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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

HIMANTA CHECKMATES CONG ASSAM PLAN

THREE suspended Assam Congress MLAs joined the BJP on Thursday, while three from the NDA in the state filed nominations for Rajya Sabha elections.

time to read

1 min

March 06, 2026

The New Indian Express Kottayam

Cong renominates Singhvi for elections

THE Congress on Thursday named six nominees to the Rajya Sabha, including Abhishek Singhvi and Phulo Devi Netam, two of its sitting MPs, from Telangana and Chhattisgarh respectively for the upcoming biennial elections to be held on March 16.

time to read

1 mins

March 06, 2026

The New Indian Express Kottayam

Terrified as blasts rock 'safe' city: Indian students

OVER 200 students, who were sent to Qom for their safety from universities in Teheran a couple of days ago, continue to find themselves in danger.

time to read

1 min

March 06, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

Lakshya pulls off another thrilling victory

WHEN in his element, Lakshya Sen can be unstoppable.

time to read

1 min

March 06, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

Tried to come in rescue of frigate, says Navy

Distress alert relayed through maritime centre

time to read

1 mins

March 06, 2026

The New Indian Express Kottayam

Rupee recovers 55 paise to close at 91.60 per dollar amid RBI intervention

Dollar gains on renewed safe-haven demand

time to read

1 mins

March 06, 2026

The New Indian Express Kottayam

SANJUSATIONAL INDIA

Wicket-keeper batter rises to the occasion once again to help India overcome England

time to read

3 mins

March 06, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

AI push meets resistance in mid-level at IT firms, new tech reshaping daily work

ARTIFICIAL intelligence is changing how work is done inside India’s IT services companies, but industry leaders say the shift is not always smooth across organisational layers.

time to read

1 mins

March 06, 2026

The New Indian Express Kottayam

The New Indian Express Kottayam

PV sales expected to go down in FY27

PASSENGER vehicle (PV) sales may moderate to 3-5% year-on-year (YoY) in the upcoming financial year 2026-2027 due toa high base effect and pull-forward in replacement demand, as per a report by India Ratings and Research.

time to read

1 min

March 06, 2026

The New Indian Express Kottayam

NTT DATA eyes $2 billion revenue from AI-native business by 2027

NTT DATA has internally defined the usage and deployment of agentic AI for two different purposes — to build custom agentic AI solutions for enterprises and to focus on developing robust AI-native businesses.

time to read

2 mins

March 06, 2026

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