Indian

Countering China: India eyes Rs 1,345 crore scheme on rare earth magnets; Indian companies express interest

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The Ministry of Heavy Industries Secretary, Kamran Rizvi, confirmed that the draft scheme for processing rare earth magnets has been distributed. (AI image) Amidst ongoing supply choke for rare earths from China, India has announced its plans to develop rare earth magnets domestically. The government has allocated Rs 1,345 crore towards establishing domestic production capabilities … Read more

Indian team heads back to US to ‘negotiate complete trade deal’ amid looming tariffs

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NEW DELHI: Further talks on the India-US trade deal are lined up in the coming days with negotiators once again headed to Washington as the government seeks to finalise an agreement, without any deadline pressure. “We are not differentiating between an interim or the first phase of the bilateral trade agreement. We are negotiating a … Read more

Trade relief in Singapore: Indian firms to gain from new adaptation grant; US tariffs push government to act

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Indian enterprises operating in Singapore are expected to benefit from a new Business Adaptation Grant unveiled by the city-state to help local firms manage the challenges arising from global tariff shifts, including those tied to recent US trade measures.The Singapore Indian Chamber of Commerce and Industry (SICCI) welcomed the government’s announcement, calling the grant a … Read more

India-US trade deal: Indian team to visit Washington for another round of talks; Donald Trump’s tariff deadline looms

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NEW DELHI: An Indian commerce ministry team is set to visit Washington soon for another round of talks with the United States over the ongoing tariff dispute and a proposed bilateral trade agreement, a government official said on Thursday.The dates for the visit are yet to be confirmed, but the team is likely to visit … Read more