Economy

India, China tackle rare earth curbs in meeting of top officials

Indian officials discuss China’s rare earth restrictions, potential resolution in sight, as automakers fear production disruptions. | Photo Credit: cueapi Indian officials discussed China’s rare earth restrictions during talks with that country’s vice foreign minister this week, people familiar with the matter said, as automakers continue to warn of a looming shortage that may disrupt […]

Economy

Growers rue slew of challenges, quality of saplings in cultivating oil palm

Even as the Union government is pushing the States to increase the area under oil palm, farmers are flagging certain challenges such as fluctuations in the prices of fresh fruit bunches (FFBs), poor quality of saplings and refinery facilities in the vicinity. Farmers belonging to the Telangana Oil Fed Aswaraopet Oil Palm Growers Society alleged […]

Economy

Electric two-wheeler launches this year to be hit by rare earth magnets crunch

More than six new electric two-wheelers are expected to be launched in 2025, including Ola Adventure, Suzuki e Access, Ampere Nexus, Liger X and Ultraviolette Tesseract | Photo Credit: REUTERS With the rare earth magnet crisis threatening to impact the electric vehicle industry, the launch pipeline of electric two-wheelers this year is likely to be […]

IndiGo share price today: InterGlobe Aviation stock tanks 6%; reports suggest promoter planning $1 billion stake sale

Earlier this week, IndiGo’s shares reached a 52-week peak of Rs 5,474, bolstered by robust Q4 performance. IndiGo share price today: InterGlobe Aviation’s stock, the parent company of IndiGo, fell by approximately 6% to Rs 5,175 on Friday following reports indicating InterGlobe Enterprises’ potential sale of roughly 4% ownership through block transactions.According to a CNBC-TV18 […]

Economy

India considers temporary export curbs on rare earth elements, amid global supply crisis, especially for EV components

 India at present is staring at a situation where EV makers continue to run short of rare earth magnets following export curbs by its largest producer, China.  | Photo Credit: UniqueMotionGraphics India may look at temporary curbs on export and even overseas sale of rare earth elements specially to Japanese companies till the crises over […]