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The petroleum sector has urged industry stakeholders to explore ethanol as a clean cooking fuel for households, as part of broader efforts to reduce India’s dependence on imported LPG and expand the biofuel ecosystem.R S Ravi, Director (Downstream) at the Federation of Indian Petroleum Industry (FIPI), raised the proposal while addressing the All India Distillers’…
NEW DELHI: An agreement for cooperation on rare earths and critical minerals, bilateral trade target of $30 billion by 2030 and Global South solidarity in technology that, according to PM Narendra Modi, must be inclusive and act as a bridge for shared progress were among the highlights of Modi’s bilateral meeting with Brazilian President Luiz…
Representative image (AI) The economy of Pakistan is in a risky state due to its over-reliance on short-term foreign loans, according to business leaders and economists. Key figures are calling for urgent negotiations with friendly nations to extend loan repayment periods and implement structural reforms, as reported by Express Tribune.Vice chairman of the Pakistan industrial…
India is in discussions with Brazil, Canada, France and the Netherlands to strike agreements for jointly exploring, extracting, processing and recycling critical minerals, as the country steps up efforts to secure key raw materials for its energy transition.The talks are focused mainly on lithium and rare earth elements, with India also seeking access to advanced…
The United States is preparing to launch a $12 billion critical minerals stockpile initiative aimed at reducing dependence on China for rare earths and other strategic resources, according to a White House official, as Washington intensifies efforts to secure supply chains for key industries, AFP reported.The project is expected to combine about $1.7 billion in…
Europe is pushing for Digital Sovereignty to reduce its dependence on American technology companies, and recently, the European Parliament backed a report calling for “European technological sovereignty.” Members of the European Parliament (MEP) urged the European Commission to accelerate regulatory reforms and major investments in digital infrastructure. The report targets critical sectors including cloud computing,…
Europe, like many other parts of the world, is trying to reduce its dependence on importing these key metals from China. The focus is on recycling rare earths that are already in Europe. And the ripple effects from Europe’s growing appetite for rare earths raw materials extend all the way to Sweden’s far North. According…
Trump indicated he had discussed this decision with Chinese President Xi Jinping. (AI image) US President Donald Trump has given the green signal to tech giant Nvidia to sell its H200 processors to China. The Trump administration has decided to permit exports of Nvidia’s H200 processors, their second-best AI chips, to China whilst implementing a…
The European Union on Wednesday rolled out a multi-billion-euro strategy to reduce its dependence on China for rare earths, unveiling measures to boost domestic mining, refining and recycling capacity amid rising geopolitical pressure on critical supply chains.The plan comes after months of turbulence triggered by Beijing’s export controls, according to AFP, which have disrupted manufacturers…
Union Cabinet’s approval of a Rs 7,280 crore rare earth permanent magnet (REPM) scheme has been welcomed by industry executives as a major boost to India’s EV and electronics supply chains. The programme aims to create 6,000 metric tonnes per annum of integrated REPM capacity through five globally bid projects, supported by sales-linked incentives and…
