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The Trump administration is following through with its threat to designate artificial intelligence company Anthropic as a supply chain risk in an unprecedented move that could force other government contractors to stop using the AI chatbot, Claude. The Pentagon said in a statement Thursday that it has "officially informed Anthropic leadership that the company and its products are deemed a supply chain risk, effective immediately." The decision appeared to shut down the opportunity for further negotiation with Anthropic, nearly a week after President Donald Trump and Defence Secretary Pete Hegseth accused the company of endangering national security. Trump and Hegseth announced a series of threatened punishments last Friday, on the eve of the Iran war, after Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used for mass surveillance of Americans or autonomous weapons. The San Francisco-based company didn't immediately respond to a request
Global supply chains have entered an era of structural volatility, forcing companies and governments to re-evaluate how and where they invest and produce, and three in four business leaders are now prioritising resilience as a driver of growth, a new report said on Monday. The World Economic Forum report, released ahead of its annual meeting 2026 here, said this volatility reflects a fundamental rewiring of global value chains, driven by geopolitics, industrial policy, the energy transition and technological acceleration. The Global Value Chains Outlook 2026 drew insights from more than 100 consultations with leaders from industry, government and academia, alongside survey data from over 300 senior executives. It called for defining strategic imperatives for industry and a blueprint for industrial policy -- while a complementary interactive tool helps businesses and governments assess manufacturing risks, strengths and gaps. The study cited a use case from India on Tamil Nadu's sta
Supply-chain realignments and inventory restocking ahead of the US holiday season helped India's exports rebound in November, think tank GTRI said on Sunday. After recording contraction for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to USD 5.25 billion. During the April-November period of this fiscal year, the country's exports to the US increased 11.38 per cent to USD 59.04 billion, while imports rose 13.49 per cent to USD 35.4 billion. The US has imposed a sweeping 50 per cent tariff on Indian goods entering American markets from August 27. The Global Trade Research Initiative (GTRI) said in sectors such as electronics and machinery, "supply-chain realignments and inventory restocking ahead of the US holiday season also supported shipments". It added that the rebound after ..
As many as five companies, including supply chain asset pooling firm LEAP India and Eldorado Agritech, have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Tuesday. Other firms that received regulatory clearance are Molbio Diagnostics, backed by Temasek and Motilal Oswal Private Equity; Foodlink F&B Holdings (India), a catering and food retail chain company; and Technocraft Ventures, a wastewater treatment solutions provider. All five companies, which filed their preliminary IPO papers between June and September, obtained the regulator's observations between November 25 and December 5, the update showed. In Sebi's parlance, receiving observations is equivalent to its go-ahead to proceed with a public issue. On the other hand, two companies -- Inox Clean Energy and Sky Alloys and Power -- have withdrawn their respective IPO papers on December 5. According to industry sources familiar with the development, Inox .