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Govt explores rare-earth deal with Myanmar rebels

Financial Express Delhi

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September 11, 2025

INDIA IS WORKING to obtain rare-earth samples from Myanmar with the assistance of a powerful rebel group as it seeks alternative supplies of a strategic resource tightly controlled by China.

- Naw Betty Han & Neha Arora

The ministry of mines has asked state-owned and private firms to explore, collect, and transport samples from mines in northeastern Myanmar that are under the control of the Kachin Independence Army (KIA), according to four people familiar with the matter.

State-owned miner Indian Rare Earths (IREL) and private firm Midwest Advanced Materials, which received government funding last year for the commercial manufacturing of rare-earth magnets, were among those involved in the discussions, the sources said.

FLERE HISTORIER FRA Financial Express Delhi

Financial Express Delhi

Credit growth at 1-year high

BANK CREDIT GROWTH touched 11.53% for the fortnight ended November 28, 2025, marking the strongest lending momentum in 12 months, reports Mahesh Nayak.

time to read

1 min

December 13, 2025

Financial Express Delhi

EU to freeze Russian assets

THE EUROPEAN UNION looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.

time to read

1 min

December 13, 2025

Financial Express Delhi

Govt speeds up visa for Chinese professionals

• Processing time less than 1 month now; China sees ‘positive action’

time to read

1 min

December 13, 2025

Financial Express Delhi

ICICI Pru AMC issue booked 72% on first day

THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.

time to read

1 min

December 13, 2025

Financial Express Delhi

Reforms engine gathers steam

CABINET APPROVES BILL TO HIKE INSURANCE FDI TO 100%

time to read

1 min

December 13, 2025

Financial Express Delhi

Gauging AI impact on growth, job losses

While offering a starting framework, two Niti Aayog reports overlook the potential of AI as a digital public infrastructure good

time to read

4 mins

December 13, 2025

Financial Express Delhi

INITIATIVE TO COVER CRITICAL MINERALS, CHIPS India left out of US-led supply chain coalition

A NEW US-LED strategic initiative, Pax Silica, which aims to build a secure supply chain ranging from critical minerals and energy inputs to advanced manufacturing and semiconductors, does not include India.

time to read

2 mins

December 13, 2025

Financial Express Delhi

'Global norms ensure domestic crypto investor safety'

The long-term goal of Binance Holdings, the world’s largest crypto exchange in terms of volumes, is to become a collaborative partner for India’s blockchain and digital asset ecosystem, SB Seker, head of the Asia-Pacific region, an interview.

time to read

2 mins

December 13, 2025

Financial Express Delhi

Food inflation in negative zone for sixth month

RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

time to read

1 min

December 13, 2025

Financial Express Delhi

Think tank Bharat Ki Soch launched

BHARAT KI SOCH, a new think tank on ancient Indian wisdom for contemporary challenges has been launched.

time to read

1 min

December 13, 2025

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