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Looking to build national stock of critical minerals'

Business Standard

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September 22, 2025

Reforms, indigenisation key themes at Blueprint conclave

The Ministry of Defence could adopt a "carrot and stick" approach with production agencies-both public and private -to ensure quality control in the indigenisation effort, Defence Secretary Rajesh Kumar Singh told Business Standard at a conclave, hosted by the newspaper to launch its monthly magazine Blueprint, in New Delhi on Saturday. During a fireside conversation with AK Bhattacharya, Singh also said that the Department of Defence Production was considering building a national stock of critical minerals and metals as a shortterm measure to meet urgent requirements.

While Singh enthralled the audience with insights into the reform roadmap for the defence sector after unveiling Blueprint - a unique magazine focussed on defence and geopolitics, Indian Space Research Organisation (ISRO) Chairman V Narayanan explained the country's space vision in a delightful valedictory conversation.

The private sector had its say too. Rajinder Singh Bhatia, chairman of Kalyani Strategic Systems, the defence subsidiary of Bharat Forge, answered questions on whether reforms have benefited the industry.

"True indigenisation would essentially mean that design and IPR (intellectual property rights) rest within the country," Singh said about self-reliance in defence that the government is pushing the sector to achieve.

FLERE HISTORIER FRA Business Standard

Business Standard

Business Standard

'Earnings recovery expected to gather momentum by FY27'

Markets are neither inexpensive enough to warrant a sharp rerating nor stretched enough to pose immediate downside risks, says Neelesh Surana, chief investment officer, Mirae Asset Investment Managers India. In an interview with Samie Modak in Mumbai, Surana says domestic equity market performance is likely to mirror the underlying earnings trajectory, with profit growth expected to remain in the low-teens over the next couple of years. Edited excerpts:

time to read

3 mins

December 18, 2025

Business Standard

Regulating higher education

The focus must be on improving outcomes

time to read

2 mins

December 18, 2025

Business Standard

Foreign varsities in India can save $113 bn in forex: Report

Foreign universities operating in India could serve more than 560,000 students by 2040, generate $113 billion in forex savings and create 19 million sq ft of specialised demand for high-quality education-linked real estate, according to a new report.

time to read

1 min

December 18, 2025

Business Standard

India to witness dip in coal-based power generation: IEA

India is set to register only the third year-on-year decline in coal fired power generation in five decades, as an early and strong monsoon season lowers electricity demand and boosts hydropower output, according to a report by International Energy Agency (IEA).

time to read

1 min

December 18, 2025

Business Standard

Business Standard

CGD transportation cost set to come down by ₹1,000 cr annually

Delivered prices of CNG likely to reduce by ₹1.25-2.50/kg and domestic PNG by 0.90-1.80/scm

time to read

1 mins

December 18, 2025

Business Standard

Business Standard

India, Ethiopia elevate ties to strategic partnership

Focus on cooperation in mining, critical minerals, DPI and clean energy

time to read

3 mins

December 18, 2025

Business Standard

FinMin asks 3 RRBs to give IPO blueprint by March-end

The Ministry of Finance has asked three regional rural banks (RRBs) to submit their draft initial public offering (IPO) plans to their respective sponsor banks as well as the Department of Financial Services (DFS) by the end of March, according to a senior government official who spoke on the condition of anonymity.

time to read

2 mins

December 18, 2025

Business Standard

Sebi overhauls MF cost framework, stockbroking rules

Introduces base expense ratio from April 1

time to read

2 mins

December 18, 2025

Business Standard

Time to raise the bar in services exports

Growth in travel, wellness, and financial services is essential to reduce concentration risk

time to read

4 mins

December 18, 2025

Business Standard

Govt incentives must for EVs, not hybrids: House panel

The Centre's incentives must be directed at electric vehicles (EVS) rather than hybrid cars, as the latter fundamentally depend on fossil fuels and continue to emit tailpipe pollutants unlike \"true zeroemission vehicles\", a parliamentary standing committee stated in a report tabled in the Rajya Sabha on December 12.

time to read

1 min

December 18, 2025

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