Anthropic’s IPO Bet: Why Investors Are Looking to 2028

NEW YORK, United States — Anthropic’s potential initial public offering is being valued against an unusually distant financial target, with the artificial intelligence company projecting roughly $190 billion to $200 billion in revenue for 2028, according to people familiar with its financials cited by Reuters. The forecast is far above the company’s recently disclosed $47 billion revenue run rate and highlights the scale of growth investors are being asked to price into the IPO.

Maharashtra FDA Targets Blinkit, Zepto and Swiggy

MUMBAI, India — Maharashtra’s food safety authorities have intensified inspections of the state’s rapidly expanding quick-commerce sector, suspending the food licences of 12 warehouses operated by Blinkit, Zepto and Swiggy’s Instamart after inspectors reported cockroach infestations and other hygiene violations. The action is part of a wider crackdown led by state food safety chief Tukaram Mundhe, which has also targeted restaurants and food outlets across Maharashtra.

Russia Economy Shows Growing Signs of Strain

MOSCOW, Russia — Russia’s economy has continued to grow despite more than four years of full-scale war with Ukraine, but economists and analysts say the headline figures are increasingly masking deeper financial pressures. Official data showed the economy expanded in the second quarter of 2026, while rising deficits, inflationary pressure, weaker energy revenues and the growing dependence on military spending point to mounting strains.

Iran Rejects Trump Claim Over Strait of Hormuz

BANDAR ABBAS, Iran — Iran has rejected US President Donald Trump’s claim that the Strait of Hormuz could eventually become US territory, as tensions remained high in the strategic waterway and a bulk carrier was reportedly struck by an unidentified projectile. The latest developments came as diplomatic contacts between Tehran and Washington showed no clear sign of moving towards formal negotiations.

Apna Parivar Sukhi Parivar Scheme Announced by Sukhu

HAMIRPUR, India — Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday announced a package of welfare, employment, education and development measures during the state-level Independence Day celebrations in Barsar, Hamirpur. The announcements include the launch of the Apna Parivar Sukhi Parivar and Indira Gandhi Matri Shishu Sankalp Yojana from October 2.

Devendra Nath Mahto Alleges Police Assault in Ranchi

RANCHI, India — Jharkhand student leader Devendra Nath Mahto on Saturday alleged that police stopped him from joining an Independence Day Tiranga Yatra in Ranchi and that he and his companions were assaulted when they attempted to proceed to a flag-hoisting ceremony. Mahto, who has been on an indefinite hunger strike for 14 days over alleged irregularities in recruitment examinations conducted by the Jharkhand Public Service Commission (JPSC) and Jharkhand Staff Selection Commission (JSSC), is currently admitted to Sadar Hospital.