Imports
In a move to curb the impact of rising steel imports, the Indian government has proposed a 12% provisional safeguard duty on certain steel...
Tata Steel Calls for Import Duties to Protect Industry
Tata Steel has urged the Indian government to impose safeguard duties on steel imports to shield the domestic industry from the indirect effects of...
Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping
Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...
