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Daily Archives: January 14, 2023

India’s Trade with China

In News India’s imports from China reached record high in 2022, and the trade deficit surged beyond $100 billion. Key Points India’s import from China:  India’s imports accounting for $118.5 billion, up from $97.5 billion Indian imports of Chinese goods were up by more than 21% last year. India’s export to China:  India’s exports to […]

Sweden Discovers Largest Rare Earth Elements Deposit

In News Recently, Swedish state-owned mining company LKAB has discovered more than one million tonnes of rare earth oxides in the northern area of  Sweden. About Rare Earth Elements deposits were discovered in the Arctic region of Kiruna, Sweden. No Rare Earths Elements (REE) are mined in Europe and it mostly imports them from other […]