The Union Government on Thursday said that 5.9 million tonnes of lithium reserves have been found for the first time in the country in Jammu and Kashmir. Lithium is a non-ferrous metal and is one of the key components in EV batteries. "Geological Survey of India for the first time established Lithium inferred resources (G3) of 5.9 million tonnes in the Salal-Haimana area of the Reasi district of Jammu and Kashmir," the ministry of mines said on Thursday.
Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.
'India has formed tremendous resilience and still a strong growth.'
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
Any form of entanglement with India or the US on the strategic plane will be anathema to Sri Lanka's Rajapaksa rulers, observes Ambassador M K Bhadrakumar.
Real reason for crashing gold prices is not Trump victory, says expert.
'China is a friendly country and we welcome it for reconstruction and developing Afghanistan'
Ace golfer Jyoti Randhawa was arrested on Wednesday on charges of poaching in the Dudhwa Tiger Reserve protected area in Uttar Pradesh.
Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.
'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
'N Ram and I met on the lawns of Mani Shankar Aiyar's bungalow.' 'I pulled out a rolled printout from my jacket and handed it to him.' 'In the cut-throat world of journalism, this was like high treason.' 'But letting a story be killed because you can't publish it is a bigger crime than passing it to the competition,' recalls Shekhar Gupta.
More than 750 constituencies spread across four states and one union territory will go to the polls on Tuesday
Organising the logistics for a festival that attracts nearly 500,000 devotees is not easy.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
'The creation of Pakistan was integral to Britain's grand strategy.' 'If they were to ever leave India, Britain's military planners had made it clear that they needed to retain a foothold in the NWFP and Baluchistan because that would provide the means to retain control of Iran, Iraq, Kuwait, the UAE, Bahrain and Qatar.'
'Pakistan has employed force to curb Baloch aspirations and rights. There have been charades of giving rights and concessions and packages, but all of them are hollow and meaningless and not even worth the paper these are written on.' 'Pakistan is appeasing China for the investments which will benefit them. The economic corridor with China will not only deprive the Baloch of their land and resources, but will turn them into a minority because of the influx of outsiders.' 'The Balochs want to be masters, not slaves and hired labour in their own land.'
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
The government has provided a long-term vision.
Indian economy about to take-off
