Overview

• Minister of State Jitin Prasada told Parliament that China’s curbs on key rare-earth magnets created a supply bottleneck affecting Indian industries, including EV makers.
• Times Now, citing a Reuters report, said China has agreed to ease rare-earth magnet exports to India, offering short-term relief after months of shortages.
• The Tribune reported that Chinese Foreign Minister Wang Yi told External Affairs Minister S. Jaishankar Beijing would resume supplies of fertilisers, rare earth minerals and tunnel-boring machines.
• Automakers detailed production impacts, with Maruti Suzuki slashing its e‑Vitara target for April–September and Bajaj Auto warning August could be a “zero month” for EV output.
• The Mines Ministry cited bilateral pacts with resource nations and KABIL’s overseas efforts to diversify supply, while Indian firms explore domestic magnet production and alternative sourcing.