Rare earths and data centres: India pushes local industry as global tensions rise
Government
India's Finance Minister Nirmala Sitharaman has presented her annual budget for 2026-27, announcing higher infrastructure spending and measures to support domestic manufacturing amid rising global uncertainties. India is expected to close this financial year with 7.4% gross domestic product (GDP) growth according to the country's Economic Survey, but economic expansion will slow slightly next year as US President Donald Trump's 50% tariffs on Indian exporters start taking a greater toll. The
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