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Sensex surges over 500 pts in early trade; Nifty tops 14,680

For Quick Alerts Subscribe Now Coronavirus: Planning to get vaccinated tomorrow, says Harsh Vardhan View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Sensex Sensex tanks over 1,000 points in opening trade #Sensex NSE tech glitch resolved, resumes at 3.45 pm; Trading hours extended till 5 pm #Sensex Sensex and Nifty scale new highs ahead of RBI policy decision #Sensex Sensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K #Sensex Sensex crash: Investors lose Rs 7 lakh crore as mutant virus spooks global markets #Sensex Sensex opens at record high, turns choppy in early trade Just In 12 min ago Spectrum auctions underway; 2,251.25 megahertz radiowaves valued at Rs 3.92 lakh cr up for bidding 21 min ago Inspired, humbled says Bharat Biotech after PM Modi gets vaccination 32 min ago Chhattisgarh Budget: ... » Learn More about Sensex surges over 500 pts in early trade; Nifty tops 14,680

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China says domestic competition hurting rare earth prices

BEIJING: China 's rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to "vicious competition" domestically and face low resource utilisation, the country's industry minister said on Monday. Prices for some rare earths in China, such as praseodymium-neodymium (PrNd) - used in rare earth magnets - have spiked to multi-year highs this year amid strong demand from the electric vehicle sector. However, prices for other rare earths mined simultaneously, such as cerium and lanthanum , used in catalysts for oil refining, remain depressed due to abundant supply. "Our rare earths did not sell at the 'rare' price but sold at the 'earth' price... because of competitive bidding, which wasted the precious resource," Minister of Industry and Information Technology Xiao Yaqing said during a news briefing. A heavy reliance on China, the world's top producer of rare earths, has led the United States to order a review of its ... » Learn More about China says domestic competition hurting rare earth prices

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We were resolute and strong: Jaishankar on border issue

India was strong and resolute when it came to handling the border issue and dealt with it in an effective manner, External Affairs Minister S Jaishankar said on Friday in an apparent reference to the standoff between India and China. IMAGE: A Border Security Force soldier guards a highway as Indian army convoy makes way towards Leh, bordering China in Gagangir. Photograph: Yawar Nazir/Getty Images Similarly, India also dealt effectively with the COVID-19 pandemic and its economic impact by fashioning its own response after listening to everyone, he said at the inaugural session of the 'Asia Economic Dialogue' organised by the Pune International Centre. "Last year, we had three big developments which all impacted us nationally. They impacted the world as well -- one was COVID-19, the second was its economic impact and the third was the challenges that we found on our border which obviously had implications," the external affairs minister said. "In each of these cases, I ... » Learn More about We were resolute and strong: Jaishankar on border issue

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