ESMA Invoked for Gas Supply Amid US-Israel-Iran War

The Indian government has invoked the Essential Services Maintenance Act (ESMA) to ensure uninterrupted supply of natural gas, a critical move amid escalating tensions in the US-Israel-Iran conflict that threaten global energy markets.

Defence Stocks Tumble as Markets Rebound: Key Reasons

Defence stocks such as Bharat Electronics and Mazagon Dock continue to decline even as broader stock markets show signs of recovery. Analysts point to profit-booking, high valuations, and sector-specific concerns as primary factors driving the sell-off.

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