Tuesday, July 1, 2025

Creating liberating content

Related News

Shares of Mumbai-based real estate developer Kalpataru Ltd made a flat debut on the BSE and NSE on Tuesday, listing at Rs 414, the upper end of its IPO price

The US seeks market access for GM crops and cattle feed in India, which presents a delicate situation for New Delhi. (AI image) India-US trade deal: With Indian officials extending

The new RailOne app will host all passenger services in one app. Indian Railways launches new ‘RailOne’ app: With an aim to bring more convenience to passengers, Indian Railways has

Heart disease is the leading cause of death in the world, yet often its symptoms remain dormant for years, and only show up when the condition has worsened to the

While hydration is vital, what’s lesser known is when to drink water. Doctors who practise integrative medicine often avoid drinking water immediately before, during, or right after meals. Water intake

Market participants are awaiting commentary from the US Federal Reserve Chairperson for directional guidance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in

Trending News

The new RailOne app will host all passenger services in one app. Indian Railways launches new ‘RailOne’ app: With an aim to bring more convenience to passengers, Indian Railways has

Market participants are awaiting commentary from the US Federal Reserve Chairperson for directional guidance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in

Representative image (Picture credit: PTI) Oil marketing companies have reduced the price of 19 kg commercial LPG gas cylinders by Rs 58.50, offering some respite to commercial users from July

Representative image (Picture credit: AP) Asian equities edged up on Tuesday while oil prices continued their decline amid uncertainty over US tariffs and expectations of increased crude supply by OPEC+.

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Tech Mahindra, and Trent are the top

Mumbai: The dollar ended June with its worst first-half performance in four decades. However, the dollar’s slide in the international markets has been masking the rupee’s weakness, which is seen

PM Modi’s visit to Namibia: Focus likely on diamonds, critical minerals; uranium talks also on agenda

Word Count: 724 | Estimated Reading Time: 4 minutes


PM Modi’s visit to Namibia: Focus likely on diamonds, critical minerals; uranium talks also on agenda
File photo: PM Modi (Picture credit: PTI)

Prime Minister Narendra Modi’s upcoming visit to Namibia on July 9, as part of his five-nation tour, is expected to boost strategic ties with the resource-rich African nation. It is likely to have a sharp focus on strengthening cooperation in the diamond trade, critical minerals and uranium supply, reported ET.Namibia, known for the world’s richest marine diamond deposits with reserves estimated at over 80 million carats, does not sell rough diamonds directly to India. Instead, these reach Indian shores via London, Antwerp and other global trade centres. Officials familiar with the matter say the PM’s visit could help lay the groundwork for more direct engagement, particularly as several Indian diamond processing companies already operate in Namibia.India has also invested over $800 million in Namibia across sectors including mining, manufacturing, diamond processing and services.Beyond diamonds, the visit is also being seen as pivotal in India’s quest for critical minerals essential to new-age technologies and electric vehicles. Namibia holds untapped potential in cobalt, lithium and rare earth elements, minerals key to India’s transition to clean energy. As per news agency ANI, secretary (economic relations) Dammu Ravi highlighted that Africa’s mineral wealth makes Namibia a natural partner for India. “We have to find ways to get bilateral understanding mechanisms to be able to capture that,” he said.The uranium sector is another key area where India is looking to build bridges. Namibia, a major uranium producer, could support India’s civilian nuclear energy programme. Efforts are on to explore long-term uranium supply agreements.Prime Minister Modi will also address the Namibian Parliament, his first such engagement in the country in 27 years. According to secretary Ravi, this will mark a symbolic reaffirmation of the historical ties between the two nations.“India and Namibia have had a very strong relationship for a very long time,” he added, emphasising that the visit will include both delegation-level talks and one-on-one meetings.The visit comes as part of Modi’s five-nation tour covering Ghana, Argentina, Brazil, Trinidad and Tobago, and Namibia. While the agenda includes broader discussions on trade, defence and digital public infrastructure, the stop in Namibia is particularly significant for India’s ambitions in critical resource security and Africa outreach.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account