Group 1: AI and Technology Industry Impact - Anthropic's launch of Claude Cowork has significantly unsettled the global technology industry, leading to a rapid loss of market value, particularly affecting Indian IT companies [2] - Dario Amodei, CEO of Anthropic, stated that AI could perform most engineering tasks within a year, which has heightened investor anxiety and raised concerns about the relevance of traditional billing models based on time and manpower [2][1] - The Nasdaq's decline reflects fears that AI may transform software services more quickly than anticipated, challenging established business models in the technology sector [2] Group 2: Economic Reforms in India - India's trade unions are opposing new labor codes aimed at simplifying the regulatory framework by replacing nearly 29 laws, with unions calling for a return to the previous system without clear objections [4] - The rebuilding of India's Consumer Price Index with a 2024 base year includes broader price collection from rural and urban markets and introduces new service items, aligning the index more closely with current spending patterns and global standards [5]
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