Texas Weekly Online

PM Modi warns China over rare earth minerals. What are RREs, why are they important? India in crisis as…

PM Modi warns China over rare earth minerals. What are RREs, why are they important? India in crisis as…

Prime Minister Narendra Modi rang the alarm bell when he demanded at the BRICS Summit 2025 that the supply chains of critical minerals should remain secure, reliable, and free from geopolitical coercion. Though he did not name China or any other country while speaking in the Brazilian city of Rio de Janeiro, his message was loud and clear. Speaking at the 17th summit of the 10-member bloc, he said, “It’s important to ensure that no country uses these resources for its selfish gain or as a weapon against others.” PM Modi made an unambiguous statement, which could be interpreted as a veiled reference to China, currently the world’s largest producer of rare earths, controlling over 90% of the world’s rare earth processing capacity.

How much tariff US is likely to impose on India? Donald Tariff says…

How much tariff US is likely to impose on India? Donald Tariff says…

Though the deadline for signing the deal for tariff fixation ends on July 9, India and the US are yet to ink a trade deal. After holding many rounds of talks with the US commerce department mandarins, the Indian delegation returned last week, expressing hope to reach a consensus soon.