"I express my disappointment on the #Budget2026 presented today by the Union Government. The budget has offered no noteworthy benefits to #Odisha and its people. The anticipation from the people of Odisha was that the double engine government would offer a growth momentum with focus on in
Noting that critical minerals, rare earths, and permanent magnets are a very important part of manufacturing sector today, Union Minister Electronics and Information Technology has hailed the Union Budget's announcement of Rare Earth Corridors to support the mineral-rich states and said i
Kerala Finance Minister K N Balagopal today said that budget was disappointing for Kerala in an election year, as the State had been expecting significant announcements like an AIIMS and high-speed rail corridors. He also expressed disappointment at the Centre's denial of a special packag
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Sunday lauded the Union Budget 2026 and said that it is a mature budget. He said that Rs 20,000 crores given for Carbon Capture, Utilisation, and Storage (CCUS) would benefit the refineries.
"Even with elections in mind, they have not announced anything for Tamil Nadu. They are not giving us anything, but then they want to mine rare earth from Tamil Nadu. It is a very disappointing budget," Kanimozhi said.
Union Finance Minister Nirmala Sitharaman on Sunday proposed 'rare earth corridors' for mineral-rich states, including Odisha, Kerala, Andhra Pradesh and Tamil Nadu.
The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financial outlay of Rs 7,280 crore. The scheme aims to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India, covering the full chai
Bangalore (Karnataka) [India], January 23: Gati Drives, a deep-tech startup developing next-generation electric motors that deliver BLDC-level efficiency at a fraction of the cost without rare-earth materials, has raised a pre-seed round from Campus Fund. The investment will accelerate the c
India and Japan unveiled new initiatives to push bilateral cooperation in the sector of Artificial Intelligence (AI) and critical minerals during the 18th Strategic Dialogue between the two countries.
The upcoming Union Budget should expand its focus beyond exploration and mining to include targeted support for processing and recycling of critical minerals and rare earths, along with risk-mitigation mechanisms for overseas mineral assets to achieve self-sufficiency and stem reliance on im
Bessent convened a meeting of Finance Ministers at the United States Treasury to discuss solutions to secure and diversify supply chains for critical minerals, especially rare earth elements.