India is assessing the diversion of export cargoes stranded by the West Asia crisis to alternative markets. The commerce ministry is seeking details from goods exporters on rerouting options and has also reached out to services exporters to gauge potential risks to trade, including movement restrictions and technology reliance.
Defence stocks build up on hopes war to spur spends
Indian defense stocks have shown resilience amidst global market turmoil, outperforming the Nifty. Investors are betting on increased defense spending due to escalating geopolitical tensions