India’s trade exposure to West Asia is significant. Between April and December, India exported goods worth about $50 billion to 13 countries in the region, accounting for roughly 15 per cent of total outbound shipments. Imports stood at $116.45 billion
The conflict in West Asia intensified with Iran continuing to pound several Gulf countries in retaliation for the joint attack against it by Israel and the US. The US and Israel have also carried out fresh strikes on Iran. Photograph:
Escalating geopolitical tensions and weak global cues triggered a significant stock market downturn in India, wiping out ₹16.32 lakh crore of investor wealth in just two days. IMAGE: Kindly note that this image has been posted for representational purposes only.
