GMDC shares surge 8.4% after rare earth magnets scheme approval
GMDC shares extend winning streak to 3 days, gaining 8.4% after Cabinet approves ₹7,280 crore incentive program for rare earth magnets to reduce China dependence. Read more.
GMDC shares extend winning streak to 3 days, gaining 8.4% after Cabinet approves ₹7,280 crore incentive program for rare earth magnets to reduce China dependence. Read more.
Indian government approves massive incentive scheme to establish domestic rare earth magnet manufacturing capacity, aiming to end China's 90% global stranglehold by 2027-28. Read how this impacts auto, defense sectors.
India launches ₹7,280 crore scheme for rare earth magnet production while emphasizing recycling and diplomacy to counter China's supply dominance. Read about India's strategic approach.
Explore how China's decades-long investment in rare earth elements gives Beijing crucial leverage in trade disputes with Washington and global markets. Discover the geopolitical implications.
Indian cabinet approves Rs 7,280 crore PLI scheme for rare earth magnet manufacturing to boost electric vehicles and reduce import dependence. Details inside.
India launches ₹7,280 crore Rare Earth Permanent Magnets scheme to boost domestic manufacturing, reduce import dependence, and support electric vehicles and renewable energy sectors. Read more about this strategic initiative.
Global gold reserves hit record highs in 2025. US dominates with 8,133 tonnes while India strengthens position with 876 tonnes. Discover the shifting landscape of central bank gold holdings.
US and China near critical rare earth minerals agreement expected by Thanksgiving. Deal aims to secure supply chains and reduce dependency. Read latest developments.
India's foreign exchange reserves declined by $2.7 billion to $687 billion, driven by falling foreign currency assets and gold prices. Get the complete breakdown of the weekly reserve data.
India's foreign exchange reserves declined by $2.699 billion to $687.034 billion for the week ended November 7, marking the third straight weekly drop. Discover the key factors behind this trend.
Indian EV companies Simple Energy and Chara Technologies develop indigenous rare earth-free motors, reducing dependence on Chinese imports. Record sales show market success.
China plans a validated end-user system for rare-earth exports, easing flow to civilian firms while blocking US military suppliers. Learn how this affects global trade.
India sits on substantial rare earth deposits across several states, reveals IREL's Rare Earth Division head, signaling a strategic boost for the nation's high-tech and green energy sectors.
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
In a bold geopolitical chess move, former President Donald Trump hosts Central Asian leaders to secure alternative rare earth metals supply chains, challenging China's global monopoly on these critical minerals.
Vladimir Putin orders urgent development of Russia's rare earth mining capabilities as global competition intensifies for these critical minerals essential for modern technology and defense systems.
European Union applauds China's decision to suspend rare earth export controls, easing supply chain tensions for critical minerals essential for electric vehicles and electronics manufacturing.
India launches ambitious ₹6,500 crore scheme to triple rare earth magnet manufacturing, reducing import dependency and strengthening electric vehicle and defense sectors.
The Biden administration makes strategic move to boost domestic rare earth magnet production, reducing reliance on Chinese supply chains for critical green technology components.
In a strategic move to reduce dependence on Chinese supply, the Trump administration has inked landmark deals worth $1.4 billion with domestic rare earth magnet startups, reshaping global tech supply chains.
TVS Motor sounds alarm on rare earth mineral dependency as India's electric vehicle industry accelerates. Exclusive insights on supply chain vulnerabilities and strategic solutions.
India's heavy industries ministry collaborates with auto sector to develop indigenous EV motor technology eliminating dependency on imported rare-earth magnets, boosting Make in India initiative.
India launches ambitious ₹788 crore strategy to triple domestic rare earth magnet manufacturing, reducing import dependence and boosting electronics, defense, and green technology sectors.
Germany's defence industry faces a severe crisis as dependency on Chinese rare earth elements threatens military production and national security. Discover the strategic implications.
As global tensions rise, India partners with Lynas and Iluka to build domestic rare earth supply chains, reducing dependence on China for crucial magnet manufacturing and electronics components.
China's attempt to weaponize rare earth minerals has triggered a global response, with nations accelerating efforts to break Beijing's supply chain dominance and counter economic blackmail.
India's foreign exchange reserves witnessed a significant decline of $6.9 billion, yet maintain strong position near record highs of $704.9 billion. Expert analysis on the implications.
In a significant diplomatic breakthrough, China agrees to relax rare earth export restrictions and suspend investigations targeting US companies following high-level talks between Chinese President Xi Jinping and former US President Donald Trump.
US Treasury's Scott Bessent calls China's rare earth metals export restrictions a 'real mistake' that could backfire, potentially accelerating global efforts to find alternatives and reduce dependency.
Indian Institute of Science designated as national hub to fast-track indigenous R&D in critical minerals, reducing import dependence and securing strategic resources.