Sensex, Nifty fall after Trump's fresh tariff threat over Russian oil imports
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Time of India
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‘Trump Is Good At…': John Bolton BLASTS Tariffs 'Chaos' With India, China I Putin I FULL Podcast
Donald Trump is "transactional" and has no "grand strategy or philosophy", his former national security advisor John Bolton said. He also spoke on the U.S. President's 25% tariffs and the 'dead economy' jibe at India. Watch part 1 of the conversation on TOI Podcast.
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First Post
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- First Post
India's NSA Doval in Russia as Trump threatens steep tariffs
India's NSA Ajit Doval is in Moscow to bolster ties with Russia amid growing US pressure over arms and oil imports. read more Ajit Doval, India's National Security Adviser, has arrived in Russia on a pivotal visit aimed at reinforcing the strategic alliance between Moscow and New Delhi. His presence comes amid rising tensions between Washington and New Delhi over India's continued purchases of Russian military equipment and oil. According to a report by The Times of India, although the visit had been scheduled in advance, Doval's time in Moscow has taken on added urgency due to the current strain in ties with Washington, sparked by President Donald Trump's scathing remarks regarding India's relationship with Russia. STORY CONTINUES BELOW THIS AD The trip is expected to include closed-door meetings with senior Russian security and defence officials, as part of efforts to deepen cooperation in regional security, counterterrorism, and energy security. The visit follows closely on the heels of comments by US President Donald Trump, who stated that tariffs on Indian imports would be raised 'very substantially' from the current rate of 25% within the next 24 hours, in light of New Delhi's continued purchase of Russian oil. He also criticised India's trade policy, saying a 'zero tariff' offer for imports of US goods into India was insufficient, and accused the country of 'fuelling the war' in Ukraine. Trump's threats regarding India's Russian oil imports began on 31 July, when he announced a 25% tariff on Indian goods, along with an unspecified penalty.
Time of India
17 minutes ago
- Time of India
OpenAI, Google and Anthropic win US approval for civilian AI contracts
The US government's central purchasing arm is adding OpenAI, Alphabet's Google and Anthropic to a list of approved artificial intelligence vendors, opening the door to widespread adoption of the technology across civilian federal move by the General Services Administration, to be announced Tuesday, will speed up the adoption of AI tools in the federal government by making them available through its Multiple Award Schedule, a federal contracting platform with contract terms already set. Without that flexibility, agencies would ordinarily spend months negotiating their own terms for use of the technology. GSA officials said the models from the three companies — OpenAI's ChatGPT , Google's Gemini and Anthropic's Claude — were evaluated by several performance and security measures. The agency didn't immediately disclose the terms of the contracts. But it's used its buying power to negotiate deep discounts with software providers like Adobe Inc., Salesforce Inc. and Google. Other leading-edge AI companies would also be considered for the marketplace. The first three vendors were simply further along in the procurement process, the officials said. 'We're not in the position of picking winners or losers here. We want the maximum number of tools to provide to all federal government employees to make them as productive as possible,' said GSA Deputy Administrator Stephen Ehikian. 'There's going to be different tools for different use cases.' The move comes just days after President Donald Trump signed three executive orders aimed at reshaping the government's role in AI, including a mandate that federal agencies only procure language models 'free from ideological bias.' Enforcing the presidential ban on what Trump calls 'woke AI' would be an agency-by-agency process, according to the GSA. 'But at the same time, this is a race, right? And as the president said, we're going to win this race,' said Josh Gruenbaum, commissioner of GSA's Federal Acquisition Service. Adding the three companies to the multiple award schedule — which makes commercial IT products more readily available to agencies — means federal bureaucrats can begin using large language models that had previously been restricted to smaller pilot projects or national security use. The Pentagon has already awarded AI contracts to OpenAI and Elon Musk's xAI, which are separate from the GSA's announcements on Tuesday. Many agencies, including the Treasury Department and Office of Personnel Management, have already expressed interest in using the new platform, according to GSA officials. Under the previous presidential administration, federal agencies identified potential uses for AI such as processing patent applications, detecting tax fraud, reviewing grant submissions and copy-editing press releases. Office of Personnel Management Director Scott Kupor said he envisions using AI to develop customer service chatbots and to summarize tens of thousands of public comments on rulemaking — a process that previously bogged down changes to regulations. But he said agencies will also have to hire savvy employees. 'We're probably missing people who are super conversant with very modern, AI-related stuff,' he said. 'Clearly, we can't just throw things against the wall and see what sticks,' Kupor said.
