India's IT Stocks Hold Steady Amid Middle East Conflict; PM E-Drive Advances EV Infrastructure

India's IT stocks have remained resilient amid the ongoing Middle East conflict, with the Nifty IT index slipping only about 1% and even rallying 2.25% on one day despite broader market declines. This resilience is attributed to a weakening rupee benefiting exporters and prior sector corrections. Meanwhile, Anthropic's CEO Dario Amodei criticized OpenAI for pursuing military contracts, highlighting tensions in AI development. Separately, India's government is advancing the PM E-Drive scheme to expand EV charging infrastructure, aiming for 30% EV penetration by 2030 despite challenges in location viability and grid access.