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Three Indian firms sign long-term DAP fertilizer supply pact with Saudi's Ma'aden

New Delhi, July 13 -- Three Indian companies signed long-term agreements with Saudi Arabian state-owned Ma'aden to raise the supply of diammonium phosphate. Indian Potash Ltd, Krishak Bharati Coopera... Read More


Rare earth magnets to get a Rs.1,345 cr govt push

New Delhi, July 12 -- India is working on a Rs.1,345-crore scheme to encourage the local production of rare earth magnets, at a time when Chinese curbs on these critical items threaten large swathes o... Read More


Rare earth magnet making to get a Rs.1,345 crore govt push

New Delhi, July 11 -- India is working on a Rs.1,345-crore scheme to encourage the local production of rare earth magnets, at a time when Chinese curbs on these critical items threaten large swathes o... Read More


Govt announces incentive for e-trucks under PM E-Drive scheme. Delhi gets special allocation.

New Delhi, July 11 -- With less than nine months to go in the PM E-Drive scheme's runtime, Union heavy industries minister H.D. Kumaraswamy on Friday announced guidelines for consumers to avail incent... Read More


Goyal sounds alarm on 'particular geographies' for supply chains

New Delhi, July 10 -- Commerce and industry minister Piyush Goyal told an energy conference India must cut its dependence on "particular geographies" and look at alternative sources of supply to build... Read More


Amid China stranglehold, Modi tells Brics to secure critical mineral supplies

New Delhi, July 7 -- 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 domina... Read More


Govt looks to scrap minor penalties for MSMEs in ease of doing business push

New Delhi, July 7 -- The government is considering including a provision from the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006, in the upcoming Jan Vishwas Bill 2.0 that deals wi... Read More


Govt to rollout out subsidy for e-trucks-but with a rider and the clock ticking

New Delhi, July 3 -- The ministry of heavy industries is considering a subsidy of Rs.5,000 per kWh of battery capacity for electric trucks, two people said, with about nine months left for its flagshi... Read More


Indian PSUs seek further ties with UAE in steel and aluminium sectors

New Delhi, July 1 -- Union steel minister H.D. Kumaraswamy on Tuesday met UAE economy minister Abdulla Bin Touq Al Marri in Dubai to discuss trade expansion, resource security, and collaborative innov... Read More


Cabinet approves Rs.1 trillion each for employee-linked incentives, R&D

New Delhi, July 1 -- The Union cabinet on Tuesday approved the Rs.1-trillion employment-linked incentives (ELI)scheme, Rs.1-trillion research, development, and innovation (RDI) scheme, and the Nationa... Read More