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China stopping India's bullet train project to gain momentum? Supply to key products delayed due to..., MEA says...

China stopping India's bullet train project to gain momentum? Supply to key products delayed due to..., MEA says...

India.com5 hours ago

New Delhi: In a concerning development that threatens to derail India's much-anticipated dream project—the Bullet Train—China has emerged as the key source of the crisis. According to the reports, three massive Tunnel Boring Machines (TBMs), crucial for this ambitious project, are currently stuck at a Chinese port resulting into delays in the country's most talked-about rail project.
These TBMs, used for tunneling underground, were ordered from the German company Herrenknecht. However, they were manufactured at the company's factory in Guangzhou, China. It is important to note that the first part of these machines was supposed to arrive in India by October 2024, but Chinese authorities have not yet approved their release.
This delay is now becoming a major headache for the project. The Ministry of Railways has brought the issue to the attention of the Ministry of External Affairs. According to sources, India has initiated high-level talks with China to get the machines released. Along with the TBMs, some other critical equipment required for the project is also reportedly stuck. These Were the Locations Where TBM Machines Were to Be Used It is important to note that the National High Speed Rail Corporation Limited (NHSRCL) is handling this Rs 1.08 lakh crore project.
NHSRCL had planned to deploy three TBM machines.
TBM-1 and TBM-2 were to be used for tunneling between Sawli (Ghansoli)–Vikhroli and Vikhroli–Bandra Kurla Complex (BKC)
TBM-3 was supposed to arrive earlier for the Sawli to Vikhroli section.
However, none of the machines have arrived in India so far. According to sources, there has been no change in the final project deadline as of now. What will be the impact of delays in TBM deployment?
If the deployment of TBM (Tunnel Boring Machine) equipment get delayed, then it could affect the construction of the 21-kilometre-long tunnel from Bandra-Kurla Complex to Shilphata. This stretch includes a 7-kilometre-long undersea tunnel beneath the Thane Creek, which is the most challenging part of the project. Interestingly, TBM machines were also brought in from China for the Mumbai Metro and Coastal Road projects — but that was before the 2020 Galwan clash.
In today's changed diplomatic environment, these delays are raising many questions. Is the delay purely technical, or is there another reason behind it?

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‘Europe of defence has finally awakened' amid rising Russian threat, says Von der Leyen ahead of Nato summit
‘Europe of defence has finally awakened' amid rising Russian threat, says Von der Leyen ahead of Nato summit

First Post

time24 minutes ago

  • First Post

‘Europe of defence has finally awakened' amid rising Russian threat, says Von der Leyen ahead of Nato summit

European Commission President von der Leyen on Tuesday declared that 'the Europe of defence has finally awakened,' as Nato allies prepare to set unprecedented spending targets in response to rising geopolitical threats read more European Commission President Ursula von der Leyen, left, and Nato Secretary General Mark Rutte, right, greet Ukraine's President Volodymyr Zelenskyy as he arrives for the Nato defence forum on the sidelines of the Nato summit in The Hague, Netherlands, on Tuesday. Reuters European Commission President Ursula von der Leyen on Tuesday declared that 'the Europe of defence has finally awakened,' as Nato allies prepare to set unprecedented spending targets in response to rising geopolitical threats, including Russia's military buildup. Speaking ahead of the Nato summit, von der Leyen hailed what she called a historic moment, with member states poised to commit to raising defence spending to five per cent of GDP — a dramatic shift in military posture not seen since the Cold War. STORY CONTINUES BELOW THIS AD 'The future of Europe is being written on the frontline in Ukraine — but also in your factories,' The Guardian quoted von der Leyen as saying to European defence manufacturers. 'In record time, you have opened new production lines, stepped up output, and adapted to the reality of full-scale war on European soil,' she added. Von der Leyen warned that Europe must be prepared for Russia to challenge Nato's mutual defence commitments by 2030. 'This is a once-in-a-generation tectonic shift,' she was quoted as saying. 'Europe must develop credible deterrence, and this will require a new mindset — ready to leave our comfort zones and embrace innovation across civil and military sectors,' she added. The Commission president also emphasised the importance of streamlined defence procurement across EU states and candidate countries, while calling for deeper cooperation with key partners such as the UK. NATO Secretary General Mark Rutte echoed the urgency, saying: 'If you want peace, prepare for war. Nato's military edge is being aggressively challenged by a rapidly rearming Russia, supported by Chinese tech and armed with Iranian and North Korean weapons.' STORY CONTINUES BELOW THIS AD Rutte warned it is 'unthinkable' that Russia — with an economy a fraction the size of Nato's — should be able to outproduce the alliance militarily. 'We must spend more to prevent war. We must win this new war of production,' he said. 'That's what this summit is all about.' Rutte said European allies should not worry about the United States' commitment to Nato. 'There is total commitment by the US president and the US senior leadership to Nato,' Reuters quoted Rutte as telling a public forum before the formal opening of the summit. He added, however, that such backing came with an expectation that European countries and Canada spend more on defence. The two-day Nato summit is intended to signal to Russian President Vladimir Putin that Nato is united, despite US President Donald Trump's previous criticism of the alliance, and determined to expand and upgrade its defences to deter any attack from Moscow. With inputs from agencies STORY CONTINUES BELOW THIS AD

Iran's oil is stuck, China's refineries are down — Is a global price shock coming?
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Time of India

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  • Time of India

Iran's oil is stuck, China's refineries are down — Is a global price shock coming?

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Where will Iran's crude go if China slows buying? With production steady at 4.2 million bpd, and about 2 million bpd available for export, Iran would need to redirect volumes if China pulls back. Historically, countries across Asia-Pacific and the EU were buyers, but current sanctions and market dynamics make this difficult. Rystad expects India could become a key buyer of Iranian LPG, if sanctions ease or trade dynamics shift. Iran's medium sour crude matches many global refineries' requirements, and declines in Venezuela and Russia's output could open space for Iranian barrels — provided political roadblocks are cleared. What's the role of OPEC+ in stabilising the market? Rystad notes that OPEC+ is likely to remain cautious, gradually unwinding production cuts to maintain price stability without pushing the market into contango (a state where future prices are higher than spot prices). 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‘We're seeing a new China shock': Chinese exporters rush to Europe, Asia as Trump tariffs curb US sales
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Mint

time40 minutes ago

  • Mint

‘We're seeing a new China shock': Chinese exporters rush to Europe, Asia as Trump tariffs curb US sales

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