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Jeffrey Sachs Praises Modi On India-US Trade Deal: “Trump Blinked, India Must Not Depend On U.S.”

Jeffrey Sachs Praises Modi On India-US Trade Deal: “Trump Blinked, India Must Not Depend On U.S.”

Feb 06, 2026, 06:16 PM IST

In an exclusive interview with India Today, American Economist Jeffrey D Sachs praised Prime Minister Narendra Modi’s handling of the India-US trade deal, saying he stayed calm and helped bring down “absurd” 50% tariffs. Sachs says Trump “blinked” after pursuing misguided and ignorant policies. He warns India against over-reliance on the United States, calling the US administration erratic and strategy-less. Sachs questions claims about $500 billion investments and Russian oil, urges India to diversify trade partnerships, and highlights the importance of BRICS and China-India ties. A sharp critique of Trump’s trade wars and a clear message for India’s long-term economic strategy.

India’s contribution to Rado’s global sales in double digits: CEO Adrian Bosshard

India’s contribution to Rado’s global sales in double digits: CEO Adrian Bosshard

Feb 06, 2026, 02:32 PM IST

A lot of luxury brands, who lost business in China last year, are now jumping to India, says Rado CEO Adrian Bosshard.

SpaceX, China pose biggest threat to ISRO's cost advantage, warns a new book

SpaceX, China pose biggest threat to ISRO's cost advantage, warns a new book

Feb 06, 2026, 12:01 PM IST

Despite all the progress, ISRO now stands at a crossroads, says the book, LeanSpark

Can India Challenge US & China In AI? Accenture Report Signals Shift

Can India Challenge US & China In AI? Accenture Report Signals Shift

Feb 05, 2026, 07:45 PM IST

At the World Government Summit in Dubai, Accenture’s Managing Director for the UAE, Xavier, explains a major new report analysing how governments worldwide are adopting Artificial Intelligence. Based on interviews with over 7,000 citizens and 4,000 public servants across 14 countries, the report examines whether massive AI investments are actually improving public services. The findings suggest India and the Middle East are emerging as leaders by using AI not just to automate processes but to reinvent how governments serve citizens — moving towards what experts call an “invisible government” where services become seamless and predictive. Xavier also discusses India’s position in the global AI race against the US and China, highlighting strong talent advantages but stressing the need for sustained infrastructure investment, especially in data centres, to power future AI-driven governance and digital services.

‘What apps did to websites, AI will do to software’: Financial advisor flags big risks for India

‘What apps did to websites, AI will do to software’: Financial advisor flags big risks for India

Feb 05, 2026, 01:29 PM IST

The expert also flagged automation in manufacturing as a looming challenge. With robots able to operate 24×7, he argued that consumer goods production would eventually be reshaped once labour regulations evolve to accommodate large-scale automation.

#BTPodcast From Davos: Chandrababu Naidu’s Bold Vision To Make Andhra Pradesh Global Investment Hub

#BTPodcast From Davos: Chandrababu Naidu’s Bold Vision To Make Andhra Pradesh Global Investment Hub

Jan 22, 2026, 03:26 PM IST

From BT Davos 2026, this special BT Podcast features an exclusive conversation between Siddharth Zarabi, Group Editor, Business Today, and N. Chandrababu Naidu, Chief Minister of Andhra Pradesh. The discussion focuses on how Andhra Pradesh’s global investment pitch at Davos 2026 is evolving, with a strong emphasis on speed of doing business and fast-track decision-making for investors. Naidu speaks about converting Davos conversations into on-ground investments, leveraging the China+1 strategy, sector-specific manufacturing hubs, and technology-led governance powered by AI and digital public infrastructure. He also addresses global trade pressures, expectations from the Centre, and the single message he wants global CEOs to take away about Andhra Pradesh in 2026.

PM Modi’s Rise, The India-US Deal & Why The West Must Reset Its Worldview | Tucker Carlson

PM Modi’s Rise, The India-US Deal & Why The West Must Reset Its Worldview | Tucker Carlson

Feb 04, 2026, 06:01 PM IST

In a candid conversation, a US commentator reflects on global leadership, India’s growing stature and the changing world order. Drawing comparisons across regions, he calls Prime Minister Narendra Modi “impressive,” noting that India today is no longer a country that can be dictated to. The sudden announcement of the India-US trade deal, he says, underlines how global commerce inevitably brings major powers - India, China, Russia and the US - to the negotiating table. He also questions America’s long-standing approach towards Russia, criticising sanctions and prolonged conflict for weakening the US dollar and hurting global stability. As power balances shift, the message is clear: the world must adapt to a new reality where India negotiates as an equal, not as a subordinate.

What’s Hot Today: Anthropic Impact, IT Stocks & Q3 Earnings Action

What’s Hot Today: Anthropic Impact, IT Stocks & Q3 Earnings Action

Feb 04, 2026, 05:16 PM IST

In Business Today's "What's Hot," anchor Sakshi Batra examines the sharp meltdown in Indian IT stocks, triggered by Anthropic's new Claude Cowork AI plugins. These agentic tools automate tasks in legal (contract review, compliance, NDAs), sales, marketing, data analysis, and more, sparking global fears of disruption to data processing, outsourcing, and professional services. Guest Expert Mayuresh Joshi (Head of Equity Research, William O'Neill India) notes US stocks like Accenture, Salesforce, ServiceNow, and Gartner also fell sharply. He differentiates: US firms lead in AI products/platforms, while Indian IT excels in application-layer services and outsourcing. However, fierce global competition (including from China) demands evolution - embracing AI, upskilling, and model diversification beyond traditional outsourcing. Q3 earnings were stable but predictable; no margin surprises expected. Mid-cap IT firms may fare better short-term due to smaller-order focus. He stays cautious on the sector long-term (2-3 years of pressure), advising patience amid automation race. On the US-India trade deal (tariffs cut to 18%), sentiment improved post-overhang, but fine print awaited-limited immediate balance sheet impact; benefits for textiles, shrimp, jewellery, auto ancillaries. Budget seen balanced (capex, infra, defense focus), STT hike minor for FIIs but curbs retail speculation. Long-term themes: power/renewables, capital goods, banking, consumer durables; 5-10% gold/silver allocation for hedging. Markets poised for recovery if earnings rebound 12-14%.

This Newly Launched AI Tool Has Rattled Global Tech Stocks, Time To Buy - Sell Or Hold?

This Newly Launched AI Tool Has Rattled Global Tech Stocks, Time To Buy - Sell Or Hold?

Feb 04, 2026, 04:48 PM IST

Anthropic’s AI launch has acted as a tipping point for global technology markets, triggering a sharp reassessment of traditional IT services and outsourcing models. Over the last 18 months, caution around Indian IT stocks had already been building despite occasional positive cues from the US economy. The rapid acceleration of automation, agentic AI and heavy capital investment by global software players has intensified fears that AI may replace, not just assist, large parts of the services value chain. Added to this is rising competition from China in AI platforms, further challenging India’s services-led dominance. While near-term revenues may hold up, the market is now pricing in long-term disruption. Investors are being forced to recalibrate expectations, with stock sell-offs reflecting the urgency for Indian IT companies to pivot towards AI-driven, higher-value business models.

More than 1.2 million Indians visited Singapore in 2025 as MICE trips add momentum: STB

More than 1.2 million Indians visited Singapore in 2025 as MICE trips add momentum: STB

Feb 04, 2026, 04:02 PM IST

New data released by the Singapore Tourism Board (STB) on Tuesday shows Indian arrivals grew 1 percent from the previous year, a marker of continued interest in Singapore as both a leisure and business destination

China-India Trade Reached Record $155.6 Billion In 2025: Ambassador Xu Feihong

China-India Trade Reached Record $155.6 Billion In 2025: Ambassador Xu Feihong

Feb 04, 2026, 02:12 PM IST

Chinese Ambassador to India Xu Feihong attended Chinese New Year celebrations, highlighting improving India–China relations following last year’s meeting between President Xi Jinping and Prime Minister Narendra Modi. Speaking at the event, Xu said the Tianjin meeting marked a “reset and fresh start” in bilateral ties, leading to stronger engagement across diplomacy, trade, and people-to-people exchanges. He noted that economic cooperation has gained momentum, with bilateral trade touching a record USD 155.6 billion in 2025, up over 12% year-on-year. India’s exports to China rose nearly 10%, underlining the untapped potential between the two economies. Xu added that exchanges at all levels have increased, signaling continued stabilisation and gradual improvement in India–China relations.