China has intensified efforts to cement its dominance over rare earth metals as the United States moves to build a broad international coalition to secure critical mineral supply chains, official and media reports said.Chinese Premier Li Qiang this week visited Ganzhou in Jiangxi province — one of the world’s largest heavy rare earth production bases…
Bitcoin’s BTC$70,411.45 sharp rebound from last week’s plunge toward $60,000 has been accompanied by a subtle but important shift in one closely watched indicator of U.S. demand. The Coinbase Bitcoin Premium Index — which tracks the price gap between bitcoin traded on Coinbase and the global market average — has climbed sharply from deeply negative…
BENGALURU: Coforge and Persistent Systems continued to post double-digit revenue growth in the Dec quarter, standing out as several engineering-focused mid-tier IT companies saw growth taper or turn negative. Firms such as Tata Technologies, Cyient, LTTS and Tata Elxsi largely reported slower momentum, with revenue, margins and net profits showing signs of moderation. Coforge reported…
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NEW DELHI: PM Narendra Modi on Tuesday announced the formation of seven empowered groups to assess the implications of the ongoing military conflict in West Asia on energy supplies, essential commodities and supply chains, and chart a strategy to cushion its impact on the Indian economy.In a statement in Rajya Sabha, Modi said the conflict…
NEW DELHI: Flagging concerns that Indian arms companies were failing to deliver emergency procurements on time and that some of them were even inflating the extent of indigenous content in their products, Chief of Defence Staff Gen Anil Chauhan has said the armed forces expect “a bit of nationalism and patriotism” in industry’s “profit-driven endeavours”.“Defence…
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