Dec 05, 2014 at 12:37 | Source: Reuters
Formerly the world's No. 3 supplier of iron ore, India has been importing over the last two years due to court-imposed restrictions aimed at curbing illegal mining in the key producing states of Karnataka and Goa.
Nov 25, 2014 at 19:28 | Source: PTI
State-run iron ore miner NMDC was earlier given the task of putting in place basic infrastructure, including land acquisition for the plants, each with 10-12 million tonne capacity, in Chhattisgarh, Jharkhand, Karnataka and Odisha.
Nov 11, 2014 at 22:11 | Source: CNBC-TV18
About 2000 private schools in Karnataka have themselves under the state government's scanner for alleged violation of norms. As the government threatens to shut all schools that are running without proper certifications, CNBC-TV18s Poornima Murali and Kritika Saxena report that the fate of almost 4 lakh students hangs in the balance.
Nov 11, 2014 at 14:41 | Source: Reuters
The company in August stopped producing from its lone operational mine in the southern state pending the renewal of its licence, exacerbating a shortage of the raw material for users such as JSW Steel Ltd and Kalyani Steels.
Nov 10, 2014 at 18:26 | Source: CNBC-TV18
The Karnataka Iron and Steel Manufacturers Association (Kisma) has alleged arbitrary action by the state government in granting iron-ore mining leases and has submitted a memorandum to the prime minister seeking his intervention in the regard, reports CNBC-TV18s Poornima Murali
Nov 07, 2014 at 14:58 | Source: CNBC-TV18
These leases are being renewed post the 2012 mining ban. Once these mining leases are granted, environmental and forest clearances will have to be acquired before starting the mining process.
Oct 14, 2014 at 11:29 | Source: CNBC-TV18
The Supreme Court had in April lifted the mining ban in Goa but imposed an annual cap of 20 million tonnes on the industry.
Oct 01, 2014 at 20:26 | Source: CNBC-TV18
The ban was imposed based on the findings of justice MB Shah commission report, which estimated a Rs 35,000 crore loss to the exchequer due to alleged illegal mining over 12 years.
Sep 23, 2014 at 14:58 | Source: Moneycontrol.com
An expected upturn in domestic iron ore supply, which may result in falling prices, is likely to be a negative for several domestic steel companies having captive mines even as they continue to face intense competitive pressures globally thanks to a sharp fall in global ore prices, according to a research report by Prabhudas Lilladher.
Aug 25, 2014 at 08:50 | Source: PTI
Coking coal prices have declined by around 16 percent in the first quarter of 2014-15 (Q1FY15) over the previous quarter, and the same contract prices have been rolled over in Q2FY15. This followed a 13 percent decline in coking coal prices over the whole of FY'14.