INDIA PERSPECTIVE

New Delhi handles the Anthropic pause with two registers — ethical but above all financial. The Hindu Business Line nails what other media miss: the US IPOs of SpaceX (June 12 Nasdaq, $75B raise targeted, $135/share), Anthropic and OpenAI are "a pipe dream" for Indian investors. Indian regulation lets residents invest abroad via the LRS (Liberalised Remittance Scheme) up to $250,000/year, but US retail IPO allocation is near zero — all shares go to institutions. Indian mutual funds have stopped fresh subscriptions due to SEBI restrictions. In short: while Wall Street prepares to monetize three trillion in AI valuation, Indian savers are excluded. Deccan Chronicle, in parallel, repeats the AFP/Reuters dispatch on the pause request and emphasizes the political context: "the proposal will face an uphill battle in Washington and Silicon Valley, where US officials and tech executives have repeatedly argued that any slowdown in AI development risks handing China a decisive strategic edge in what many see as the defining technology race of the century." For New Delhi, the spring is clear: the Western debate is locked by US-China rivalry, and India — the world's third tech-talent pool — is invisible in the exchange.