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DOMESTIC SUPPLY CHAIN
L&T plans to manufacture rare-earth magnets in India to challenge China’s dominanceLarsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter s...
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
Coal stocks at power plants may fall 20% by Sept-endCoal stocks at Indian power plants are expected to fall to 24-30 million tonnes by September-end from about 37 million tonnes currently, am...
Trump administration to invest $3 billion into minerals projects to boost US defense supply chainsThe US government is investing three billion dollars into critical minerals and battery projects. This initiative aims to increase domestic...
Trump to host mining CEOs as administration seeks minerals for defense supply chainsThe White House needs critical minerals to replenish weapons stockpiles depleted during the Iran conflict and reduce U.S. dependence on Chi...
India must build export-oriented medical devices industry, says pharma secretaryTo bolster India's medical device industry, a strategic pivot toward international markets and enhanced global presence is essential. Foste...
India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
India to launch PLI scheme for polysilicon manufacturing to cut import dependence on ChinaIndia plans a new incentive scheme for domestic polysilicon production. This move aims to reduce reliance on imported solar materials. The ...
Leap India raises Rs 743.6 crore from 32 anchor investors ahead of IPO launchThe anchor allocation witnessed participation from some of the world’s most prominent institutional investors, including the Monetary Autho...
Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysiliconThe White House has established price floors and a fifteen percent tariff on polysilicon products. This action aims to bolster domestic chi...
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
Coal supply remains comfortable despite monsoon: GovernmentDomestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, suf...
India must manufacture clean-tech, not just consume it: Steel Minister KumaraswamyIndia's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for cle...
Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturingThe Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax ...
Trump administration to impose 15% tariff in polysilicon probe meant to counter ChinaThe Trump administration plans to announce new tariffs and price floors soon. These measures will target polysilicon, a key material for so...
UAE-India: More than just energyIndia's rapid economic growth positions it as a key partner for the UAE. The two nations are enhancing trade and industrial collaborations ...
US weighs polysilicon price floor, tariffs to counter China in solar and chipsThe Trump administration plans price floors and tariffs on polysilicon imports. This move aims to protect domestic factories and compete wi...
'Strategic autonomy' in AI crucial, avoid overdependence on single source: IT Secretary, S KrishnanIndia must build domestic AI capabilities and avoid single-source dependence. Strategic autonomy is key for India's AI ecosystem developmen...
Trump expected to attend event with mining execs amid critical minerals pushPresident Trump will attend a roundtable with mining executives on Friday. This event aims to expand domestic and allied critical mineral s...
US faces new pressure to build weapons without China's rare earth magnetsIn New Hampshire, a forward-thinking company is harnessing electrolysis to extract crucial minerals from mine waste. This initiative is des...