๐จ India's Sarvam AI Launches Prism, a High-Speed AI Decision Model!
> Built on Sarvam's 105-billion-parameter foundation model.
> Scores 71.8 across three decision benchmarks.
> Delivers responses in just 44 milliseconds.
> Highest average score among 25 tested models responding under 100 milliseconds.
> Supports Indian languages and enterprise workflows.
> Available as open weights on Hugging Face and through an API.
Another significant milestone for India's homegrown AI ecosystem as Indian startups develop advanced AI models with globally competitive capabilities.
๐จ Trump suspends 100% tariff threat against ๐ฎ๐ณ India
๐บ๐ธ US President Donald Trump has signed an executive order suspending the implementation of up to 100% secondary tariffs on major global buyers of ๐ท๐บ Russian energy, including India.
This temporary waiver removes the immediate threat of trade penalties on Indian oil refiners purchasing crude from Russia.
#indian rupee strengthened sharply against the #US dollar between 7 and 16 October 2026. USD/INR peaked at โน96.785 on 8 October, then eased to 94.96 by 16 October, as #RBI measures curbed #dollar demand and offshore traders unwound long dollar bets.
#Reliance Industries set a price band of Rs 1,065 to Rs 1,119 a share for the initial public offering of #Jio Platforms, a fresh issue that could raise about Rs 30,213 crore.
INS Samarthak, #India's first indigenously built multi-purpose vessel, at #Karwar. Built by #Larsen & #Toubro with over 75 per cent indigenous content, it is the first major warship built by a private yard to enter the #Navy.
#Claude launched #Opus 5.5 at $4 per million input tokens - about 20 per cent cheaper than its predecessor - and OpenAI's #Sonnet 5.5 at $2/$10. It gave the evaluator METR employee-level access to its models and safety practices, without the right to block publication.
#Anthropic told #investors its third-quarter revenue reached $16.8 billion, up from $11.5 billion in the second quarter, with an 85 per cent adjusted gross margin and an adjusted operating margin above 11 per cent.
#US consumer prices rose 3.7 per cent in the year to September, up from 3.4 per cent, the last reading before the 3 November midterms. #Petrol surged 9.1 per cent on the month, accounting for over half the increase, and wholesale prices rose 6.3 per cent year on year.
#Crude flows have fallen sharply: Kpler data showed 12.6 million barrels a day through the Strait of Hormuz on 13 October, against a pre-war average of about 17.1 million. Iran says the waterway reopens only if the #UnitedStates leaves the region.