The Finance Ministry has declared the West Asia conflict a "war," enabling government entities to invoke 'force majeure' for public contracts impacted by disruptions. This allows for penalty-free extensions of two to four months for affected companies, offering significant relief to sectors like defence and drone manufacturing facing supply chain issues.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IXri36x
Comments
Post a Comment