Daily brief
The Iran war is causing energy shortages that disrupt industries such as handicrafts in Germany and glass manufacturing in India. US Secretary of State Marco Rubio is promoting US energy sales to India as a reliable alternative and discussing a sustainable trade deal. A liquefied natural gas tanker exited the Strait of Hormuz for India for the first time since the war began.
India and the US are looking to firm up a trade deal soon.
India is exploring a free trade agreement with Canada.
Sun Pharma and Coforge are among Indian businesses that are shopping abroad as growth slows at home.
The Central Ridge in Delhi is set to get an open-air Bonsai-themed interpretation centre.