Shares of GMDC surged 5% following the Budget 2026 announcement of a rare earth corridor designed to strengthen India’s critical minerals supply chain. The initiative, which also lifted NMDC shares, positions states like Tamil Nadu, Odisha, and Kerala as strategic hubs, signaling significant growth potential for the country’s rare earth and mining sectors in the years ahead.
Budget 2026: GMDC shares rally 5% as FM Sitharaman announces rare earth corridor
Related Articles
Budget 2026: 5 New Universities, Girls’ Hostels Across India
In a significant push for higher education and women's welfare, Finance Minister Nirmala Sitharaman announced in Budget 2026 the establishment of five new universities...
Budget 2026: FM Nirmala Sitharaman announces AI tool Bharat Vistaar to assist India’s Farmers
In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced Bharat Vistaar, a new multilingual AI-powered platform designed to provide real-time, data-driven support to...
Union Budget 2026: India raises overseas individual investment limits in equities under PIS
India’s Union Budget 2026 raises individual investment limits for non-resident Indians in domestic equities through the Portfolio Investment Scheme, aiming to attract more long-term...