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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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Stock Market Live Updates: Nifty50 above 24,100; BSE Sensex up over 250 points as crude oil prices drop on US-Iran peace talk hopes

According to Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, Nifty is expected to consolidate in the near term, with markets likely to remain sensitive to developments in West Asia. While, Positive domestic macros, steady Q4 earnings and intermittent FII buying has provided near-term support, elevated crude prices, currency weakness…

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US, UK sanctions target Iran-linked network accused of plotting attacks and moving funds

The United States and the United Kingdom on Monday announced seperate sanctions aimed at increasing pressure on Iran by targeting individuals, companies and networks accused of facilitating oil sales, financial transactions and “hostile activities”. The US measures focus on disrupting Iran’s oil exports to China and cutting off funding linked to the Islamic Revolutionary Guard…

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