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Efforts on to restore rare earth imports, says govt

The Morning Standard

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August 15, 2025

The Ministry of Commerce has designed a four-pillar strategy to help exporters withstand the impact of US President Donald Trump's new tariffs on Indian goods and broader geopolitical disruptions, according to senior government officials.

- Pushpita Dey @ New Delhi

The plan aims to enhance exports to 50 countries that together account for over 90% of India's export basket, with the aim of sustaining growth even if global trade turbulence persists.

The four-pillars strategy focuses on improving export competitiveness, bolstering promotion, and diversifying both export and import markets.

Between April-July FY25 and FY26, India logged export growth in 26 destinations, including Canada, Spain, China, Hong Kong and South Korea, while shipments to 14 markets like Turkey, Indonesia, Malaysia, and the Netherlands fell.

Of the 50 countries under review, 20 have been deemed of particular significance, with 30 more under consideration—with a special focus in Asian economies, as the World Trade Organization (WTO) projects stronger trade expansion in Asia.

"We are looking at these 50 countries which constitute more than 90% of our export basket. So, out of more than 193 countries, we are focusing now on these 50 select countries where export potential is very high, where they import a lot from the rest of the world but not from India and how we can diversify our exports in these countries," said an official from the ministry.

FLERE HISTORIER FRA The Morning Standard

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Mexico's first woman prez groped, files complaint

WHAT should have been a fiveminute time-saving walk from Mexico's National Palace to the Education Ministry for President Claudia Sheinbaum has become a symbol of what Mexican women face every day after a video captured a drunk man groping the country's first woman president.

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On run for 25 yrs, Kerala rape accused lands in police net

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Rat droppings in mid-day meal flour

MCD forms enquiry panel to probe workings of kitchen & submit report in seven days

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Take a bow as Sheetal matches the able-bodied

SHEETAL in English translates to ‘cool’, ‘calm’ and even ‘peaceful’. Employing the bow with her leg and string pulled by mouth, she is all of the above while releasing the arrow.

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Participating in protests no criminality, says riots accused

ONE of the accused in the 2020 Delhi riots case, Shadab Ahmed, on Thursday told the Supreme Court that mere attendance or coordination at protest gatherings cannot be equated with conspiracy or criminal intent.

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TN youth falls into open pit dug for culvert work and dies, contractor arrested

A 26-year-old man from Tiruppur district died after his twowheeler plunged into an eightfoot-deep pit dug up for the construction of a culvert near Perundurai in Erode district on Wednesday night.

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PM to launch year-long celebrations of 150 years of 'Vande Mataram'

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COLLABORATION KEY TO CURBING MENACE OF DIGITAL ARRESTS

YBER swindlers continue to be on the prowl across India, ever inventive in their subterfuge. Notwithstanding regular warnings from the Reserve Bank, commercial banks, and law enforcement agencies, legions of citizens fall prey with dispiriting regularity.

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IHCL to build new Taj hotel in Chennai's ECR

TATA SONS-owned Indian Hotels Company Limited on Thursday announced the plans to build a new Taj Hotel on the East Coast Road (ECR) in Chennai. This will be a greenfield project. After Taj Fishermans Cove, this will be the second Taj hotel in the ECR area.

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Phansi Ghar row: Assembly summons Kejriwal, Sisodia

THE Delhi Assembly has summoned former chief minister Arvind Kejriwal, the then Deputy CM Manish Sisodia, exspeaker Ram Niwas Goel and former deputy speaker Rakhi Birla to appear in person before the privileges committee on November 13, following the \"Phansi Ghar\" controversy.

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