domestic production News

U.S. to Unveil Semiconductor Tariffs in Two Weeks, Commerce Secretary Announces

U.S. Commerce Secretary Howard Lutnick announces semiconductor tariffs to be revealed in two weeks, aiming to bring production back to the U.S. and impacting global trade.

Trump Announces Imminent Pharmaceutical Tariffs, Signals Semiconductor Duties to Follow

President Trump announces plans to impose tariffs on foreign pharmaceuticals and semiconductors, starting with low rates to encourage U.S. production, followed by significant incre...

Apple Unveils Bold $500M Investment in US Rare-Earth Sector to Strengthen Domestic Supply Chain

Apple is investing $500 million in MP Materials to boost the US rare-earth supply chain, including manufacturing and recycling facilities, aligning with efforts to reduce foreign d...

India's Bold Move: Rs 1,345 Crore Plan to Break China's Rare Earth Magnets Monopoly

India plans a Rs 1,345 crore scheme to develop domestic rare earth magnets production, reducing reliance on China. Key companies show interest in local manufacturing, aiming to sec...

FM Nirmala Sitharaman Announces Groundbreaking Tax Relief Measures in Latest Budget to Spur Economic Growth

Finance Minister Nirmala Sitharaman highlights the Budget's focus on tax relief for honest taxpayers, boosting domestic production, and modernizing tax laws to include digital reco...

President Trump Promises a New Golden Era for America Through Protectionist Policies

President Donald Trump announces a new era for America, emphasizing the benefits of protectionist policies to strengthen the economy, despite potential short-term difficulties. He ...

Trump Announces 'Golden Age' for America with New Protectionist Policies

US President Donald Trump announces the beginning of a 'Golden Age of America' through new protectionist tariff policies, aiming to strengthen the economy by focusing on domestic p...

Surge in Business Confidence Index Signals Economic Optimism for Q3 2024-25

The Business Confidence Index (BCI) for Q3 2024-25 shows a significant rise, reflecting optimism among businesses regarding economic conditions, financial positions, and investment...

Government Unveils New PLI Scheme for Steel Sector to Boost Domestic Production

The Indian government is launching a new round of the Production-Linked Incentive (PLI) scheme for the steel sector to boost domestic production and reduce imports. The initiative ...

President Biden Moves to Block Nippon Steel's Acquisition of US Steel Amid National Security Concerns

President Biden is reportedly set to block the sale of US Steel to Nippon Steel, citing national security concerns and potential impacts on domestic production. Nippon Steel's rece...