The MOU, falls far short of a full critical minerals trade deal that would allow India to benefit from the $7,500 U.S. electric vehicle tax credit.

However, India is rapidly catching up through targeted investments in critical mineral technologies. Policy Bottlenecks: High GST (up to 18%) on battery scrap hampers recycler profitability.

The supply chain risks associated with a near complete dependence on China for these rare earth minerals are well known and ...

China dominates rare earth metals, impacting nations like India. Restrictions on exports, especially germanium, worry industries. India's automotive sector faces challenges due to limited rare ...

However, India’s trade pact with the US, the UK and later on with the European Union might play spoilsport. It is well-known that the US, UK and Europe are bargaining hard to make India lower ...

Battery makers sweat as antimony shortage hits after China's export curbs China's restrictions on antimony exports, particularly to the US, have created a crisis for lead-acid battery manufacturers.

SCOTUS limits nationwide injunctions, allowing partial enforcement of Trump's birthright citizenship order. Newsweek's live ...

Clarios, owned by global investment firm Brookfield, said last month it was scouting locations for an up to $1 billion critical minerals processing and recovery plant in the U.S. that will extract ...

Read all the latest news headline updates on energy consumption. Get all the energy consumption breaking news updates, videos, photostories and more at Business Standard.

The US accounts for about 18% of India’s total goods exports, 6.22% of imports, and 10.73% of overall merchandise trade.

India-West News Desk NEW DELHI — India and the United States are likely to finalize an interim trade agreement before July 8, as New Delhi pushes for a full exemption from the additional 26% ...