Rare earth inventories may run dry by mid-July

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 jump $5.17 bn to $697 bn

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

Dow falls more than 670 points after Israel strikes Iran, spiking oil prices

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 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 to close their airspace to commercial flights. Airlines were the worst-performing sector in Europe, with Air France-KLM, Deutsche Lufthansa

MEA Pushes For Quick Resolution To China’s Rare Earth Curbs

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,

AI 171 Crash: ‘Mood Is Grim’ At Tata HQ

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 erodes by Rs 5.98 lakh cr as mkts tumble

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 falls to 6-yr low of 2.82% in May on cooling food prices

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

US Stock Market LIVE Updates: Dow Jones back in green after cooler-than-expected inflation reading

US Stock Market LIVE Updates: US stocks are drifting on Thursday (June 12) as Wall Street’s momentum cools following a big rally that had brought it to the brink of its record. The S&P 500 was 0.1% higher in morning

Sensex plunges 1% as Israel-Iran tensions, plane crash spook investors

India’s stock market fell by 1% on Thursday, hurt by renewed geopolitical tensions between Israel and Iran, and volatility ahead of the weekly Nifty futures and options (F&O) expiry. A London-bound Air India plane crashed soon after taking off from

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