India Eyes Self-Reliance in Rare-Earth Magnet Production

The government is in the final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets (REPMs) and cut import dependence, Business Standard has learnt. This comes months after China imposed restrictions on exports of REPMs in April, squeezing supplies to India’s automobile and electronics industries. The initiative […]

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Why new EU steel tariffs to curb Chinese imports are giving carmakers a headache

By Xiaofei Xu in Paris A proposed increase to EU steel tariffs has already sown alarm among the continent’s car manufacturers, with stocks of major players plunging in the immediate aftermath of the announcement and industry insiders warning the measures could worsen cost pressures already weighing down growth in the sector. Following a Tuesday statement […]

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UK Trade Envoy Rosie Winterton Meets Chief Adviser Professor Muhammad Yunus

DHAKA, October 9 – UK Trade Envoy Rosie Winterton met with Chief Adviser Professor Muhammad Yunus on Thursday at the State Guest House Jamuna for a wide-ranging discussion on trade, investment, and bilateral cooperation. The two leaders exchanged views on key issues including airport management, clean energy, and the Chief Adviser’s recent participation in the […]

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Pakistan, Malaysia deepen trade cooperation with $200m halal meat deal

Pakistan and Malaysia on Monday reaffirmed their commitment to enhancing cooperation in trade, education, technology, and governance, as Kuala Lumpur announced plans to import $200 million worth of halal meat from Pakistan. The announcement was made during Prime Minister Shehbaz Sharif’s three-day official visit to Malaysia, where he held extensive discussions with his Malaysian counterpart […]

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Indonesia races to contain fallout from radiation scare tied to US-bound food shipments

Indonesia is racing to contain the fallout from a radioactive contamination scare after traces of caesium-137 were detected in shipments of cloves and frozen shrimp to the United States, prompting import blocks on two major exporters and urgent clean-up efforts in an industrial zone west of Jakarta. The US Food and Drug Administration (FDA) first […]

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