India moves to boost critical minerals production! Cabinet approves rationalization of royalty rates; to counter China’s monopoly & export restrictions

The decision aims to facilitate the auctioning of mineral blocks containing caesium, rubidium and zirconium. In a move aimed at boosting the production of critical minerals in the country, PM Narendra Modi-led Union Cabinet on Wednesday approved the rationalization of royalty rates of graphite, caesium, rubidium and circonium minerals. These minerals are critical for green…

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Countering Trump tariffs impact! Modi government approves new Export Promotion Mission & credit guarantee scheme for exporters; check details

The Export Promotion Mission will consolidate multiple schemes into a single mechanism. (AI image) Prime Minister Narendra Modi-led Union Cabinet on Wednesday approved an Export Promotion Mission (EPM) with an outlook of Rs 25,060 crore. The move assumes significance at a time when India’s exports to the US face a penal 50% tariff. Additionally, the…

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US markets today: Wall Street inches toward new highs as tech stocks rebound; shutdown relief lifts investor mood

US stocks edged higher on Wednesday, with benchmark indices inching toward record levels as easing worries over the government shutdown and a rebound in technology shares buoyed investor sentiment, according to an AP report.The S&P 500 rose 0.2% in early trade, nearing its all-time high from two weeks ago, while the Dow Jones Industrial Average…

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Trump defends H1B and foreign student inflow, triggering MAGA meltdown

Donald Trump (File photo) The TOI correspondent from Washington: US President Donald Trump’s blunt declaration that America “doesn’t have certain talents” detonated an epic meltdown across MAGA circles on Wednesday, with his Fox News interview that touched on the subject of H1-B visas and foreign students exposing a widening chasm between the MAGA boss and…

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