Tag: rare earth magnets

Government seeks to identify 100 products in local manufacturing push

Business
NEW DELHI: To drive self-sufficiency, the commerce department is identifying 100-odd products for a local manufacturing push where domestic players depend on imports currently, a top official said Monday.The swadeshi initiative is expected...

UCO Bank gets approval to work with sanctioned refiner Nayara

Economy
Indian lender UCO Bank has received government approval to facilitate trade payments for Nayara Energy Ltd., according to people familiar with the matter, nearly two months after the refiner was sanctioned by the EU and...

India hopeful of positive outcome from talks over China’s rare earth import issue, says official

Economy
India is hopeful of a positive outcome from its engagement with China to address issues related to Beijing's export curbs on rare earth...

Indian EVs at risk! Delay in Beijing’s rare earth magnets can decelerate auto sector growth; China tightens export rules

Business
India’s car industry could be in trouble as China’s stricter control over rare earth magnet exports and shipment clearances delays may...

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