Currently, China produces about 60% of the world's rare earth magnets and processes nearly 90% of them, even when raw materials come from other nations.
According to the Ministry of Defence (MoD), the ship has been designed for underwater surveillance, search and rescue operations, and Low Intensity Maritime Operations (LIMO).
The aim of this project is to build a powerful weapon that could shift the military balance in Asia, especially in light of challenges from countries like China and Pakistan.
Referring to a brief India-Pakistan military clash in early 2025, SIPRI raised serious concerns about the risks of escalation during conventional conflicts between nuclear-armed neighbours.
Currently, India imports more than 85 per cent of its crude oil from other countries. It is the third-largest oil importer in the world, after the United States and China.
The government is working on a long-term water strategy that could deeply impact Pakistan by stopping water flow from the Indus, Sutlej, and Beas rivers.
The upcoming Monsoon session will be the first Parliament session following Operation Sindoor, which was launched by India on May 7 in response to a terror attack in Jammu and Kashmir's Pahalgam, which claimed 26 lives.
The India Meteorological Department (IMD) has warned of more heavy rainfall in the coming days. Red and orange alerts have been issued for parts of Assam, while other northeastern states remain under orange and yellow alerts.
