India, Italy get into a huddle over critical mineral squeeze
India and Italy Thursday cautioned against some countries' dominance on critical minerals and how the over-dependence on these key components of semiconductor, aerospace industry and EV batteries can be reduced.

China silent about lifting export curbs on rare earth metals amid growing concerns in India, world
China, which holds the global monopoly over the precious rare earth metals needed for manufacturing of phones, automobiles and missiles, continues to play hardball over lifting export restrictions of the precious metals warding off pressures from a host of countries, including, the US, EU and India.

Tata Steel UK’s export to US at risk
Tata Steel UK’s export to the United States could be significantly impaired, with its £150 million annual trade facing disruption due to technicalities in the UK-US steel trade agreement. As the company transitions its Port Talbot plant from blast furnaces to an electric arc furnace (EAF), it has temporarily ceased melting and pouring steel in the UK, a requirement for tariff-free access under current US trade regulations.

For steel companies, Q4 was an inflexion point as prices, demand firm up
Steel producers saw a turnaround in their performance during the March quarter (Q4FY25), aided by a decline in raw material prices and continued momentum in domestic demand.

Tata Steel bets big on India growth, says Chairman N Chandrasekaran
 

Coal India plans to cut transport pollution on course: Piped conveyor belts in place
 

Rs 1,500 cr incentive scheme in the works for recycling critical minerals
 

Markets cheer as RBI cuts key interest rates, CRR: Nifty at 25,000, Sensex up 700 points; Banks, Auto lead the gains
The Indian stock market continued to trade on a strong note at this hour, with benchmark indices holding firm gains. The Sensex was up 714 points at 82,156.66, while the Nifty climbed 250 points to stay above the 25,000 mark at 25,001.70.

Extreme poverty In India down to 5.3% in 2022-23: World Bank
India’s extreme poverty fell to 5.3% in 2022-23 from 27.1% in 2011-12, a much sharper decline than in previous decades, the World Bank said, releasing updated data. Only 75.24 million were suffering extreme poverty in the country in 2022-23, as against 344.47 million in 2011-12, it said, implying a massive 269 million came out of poverty during the period.

India, Italy to set up working groups on space, automobiles
India and Italy have agreed to set up joint working groups on the automobiles and space sectors and work together in emerging areas of green hydrogen and biofuels.

India's forex reserves dip to $691.5 bn as of May 30
Forex check: India’s reserves dip by $1.24 billion to $691.49 billion in May-end; RBI says buffer still strong