September 11, 2026 5:27 PM

Critical minerals vital to India’s energy, industrial and national security: Jitendra Singh

Union Minister of State for Science and Technology Jitendra Singh on Friday described critical minerals and advanced materials as strategic assets essential to India’s energy security, industrial competitiveness and national security, calling for stronger domestic capabilities and deeper partnerships between government, industry and research institutions. Addressing the Special Plenary of the 3rd Global Summit on Advanced Materials, Critical Minerals & Metals in New Delhi, Singh said Indi...

September 8, 2026 11:27 PM

India steps up deep-sea mining push to secure critical minerals and strengthen Blue Economy

India is stepping up efforts to develop deep-sea mining capabilities as part of its strategy to secure critical mineral supplies and strengthen its position in the emerging Blue Economy. The Ministry of Earth Sciences (MoES) and the National Institute of Ocean Technology (NIOT), in association with knowledge partner EY and NITI Aayog, organised a high-level industry outreach workshop on “Deep Sea Mining - Business Opportunities and Strategic Importance” at the Dr Ambedkar International Cent...

September 2, 2026 12:51 AM

FM Sitharaman meets US Treasury Secretary Bessent

Finance Minister Nirmala Sitharaman has met US Treasury Secretary Scott Bessent and invited him to the economic and financial partnership meeting in Delhi later this year. Sitharaman met Bessent in Asheville, North Carolina, on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting on Monday. “The Union Finance Minister invited Mr Bessent for the Economic & Financial Partnership to New Delhi later this year,” the Finance Ministry said in a post on X. It ...

August 31, 2026 10:53 PM

India-Uzbekistan Ties: From Strategic Partnership to a Comprehensive Eurasian Engagement

Prime Minister Narendra Modi’s recent visit to Uzbekistan has given a new direction to India’s engagement with Central Asia. The decision to elevate India-Uzbekistan relations to a Comprehensive Strategic Partnership, coming in the 15th year of their existing strategic partnership, is more than a diplomatic upgrade. It reflects the growing convergence between India’s economic, energy, technological and security interests under its Viksit Bharat 2047 vision and Uzbekistan’s ambition to bu...

August 9, 2026 1:03 PM

India, Russia step up industrial cooperation; Vande Bharat, SJ-100, critical minerals on agenda

India and Russia reviewed and explored ways to expand cooperation in railways, aerospace, critical minerals, fertilizers, mining and advanced technologies at the 12th Session of the India-Russia Working Group on Modernization and Industrial Cooperation held in New Delhi on Friday. The meeting, held under the Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation, reviewed progress made since the 11th session and discussed collaboration across various...

May 26, 2026 3:32 PM

India, US sign critical minerals framework to strengthen supply chain cooperation

India and the United States on Tuesday signed a major framework agreement aimed at strengthening cooperation in the mining, processing and supply of critical minerals and rare earths, marking a significant step in deepening strategic and economic ties between the two countries. The Framework on “Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths” was signed in New Delhi by External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio. The M...

May 26, 2026 4:58 PM

Quad reaffirms commitment to free Indo-Pacific, unveils new initiatives on maritime security, critical minerals

The Quad nations reaffirmed their commitment to a free, open and rules-based Indo-Pacific while unveiling a series of initiatives aimed at strengthening maritime security, economic resilience, critical technologies and disaster response cooperation across the region, the Ministry of External Affairs (MEA) said on Tuesday. In a joint statement issued after the Quad Foreign Ministers’ Meeting in New Delhi, the foreign ministers of Australia, India and Japan along with the Secretary of State of ...

April 30, 2026 6:47 PM

India clears 58 companies for critical mineral recycling scheme to boost domestic capacity

In a significant move to strengthen supply security of critical minerals, the Ministry of Mines has approved 58 companies as eligible participants under its incentive scheme aimed at promoting recycling of key minerals. The initiative, launched under the National Critical Mineral Mission with a total outlay of ₹1,500 crore, seeks to build domestic recycling capacity for critical minerals extracted from lithium-ion batteries, e-waste, and industrial scrap. The move is expected to reduce India...

February 3, 2026 9:36 PM

India charts rare earth roadmap with manufacturing push and dedicated corridors

India is stepping up its strategy to secure critical minerals and advanced materials, with the Union Budget 2026–27 announcing the creation of Dedicated Rare Earth Corridors across Odisha, Kerala, Andhra Pradesh and Tamil Nadu. Combined with a ₹7,280 crore Rare Earth Permanent Magnet (REPM) Manufacturing Scheme approved in November 2025, the initiatives mark a decisive move towards self-reliance in materials vital for electric vehicles, renewable energy, electronics, aerospace and defence. ...

January 6, 2026 12:13 PM

Global oil markets show muted reaction to Venezuela political upheaval

Two days after U.S. forces captured Venezuelan President Nicolás Maduro in a surprise operation in Caracas, global energy markets opened to cautious trading, with oil prices showing only modest movement despite the geopolitical shock. Futures briefly firmed in Asian trade on Monday, but analysts said the muted reaction reflected Venezuela’s sharply diminished output, now below one million barrels per day, and a market already weighed down by surplus supply and weak demand. The developments co...