Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China.
Inventories of rare earth magnets used in critical automotive components - particularly electric vehicle (EV) traction motors and power steering systems - could run dry by mid-July this year, according to rating agency Icra.
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.
As Chinese medical facilities in Beijing, Shanghai and other parts of China struggle to cope with the surge in coronavirus cases, Xi is missing from action.
Spring is here! The cherry blossoms have bloomed. The famous flowers are blooming around the world. The results are always stunning, and the frenzy for the beloved flowers can't be understated. Check out the blooms in the photos below:
In his fresh directive, Xi said that more targeted patriotic health campaigns should be conducted as the country's COVID-19 epidemic prevention and control faces new situations and new tasks.
China has reported the first case of human infection with the H10N3 strain of bird flu from the country's eastern Jiangsu province, China's National Health Commission said.
In this village of Huaxi, a booming market town of 36,000 in the affluent eastern province of Jiangsu, every family has at least one house or villa, two cars and $250,000 in the bank.
Hail and rainstorm killed 160 people in 11 provincial regions, mainly along the mighty Yangtze River and its distributaries, and have left 28 missing, state-run Xinhua news agency reported.
Foxconn Technology Group will invest $210 million to build an Apple production line in October in east China's Jiangsu province, local officials said.
Tata Motors owned Land Rover is likely to be manufactured in China, through a joint venture with Chinese automobile major Chery Automobile Co Ltd, and is awaiting final clearance, a report said.
The plaintiff, identified as Lee, claims technology used in the video-calling application violates his patent.
A popular Chinese blogger, detained earlier this year for his comments regarding military casualties of Galwan valley clash with India, has been sentenced to eight months in prison.
China has built over 16,000 kms of high-speed train tracks connecting most of the major cities.
Sixty-five workers were killed and over 100 others injured today when an explosion ripped through a metal factory in China's eastern Jiangsu Province, causing widespread damage to the sprawling industrial unit.
This is the 15th typhoon to hit China this year, immediately after Typhoon Talim.
These 10 images prove that it's an odd, odd world.
Provinces desperate to bring home glory offer native athletes rewards for medals that can even surpass those offered by Beijing to Olympic champions.
These images from across the globe tell that it is a crazy world out there.
As the world struggles with the deadly coronavirus, there are some who are dealing with the pandemic in their own unique way. Here are 12 images that show how.
10 odd images from the world
China on Saturday issued a yellow alert for smog as the pollution choked most regions in the country's north with no signs of abating.
Chinese retail giant Suning Commerce Group Co Ltd has agreed to buy nearly 70 percent of famed Italian soccer club Inter Milan for 270 million euros ($307 million), the highest-profile takeover of a European team so far by a Chinese firm.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
These images from across the globe tell us that we live in bizarre world
That flash of light in the sky followed by thunder can be both mesmerising and scary. Rediff.com presents some amazing pictures of lightning captured by ace lensmen.
Things have come to a grinding halt as thick smog has suffocated China. Hundreds of flights have been cancelled, with schools in the region closed and motorways gridlocked as people try to escape the poor conditions.
This year, girls students in northeastern JilinProvince were barred from wearing metallic bra clasps as it could be detected by metal detectors.
The approval comes a day after Sinopharm said its vaccine showed 79.34 per cent efficacy and a 99.52 per cent antibody-positive conversion rate in the interim results of the Phase III clinical trials.
We present here glimpse of toy manufacturing factories from around the globe.
A reading above 50 indicates expansion, while a reading below 50 reflects contraction.
Moments that show it's an odd, odd world we live in.
The blast happened around 4:50 pm at the front gate of the kindergarten in Fengxian County in east China's Jiangsu Province when children were leaving the school, officials were quoted as saying by the state-run Xinhua news agency.
China brings the world to its doorstep with scale replicas of famous tourist destinations from across the world.
Here are photos that prove we live in a mad world.
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