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Hyderabad, Jul 13 (PTI) NLC India Ltd, a public sector enterprise, is planning to invest Rs 1.25 lakh crore by 2030 to expand its capacity from the existing 6.7 gigawatt to 20 gigawatt, Prasanna Kumar Motupalli, Chairman and Managing Director (CMD) of the company has said. He said, out of Rs 1.25 lakh crore planned capex, the company will be spending around Rs 65,000 crores on renewables and other green initiatives, while around Rs 45,000 crores will be earmarked for thermal and around 15,000 c ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Union Coal and Mines Minister G Kishan Reddy on Saturday said that the government has introduced Production Linked Incentive (PLI) schemes to encourage participation of private players in rare earth permanent magnets production. The Centre has initiated PLI schemes, which offer financial incentives tied directly to measurable outcomes and have been designed to boost domestic manufacturing. Also Read | Air India Plane Crash: AAIB Report Preliminary, ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. We used to be 100 dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing, Kishan Reddy told ANI. Our ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
New Delhi [India], July 11 (ANI): Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India, particularly the incentives the latter is earmarking for. ICEA is the apex industry body representing the entire electronics sector. 'We are extremely excited, although this will make set up capacities in the longer run, but the intention is very good and I think it is very timely becaus ...Read More >
New Delhi [India], July 11 (ANI): The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short supply. 'Some progress is going on (on the rare earth magnet production front). We have already allocated Rs 1,345 crore (for subsidy). We are on course to select the manufacturers,' Minister for Heavy Industries HD Kumaraswamy told reporters at a press conference Friday. Heavy Ind ...Read More >
Mumbai, Jul 11 (PTI) Mumbai Customs has seized 33.35 kilograms of hydroponic weed valued at Rs 33.35 crore over three days, leading to the arrest of eight persons in six cases, officials have said. Hydroponic cultivation is the method of growing plants with mineral nutrient solutions in a water-based solvent rather than soil. Those arrested comprise seven passengers and a receiver responsible for collecting the contraband in one case, they said on Thursday. Since July 8, the Airport Commissio ...Read More >
Chandrapur: Collector of Chandrapur district Vinay Gowda GC was felicitated at a national-level District Mineral Foundation (DMF) workshop organised by the Ministry of Mines in New Delhi, in recognition of the district's innovative carpet manufacturing project.The one-day workshop focused on enhancing the effectiveness of DMF initiatives and accelerating the implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). A key highlight was a detailed discussion on 'Transparency and ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage companies to cut dependency on imports from certain countries and explore alternate sources of supply. He also suggested the industry to focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," Goyal said ...Read More >
NEW DELHI: Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are still awaiting clearan ...Read More >
NEW DELHI, July 10 (Reuters) - Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are st ...Read More >
Raipur, Jul 10 (PTI) The Union Ministry of Mines has appreciated Chhattisgarh for its remarkable work under the District Mineral Foundation (DMF), an official said. Through DMF, the Chhattisgarh government has been consistently working towards inclusive development in sectors such as education, healthcare, drinking water, infrastructure, and livelihoods in mining-affected areas. So far, development works of Rs 16,506 crore have been approved across the state, covering 1,01,313 projects, out of ...Read More >
Raipur, Jul 10 (PTI) The Union Ministry of Mines has appreciated Chhattisgarh for its remarkable work under the District Mineral Foundation (DMF), an official said. Through DMF, the Chhattisgarh government has been consistently working towards inclusive development in sectors such as education, healthcare, drinking water, infrastructure, and livelihoods in mining-affected areas. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 10, 2025 Declared, Check Winning Numbers and Re ...Read More >
BHUBANESWAR : The Odisha Mining Corporation (OMC) has set a target to produce 50 million tonne of minerals and achieve a sales revenue of Rs 30,000 crore in 2025-26. This was announced at a review meeting presided over by Chief Minister Mohan Charan Majhi at Lok Seva Bhawan on Wednesday. The meeting discussed various steps to increase mineral production, including extending mining lease periods, obtaining environmental clearances and making new mines operational. It was decided that bauxite pro ...Read More >
MUMBAI: The proposed 50% import duty on copper by US President Donald Trump is expected to have minimal impact on India due to its limited exports to America. Hindalco, the nation's largest copper manufacturer, does not send any copper shipments to the US owing to the huge domestic demand. India's copper exports to the US are under $300 million. Copper, used in wires, cables, power transformers and electric motors, sees robust domestic demand, particularly due to the country's focus on renewable ...Read More >
Windhoek/New Delhi, July 11: In a historic diplomatic move, Prime Minister Narendra Modi met with Namibian President Dr. Netumbo Nandi-Ndaitwah at the State House in Windhoek on Thursday, marking the first Indian Prime Ministerial visit to Namibia in 27 years. This was also the first bilateral State Visit hosted by President Nandi-Ndaitwah since taking office in March 2025. Here To Join Us On WhatsApp Prime Minister Modi was warmly welcomed with a ceremonial reception, and both leaders engaged ...Read More >
New Delhi, Jul 9 (PTI) Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday. The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million ...Read More >
New Delhi, Jul 8: India holds 8 per cent of the world's rare earth element reserves, which gives it the potential of playing a key role in the gradually evolving global supply landscape as China's current dominance is projected to decline, according to a CareEdge report released on Tuesday. While China currently plays a leading role in both mining and refining, its projected share is expected to decrease from 69 per cent to 51 per cent in mining and from 90 per cent to 76 per cent in refining b ...Read More >
New Delhi, Jul 8 (PTI) Spacetech start-up Suhora Technologies has joined hands with a US-based firm to provide operational hyper-spectral earth observation data across a wide spectrum to customers, claiming to be the first company to provide such services in India. The company, in a statement, said it has entered into a strategic partnership with US-based Orbital Sidekick (OSK), which operates a constellation of hyperspectral satellites with eight-metre spatial resolution across 472 bands. Als ...Read More >
New Delhi, Jul 8 (PTI) Spacetech start-up Suhora Technologies has joined hands with a US-based firm to provide operational hyper-spectral earth observation data across a wide spectrum to customers, claiming to be the first company to provide such services in India. The company, in a statement, said it has entered into a strategic partnership with US-based Orbital Sidekick (OSK), which operates a constellation of hyperspectral satellites with eight-metre spatial resolution across 472 bands. "Th ...Read More >
Jaipur, July 7 (UNI) Union Minister for Coal and Mines G Kishan Reddy said here today that the availability of critical minerals is an issue and effort are being made to address it. In brief chat with media after a review meeting on mining related issues at the CM Residence here, the Union Minister said "Presently 90 per cent of requirement and demand of these minerals is fulfilled by imports. Efforts have been made at the highest level. "Prime Minister Narendra Modi has also held talks with s ...Read More >
Tirupati/Chittoor: After chilli and tobacco farmers, mango growers are now in focus as YSRCP chief Y S Jagan Mohan Reddy looks to raise the political heat in the state. A bumper mango yield this year has brought little joy to farmers, who are struggling with falling prices. Despite the state government's swift action, announcing subsidies and deploying officials to assist distressed farmers, the issue has turned political. Looking to capitalise on the unrest, Jagan will visit Bangarupalem mark ...Read More >
Jaipur: UnionCoal and Mines Minister G Kishan Reddy on Monday said the central government has undertaken significant reforms over the past 11 years to propel the mining sector, while ensuring development, public welfare and environmental protection. Addressing a felicitation ceremony for seven-star and five-star rated mines here organised by Indian Bureau of Mines (IBM), Reddy said the government policies have not only boosted the mining sector, but have also safeguarded the interests of local ...Read More >
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global rare earth supplies. Brics is a group of 11 countries that was set up by Brazil, Russia, India, China and South Africa. Modi said it was important to make critical mineral supply ch ...Read More >
Malanjkhand (Madhya Pradesh): Sanjiv Kumar Singh, Chairman and Managing Director of Hindustan Copper Limited (HCL), has said that HCL is working to ramp up its production from 4 million tonnes to around 12 million tonnes in the coming 6 years. Mentioning Prime Minister Narendra Modi's vision of 'Viksit Bharat 2047', he asserted that copper plays a very crucial role in all industries, including the automobile. In an exclusive interview with ETV Bharat, Singh said, "Copper plays a very important ...Read More >
Jaipur, July 7 (SocialNews.XYZ) Union Coal and Mines Minister G. Kishan Reddy said on Monday that Prime Minister Narendra Modi is focusing on planned and rapid mining of rare minerals to boost India's green energy sector. "PM Modi is focusing on planned and rapid mining of rare minerals to boost India's green energy sector, a vision in which Rajasthan holds a pivotal role," said the Union Minister during a joint review meeting of the Mines Department, in which the Rajasthan Chief Minister Bhaja ...Read More >
Jaipur: Chief Minister Bhajan Lal Sharma stated that Rajasthan is progressing rapidly in the mining sector through transparent processes, ease of doing business, and infrastructure development. He called for the creation of a mining model that balances economic growth with environmental sustainability and social responsibility. "Let us ensure our mining practices not only fulfill present demands but also inspire future generations," he urged. "Our goal is to establish Rajasthan as a leading hub ...Read More >
Jaipur, Jul 7 (PTI) Union Coal and Mines Minister G Kishan Reddy on Monday said the central government has undertaken significant reforms over the past 11 years to propel the mining sector while ensuring development, public welfare and environmental protection. Addressing a felicitation ceremony for seven-star and five-star rated mines here organised by Indian Bureau of Mines (IBM), Reddy said the government policies have not only boosted the mining sector but have also safeguarded the interest ...Read More >
New Delhi [India], July 6 (ANI): Collaboration between industry and government which proved successful in semiconductors, will be the key to addressing rare minerals dependencies according to president of the Confederation of Indian Industry (CII) who pointed out that there is no short-term fix for the possible shortage of rare-earth minerals. 'It's a long-term solution,' acknowledged the CII President Rajiv Memani emphasizing on the need for a comprehensive, product-led strategy. 'What are th ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.