PM Modi, Donald Trump Discuss Energy, Defence Ties Amid Ongoing India-US Trade Negotiations
Indian markets left its position unchanged in a defence development.
· NDTV Profit, Business Today Mkts
PM Modi says he held a productive call with Trump, discussing trade, defence, energy, critical tech and global peace efforts.
The analysis
Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.