Trump tariffs: Who bears the burden? JPMorgan says it’s American businesses, not foreign producers

Tariff payments by midsize US businesses grew three times over the past year, according to new research released Thursday by JPMorganChase Institute. One of the US’ leading banks, it added that this shows signs of economic strain linked to President Donald Trump’s tariff policies.The JPMorgan study, cited by the Associated Press, indicates that companies employing…

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Gold price prediction: What’s the gold rate outlook for February 20, 2026? What investors should know

Gold has moved below the mid-Bollinger band, confirming downside pressure. (AI image) Gold price prediction today: Gold prices are facing resistance at higher levels, and the short-term structure is showing weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,54,700 after failing to sustain the…

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New labour codes: From layoff guidelines to timely wages; new checklist issued for employers

Labour and employement ministry has detailed a compliance checklist for employers in order to tighten accountability and minimise legal disputes. The ministry has listed almost two dozen requirements under the four labour codes: the Code on Wages, the Code on Social Security, the Industrial Relations Code and the Occupational Safety, Health and Working Conditions Code….

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What is the US-led tech bloc ‘Pax Silica’ India may join? Trade agreement negotiations progress

India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…

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Tata Group ties up with OpenAI

N Chandrasekaran, Chairman, Tata Sons with Sam Altman, CEO, OpenAI New Delhi: Tata Group and OpenAI entered into a strategic partnership, placing a significant bet on India’s AI infrastructure playbook. In the first phase, TCS will build AI infrastructure with 100MW capacity, scalable up to 1GW. The platform is intended to support next-generation AI training…

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Qualcomm to make India export hub for auto modules, backs AI push: Global CEO Cristiano Amon

Global CEO and President Cristiano Amon In a big affirmation of India’s electronics manufacturing and AI ambitions, American semiconductor giant Qualcomm is all set to sign a deal to contract-manufacture and source automotive module products from India that will be exported across the world, apart from being sold in the domestic market, Global CEO and…

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Anthropic founder Dario Amodei calls India ‘central’ to AI’s next phase

NEW DELHI: India will play a “central role” in shaping both the opportunities and safeguards around advanced artificial intelligence, Anthropic CEO Dario Amodei said on Thursday, as the company announced its India expansion.Anthropic has opened an office in Bengaluru and appointed Irina Ghose as managing director for India. The company also said it has entered…

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