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  • India's moves to curb iron ore mining, exports Jan 02, 2014 08:48 AM IST

    India's moves to curb iron ore mining, exports

    The mining and export bans in the key states of Goa and Karnataka have brought miners and other businesses to their knees, forced steelmakers to buy iron ore abroad and seen hundreds of thousands laid off.

  • Sesa Sterlite jumps 4%, starts mining in K'taka on SC nod Dec 30, 2013 12:51 PM IST

    Sesa Sterlite jumps 4%, starts mining in K'taka on SC nod

    "The company has received permission from the Supreme Court appointed monitoring committee to resume the mining activities at its Karnataka mine. Accordingly, the company has commenced its mining operations today, in accordance with stipulated conditions," it said in a statement.

  • K'taka mines produce just 25% ore; CEC steps in Dec 24, 2013 10:01 PM IST

    K'taka mines produce just 25% ore; CEC steps in

    They may have finally got the SC's green signal, but Karnataka's mines are still not functioning in full force. So far 77 mines have implemented Reclamation & Rehabilitation, which is a prerequisite to restart mining, but only 19 have started operations.

  • Govt allows Coal India to produce gas from coal seams Dec 19, 2013 07:31 PM IST

    Govt allows Coal India to produce gas from coal seams

    The Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Manmohan Singh, allowed Coal India (CIL), the world's largest coal miner, to explore and produce coal-bed methane (CBM) in its existing mines, Coal Minister Sriprakash Jaiswal said.

  • Is rural demand all about small pack story? Dec 05, 2013 12:51 PM IST

    Is rural demand all about small pack story?

    GSK Consumer sees good traction in rural demand and expects better harvest to ease pressures on its input costs. Meanwhile, Shriram Transport feels that demand in rural India has remained resilient.

  • Production target of 482 MT in FY'14 looks challenging: CIL Dec 03, 2013 04:09 PM IST

    Production target of 482 MT in FY'14 looks challenging: CIL

    When asked does the annual production target for the current fiscal look challenging for Coal India, its Chairman and Managing Director S Narsing Rao said "Obviously. There are only 119 days left".

  • Decisive politics can make FY15 a year of recovery: Leyland Nov 28, 2013 10:34 AM IST

    Decisive politics can make FY15 a year of recovery: Leyland

    Executive vice chairman R Seshasayee, Ashok Leyland equals India's current mood to being in a twilight zone. He says the country's economics is held back by politics which is confusing and murky.

  • Nalco temp working permit extended for 3 months Nov 17, 2013 08:39 PM IST

    Nalco temp working permit extended for 3 months

    The Union Ministry of Environment and Forests (MoEF) has extended the one-year temporary working permit (TWP) of aluminium major Nalco for three months for operating the central and north block of Panchpatmali mines at Damanjodi in Koraput district.

  • SAIL seeks final J‘khand iron ore mine consent from PMG Nov 17, 2013 04:51 PM IST

    SAIL seeks final J‘khand iron ore mine consent from PMG

    SAIL has knocked at the doors of the Prime Minister's Project Monitoring Group, set up to expedite approvals of stalled infrastructure proposals, seeking final forest and environment clearances for mining and capacity expansion at the Gua iron ore mines in Jharkhand.

  • Oct CPI seen at 10%; core sector growth to boost Sept IIP Nov 12, 2013 09:34 AM IST

    Oct CPI seen at 10%; core sector growth to boost Sept IIP

    September IIP data is expected to be the positive at 3.5 percent according to the poll, but quite a few analysts are expecting 4 percent.

  • Goa seeks SC nod to export mined iron ore Oct 24, 2013 08:52 PM IST

    Goa seeks SC nod to export mined iron ore

    During the hearing, the apex court had said that there should be a proper system in place to regulate mining and other related activities in Goa.

  • Govt may expedite divesting stake in HZL, Balco: Tulsian Oct 15, 2013 09:15 PM IST

    Govt may expedite divesting stake in HZL, Balco: Tulsian

    SP Tulsian of sptulsian.com says,” I think the government will now be happy to expedite the process of divesting their residual stake in HZL as well as in Balco.”

  • HCL Tech bags contract from UK-based Anglo American Sep 10, 2013 08:44 PM IST

    HCL Tech bags contract from UK-based Anglo American

    The scope of service covers end-to-end infrastructure services, including data centre and hosting services, local area network and security management and on-site IT services, the statement said.

  • Bull vs Bear case: How to play Sesa Goa now Sep 10, 2013 04:30 PM IST

    Bull vs Bear case: How to play Sesa Goa now

    Shares of Sesa Goa rose more than 6 percent on Tuesday

  • Brokerage calls: How to trade Sesa Goa, Ultratech, Bharti Sep 06, 2013 09:43 AM IST

    Brokerage calls: How to trade Sesa Goa, Ultratech, Bharti

    Find out how brokerages are placing their bets on Sesa Goa, Ultratech and Bharti Airtel.

  • Go long in Coal India, target of Rs 274: Bhamre Sep 03, 2013 01:17 PM IST

    Go long in Coal India, target of Rs 274: Bhamre

    Siddharth Bhamre of Angel Broking advises to go long in Coal India at current levels with a target of Rs 274 and stoploss at Rs 248.

  • Is sub 5% GDP growth new reality? Experts discuss Aug 31, 2013 03:27 PM IST

    Is sub 5% GDP growth new reality? Experts discuss

    Sonal Varma of Nomura believes that the potential growth of the economy has been declining almost in every sector.

  • Can use Goa's 8-10MT inventory once ban is lifted: Sesa Goa Aug 30, 2013 12:24 PM IST

    Can use Goa's 8-10MT inventory once ban is lifted: Sesa Goa

    Speaking to CNBC-TV18, PK Mukherjee, managing director, Sesa Goa says that the Goa mine has 8-10 million tonne of inventory and if it were to be exported soon, it could lead to a huge gain for the country.

  • Sesa Goa rallies 14%, Goa CM says mining may resume in Nov Aug 29, 2013 06:18 PM IST

    Sesa Goa rallies 14%, Goa CM says mining may resume in Nov

    Goa chief minister Manohar Parrikar said mining in Goa could resume by November this year if the Supreme Court lifts the ban imposed on the activity soon. He also added that the state government has begun formalities to withdraw suspension of mining leases issued last year.

  • Mining can commence from November if SC lifts ban: Parrikar Aug 29, 2013 09:43 AM IST

    Mining can commence from November if SC lifts ban: Parrikar

    Chief Minister Manohar Parrikar said that the resumption of mining will depend on the apex court order, clearance from Ministry of Environment and Forest, consent under water and air pollution prevention act and certification from Indian Bureau of Mines.

  • Mines, law mins to move SC on mining ban in Goa Aug 24, 2013 03:31 PM IST

    Mines, law mins to move SC on mining ban in Goa

    The mines ministry met law ministry officials to discuss options to move Supreme Court on relaxing mining ban in Goa. About a year ago, mining was banned in Goa and about 4-6 million tonne of iron ore is still lying idle in the state

  • Mining in Karnataka: More pain ahead for NMDC Aug 13, 2013 10:37 PM IST

    Mining in Karnataka: More pain ahead for NMDC

    Iron ore supplies in Karnataka have not picked up since the Supreme Court lifted the ban on mining 4 months ago. National Mineral Development Corporation (NMDC), may see production capacities cut by half.

  • June IIP at -2.2%, July CPI lower at 9.64% Aug 12, 2013 06:20 PM IST

    June IIP at -2.2%, July CPI lower at 9.64%

    The Index of Industrial Production (IIP) contracted to 2.2 percent in the month of June versus a negative 2.8 percent in the month of May, indicating that the much-anticipated revival has not happened.

  • Vedanta to discuss bauxite mining issue with Odisha govt Aug 06, 2013 12:34 AM IST

    Vedanta to discuss bauxite mining issue with Odisha govt

    The one-million tonne Vedanta's alumina plant at Lanjigarh in the southern part of the mineral rich state, was reopened last fortnight after being shut for close to seven months due to shortage of key raw material bauxite and the local tribals' opposition to mining from the nearby Niyamgiri hills.

  • RBI may cut key policy rates 50-75 bps this fiscal: Experts Jul 15, 2013 06:38 PM IST

    RBI may cut key policy rates 50-75 bps this fiscal: Experts

    The high volatility in rupee and the upward pressures on inflation in June have, however, considerably reduced the possibility of the RBI easing rates at its first quarter monetary policy review on July 30.

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