Manufacturing gets a big push amid global headwinds

Union Budget 2026-27 continued to push the pedal on localization in the Indian manufacturing sector, announcing a slew of measures across electronic goods, pharma, textiles, capital goods and other sectors to boost India’s production and export competitiveness. The focus on self-reliance was reflected in finance minister Nirmala Sitharaman’s speech. “Today, we face an external environment…

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Will rare-earth pivot extend Nalco’s rally, or end it?

Following China’s repeated politically-motivated clampdowns on REEs used in magnets, the world’s electric vehicle, clean energy, electronics, and defense ambitions have faced abrupt halts and delays. Many economies, including India, have been justifiably exploring alternative sources. Nalco’s potential inroads into the industry will deepen strategic alignment with national priorities. To be sure, Nalco stock is…

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Mint Explainer India invited to Pax Silica: What it could mean for AI, chip supply chains

The proposed initiative follows earlier US-led efforts such as the 2022 Mineral Security Partnership and the more recent Quad Critical Minerals Initiative. Together, these pacts reflect a growing effort by Washington and its allies to align technology, critical minerals and geopolitics, as competition with China intensifies. mint explains what Pax Silica is and why it…

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