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Incentive scheme soon for rare earth production

June 25, 2025

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The New Indian Express Kottayam

WITH the rare earth material supply crisis looming large, the government will roll out a scheme to subsidise domestic production of rare earth magnets in 15-20 days, heavy industries minister H D Kumaraswamy said on Tuesday.

- ENS ECONOMIC BUREAU@ New Delhi

The minister said consultation with stakeholders is underway to decide the amount of incentive programme. As per ministry officials, if the total incentive crosses ₹1,000 crore, the scheme will be sent to the Union cabinet for approval.

المزيد من القصص من The New Indian Express Kottayam

The New Indian Express Kottayam

Delhi HC to hear suit against SAP next week

THE Delhi High Court will hear Nayara Energy’s lawsuit against German software company SAP’s India unit suspending software services critical to its operations this week.

time to read

1 min

March 09, 2026

The New Indian Express Kottayam

WHY WOMEN INVESTORS MUST TAKE CHARGE

HE war situation in the Middle East is worrying investors everywhere.

time to read

2 mins

March 09, 2026

The New Indian Express Kottayam

HACKS FOR WOMEN'S FINANCIAL FREEDOM

FINANCIAL literacy is not just a skill—it is a superpower for women.

time to read

2 mins

March 09, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

RSP wave sweeps Nepal polls; Prachanda survives

AMONG the three former prime ministers who contested the March 5 general election in Nepal, only Pushpakamal Dahal 'Prachanda' managed to win his seat amid the RSP tsunami decimating the old guard in the Himalayan nation.

time to read

1 min

March 09, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

Vaishno Devi college seeks govt nod to restart MBBS course after controversy

TWO months after being derecognised, the Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in J&K’s Reasi has reapplied to the National Medical Commission (NMC) seeking recognition and a Letter of Permission (LoP) to start an MBBS course for 50 students from the academic year 2026-27.

time to read

1 mins

March 09, 2026

The New Indian Express Kottayam

With little luck, Abhishek shines when it matters

LUCK.

time to read

2 mins

March 09, 2026

The New Indian Express Kottayam

The long road to closing the G A P

Numbers show steady progress in some fields, even as gaps remain in others

time to read

1 mins

March 09, 2026

The New Indian Express Kottayam

Decision to resign was 'conscious', says outgoing West Bengal governor

FOUR days after suddenly resigning from his post, former West Bengal Governor CV Ananda Bose broke his silence on Sunday, describing his abrupt exit as a “conscious decision” even as buzz continued in political circles about what led to his unexpected exit.

time to read

1 min

March 09, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

Women stay in focus, farmers lose out in Mann's last budget

WITH less than a year left for assembly elections, AAP-led Punjab government on Sunday presented the budget for 2026-27 with an allocation of %2,60,437 crore.

time to read

1 mins

March 09, 2026

The New Indian Express Kottayam

Woman walks 350 km to protest chit-fund scam

SARASWATI Devi, a social activist from Srinagar, Uttarakhand, has proven that determination can move mountains.

time to read

1 mins

March 09, 2026

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