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‘Will impact every sector’: China’s new rare earth export curbs to hit Indian manufacturing? ‘Scope of restrictions so vast..’

Industry leaders indicated that China’s restrictions will impact the import of components. (AI image) India’s manufacturing sector, which saw a booster shot when the government announced sweeping GST rate cuts, now faces an operational crisis with China’s latest rare earth export curbs.China’s export restrictions, now including light rare earth magnet components, are expected to deepen…

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‘Operation Move Earth’: How ousted Syrian leader Assad relocated a mass grave; what was the purpose?

The Assad government carried out a secret two-year operation to move thousands of bodies from one of Syria’s largest known mass graves to a hidden site in the remote desert, Reuters has found.The operation, called “Operation Move Earth,” moved bodies from a grave in Qutayfah to a new grave in the Dhumair desert. It ran…

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‘Exploring resources’: After oil, India-Russia to tie-up on rare earth? How New Delhi aims to steer away from China’s monopoly

Indian companies are exploring potential partnerships with Russian firms to secure better supplies of rare earth magnets and critical minerals, as China continues to tighten its grip on global rare earth exports. Beijing’s increased rare earth export restrictions have continued to hit industries worldwide and in India, as it controls nearly 90% of rare earth…

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How Zara’s reclusive founder became the 16th richest man on earth without ever chasing fame

Once Zara proved the model worked, Ortega didn’t stop. He expanded Inditex to include brands like Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and even Zara Home. Each brand had its own identity, but all shared the same principles: customer-first thinking, speed, and efficiency. By keeping production close to home and controlling every step of the…

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Rare earth curbs: US calls India key ally in ‘China vs world’ battle; seeks ‘support’

The US-China trade war took a sharper turn this week, with US Treasury Secretary Scott Bessent accusing Chinese President Xi Jinping’s regime of making “provocative,” economic moves after Beijing tightened export controls on rare earth minerals.Speaking to Fox Business on Monday, Bessent said the move was a direct challenge to the global economy, “This is…

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More hits for China? Trump hints at export controls for Boeing parts; US prez ‘surprised’ by Beijing’s rare earth move

The United States could impose export controls on Boeing aircraft parts following China’s recent restrictions on rare earth mineral exports, President Donald Trump said on Friday.Trump told reporters that Beijing has many Boeing planes and they need parts for those.He expressed surprise at China’s decision, noting his strong personal rapport with President Xi Jinping. “And…

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‘No reason to meet Xi Jinping now’: Donald Trump slams ‘hostile’ China’s rare earth curbs; warns of ‘massive’ tariff hike

US president Donald Trump on Friday accused China of taking a “sinister and hostile” step after Beijing imposed sweeping new export controls on rare earth elements, warning that he could respond with a “massive increase of tariffs” on Chinese goods entering the United States.In a post on Truth Social, the US President said “some very…

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China to India: ‘Promise’ that rare earth magnets supplied will not be re-exported to …

China has tightened its rare earth export controls, expanding restrictions on processing technology and spelling out its intention to limit exports to overseas defence and semiconductor users. From India, China is reportedly seeking guarantees that the heavy rare earth magnets supplied by it will not be re-exported to the US and will be used only…

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India’s rare earth boost: Govt approves Rs 7,300 crore scheme; aim to diversify away from China

The government has moved a step closer to boosting India’s self-reliance in rare earth magnets, with a key panel approving a Rs 7,300 crore scheme to support local manufacturing. These magnets are essential for electric vehicles, wind turbines and a range of consumer electronics.The expenditure finance committee (EFC), which functions under the finance ministry, cleared…

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Heavy rare earth monopoly: China seeks India guarantee that magnets won’t be re-exported to US; here’s why

China has sought assurances from India that heavy rare earth magnets they supply will be utilised exclusively for domestic requirements. (AI image) China will export rare earth magnets to India only if it assures that they will be used for domestic needs and will not find their way to the US. Indian companies have already…

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