Search For "magnets"
Cabinet likely to clear Rs 7000 cr rare earth magnet manufacturing scheme:
Updated : 4 months ago IST
The Union Cabinet is likely to clear a Rs 7,000-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets, sources told ANI.
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"I blew my stack": Trump says he got hoarse voice from shouting over trade
Updated : 4 months, 1 week ago IST
US President Donald Trump blamed his hoarse voice on shouting at officials from a foreign country that sought to change a trade deal. He refused to name the nation and highlighted recent trade talks with China, including tariff reductions and postponed export controls.
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India may become 3rd pillar in US-Japan rare earth network after Trump-Xi
Updated : 4 months, 2 weeks ago IST
The industrial push by the PM Narendra Modi-led government coupled with Quad alignment and global manufacturing leverage could work in India's favour.
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The Rise of Refined Living: Tier 2 Cities Lead India's Luxury Shift
Updated : 4 months, 4 weeks ago IST
New Delhi [India], October 29: India's luxury housing story is no longer confined to its metros. A quiet but powerful shift is unfolding in Tier 2 cities, where rising disposable incomes, reverse migration, and hybrid work lifestyles are rewriting aspirations. Families and professionals who
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 5 months, 1 week ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 5 months, 2 weeks ago IST
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
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Recycling rare earth metals, a key avenue to reduce global supply gaps: Mc
Updated : 5 months, 3 weeks ago IST
As demand for electric vehicles and renewable energy surges for green transition, rare earth elements (REEs) have become indispensable even as they are scarce. A recent McKinsey report warned that global supply of REE magnets, vital for e-motors and wind turbines, could fall 30 percent short
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Toddler siblings undergo back-to-back surgeries after swallowing magnets
Updated : 5 months, 3 weeks ago IST
In an unusual medical emergency, doctors treated two siblings, aged three and four, who suffered severe tears and injuries in their stomach and intestines after swallowing small toy magnets purchased online from a leading children's toy brand.
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"More exploration missions to be conducted": PM Modi addresses concerns of
Updated : 7 months ago IST
"In the coming time, our focus will be on futuristic industries. In the semiconductor sector, India is taking off... The Indian government is also aware of the shortage of rare earth magnets for the auto industry. To increase the capacity of the industry in this direction, we have also launc
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Primus Partners chalks roadmap for India to steer its rare earth strategy
Updated : 7 months, 1 week ago IST
India is moving ahead to secure its rare earth supply chain, a critical component of its clean energy and electric mobility transition. A new report titled "From Extraction to Innovation" by Primus Partners outlines a comprehensive roadmap to achieve self-reliance in rare earth magnets under
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India actively engaging with China to ensure uninterrupted access to rare
Updated : 7 months, 2 weeks ago IST
India is negotiating with China for the procurement of permanent magnets made from rare earth minerals. The government is also exploring alternative supply channels and domestic sources to reduce dependence on China.
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Five-pillar plan to make India self-reliant in rare earth magnet productio
Updated : 7 months, 2 weeks ago IST
A report by advisory firm Primus Partners has outlined a comprehensive five-pillar blueprint to localise the production of rare earth magnets in India, which is aiming to secure the country's electric vehicle (EV) future and reduce its near-total dependence on Chinese imports.
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