Following the disruption in the supply of rare earth or permanent magnets after China’s notification on April 4, the mines ministry is planning to introduce a Rs 1,500 crore incentive scheme to recycle critical minerals, according to a top official.
Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Friday as weak global markets and a spike in Brent crude oil prices after Israel attacked Iran’s capital weighed on investor sentiment. Photograph: Francis Mascarenhas Falling for the
Inventories of rare earth magnets used in critical automotive components — particularly electric vehicle (EV) traction motors and power steering systems — could run dry by mid-July this year, according to rating agency Icra. IMAGE: Workers transport soil containing rare
India’s forex reserves increased by $5.17 billion to $696.65 billion for the week ended June 6, the RBI said on Friday. Illustration: Dado Ruvic/Reuters The overall reserves had dropped by $1.24 billion to $691.49 billion for the week ended May
Jun 13, 2025 6:07 PM IST US Stock Market LIVE Updates: Airline Stocks Slide After Israel-Iran Strikes Shut Airspace Airline stocks declined around the world on Friday after Israel launched airstrikes across Iran, forcing several countries in the Middle East
Airline stocks declined around the world on Friday after Israel launched airstrikes across Iran, forcing several countries in the Middle East to close their airspace to commercial flights. Airlines were the worst-performing sector in Europe, with Air France-KLM, Deutsche Lufthansa
Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Oscar/Pixabay.com Shine Jacob and Sohini Das With global automobile majors raising concern over rare earth elements and the magnet crisis owing to export curbs by China,
The crash has dealt a blow to the conglomerate’s efforts to turn around Air India, especially following its merger with Vistara in 2024. IMAGE: A view of Tata Group headquarters Bombay House in Mumbai. Photograph: ANI Photo Grief hung
Investors’ wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Photograph: Francis Mascarenhas/Reuters Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global
Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI’s median target of 4 per cent for the fourth consecutive month, according to government data released on
