Aug 24, 2013 03:31 PM IST
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
- Aug 13, 2013 10:37 PM IST
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.
- Aug 12, 2013 06:20 PM IST
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.
- Aug 06, 2013 12:34 AM IST
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.
- Jul 15, 2013 06:38 PM IST
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.
- Jul 10, 2013 10:33 AM IST
Subir Gokarn or Brookings India, while talking to CNBC-TV18, said current account deficit is the main cause for the depreciation in rupee. Gold is a significant cause aiding CAD and any fall in gold imports will reduce CAD pressure.
- Jun 19, 2013 04:38 PM IST
Although the state is prone to landslides and flash floods but in recent times such incidents have been occurring at an alarming rate. Several areas of Uttarakhand are still cut off from the country and the death toll could rise.
- Jun 15, 2013 04:38 PM IST
Dipan Mehta, Member, BSE & NSE says one should completely avoid oil public sector undertakings (PSUs) for portfolio.
- Apr 18, 2013 04:16 PM IST
The Supreme Court (SC) on Thursday lifted a one-and-a-half-year old iron ore mining ban in Karnataka. As per the CEC reports, Category B mines will be allowed to restart mining subject to necessary statutory clearances and completion of relief and rehabilitation work is complete.
- Apr 18, 2013 01:16 PM IST
Supreme Court‘s decision of allowing mining in Category B mines in Karnataka will give little relief to Sesa Goa because most of its operations are in Goa, which is still shut and they have little capacity in Karnataka, Abhisar Jain of Centrum Broking said.
- Apr 18, 2013 11:56 AM IST
The Supreme Court has kept a ban on bauxite mining in hills in Odisha considered sacred by residents and has asked the state high court to investigate if digging would disrupt the environment or people living there, a judge said on Thursday.
- Apr 12, 2013 07:18 PM IST
Coal India Ltd , the world's biggest coal miner, plans to cut its stocks by around a quarter this fiscal year, its chairman said, a move that may help increase supply to power producers in the energy-hungry nation.
- Apr 02, 2013 10:49 PM IST
Ratings agency Icra today said it holds a negative outlook on sectors like metals and mining, construction, power, and capital goods due to "policy-related constraints".
- Apr 02, 2013 03:46 PM IST
Goa Chief Minister Manohar Parrikar today asked people living in iron ore rich belt to decrease their dependence on mining and instead look for alternate modes of employment.
- Mar 11, 2013 01:11 PM IST
Ashish Chugh, investment analyst, recommends a â€˜buy‘ on two companies in the current market- Eimco Elecon and DCM Shriram Consolidated.
- Mar 04, 2013 09:03 PM IST
Ruling out any other independent probe to detect political patronage of alleged illegal mining activities in Odisha, Justice M B Shah Commission of Inquiry today said it was unlikely to meet the July 16 deadline for submitting its final report.
- Mar 01, 2013 04:21 PM IST
Ravi Uppal, MD, JSPL told CNBC-TV18 that the power projects have been facing several issues over the past two quarters. He expected the FM to speak more on lending rates in the Budget, as lower lending rates can further fuel investments.
- Feb 28, 2013 05:43 PM IST
India's economy grew at a worse-than-expected 4.5 percent in the quarter ending December 31, hurt by a slowdown in agriculture, mining and manufacturing, government data showed on Thursday.
- Feb 19, 2013 03:28 PM IST
Titagarh Wagons has planned to merge its heavy earth-moving and mining equipment division with a 100 percent subsidiary, Titagarh Cranes. Umesh Choudhary, MD of Titagarh Wagons told CNBC-TV18, it would help the company grow this segment on its own accord.
- Feb 18, 2013 05:20 PM IST
The Vedanta Resources group chairman, Anil Agarwal expects the Finance Minister to provide extra impetus to key resources such as coal, iron ore, oil and gas in the upcoming budget
- Feb 14, 2013 12:26 PM IST
After successful stints at India‘s leading steel firms, Malay Mukherjee speaks to Fobes India about the mistakes large companies tend to make.
- Feb 05, 2013 03:16 PM IST
National Mineral Development Corp. , India's biggest iron ore producer, kept prices unchanged for February, fearing a drop in sales after a robust January, a source said, a move that could impact realisations amid rising overseas prices.
- Jan 28, 2013 06:52 PM IST
B Surender Mohan, CMD, Neyveli Lignite in an interview to CNBC-TV18 said growth in their turnover and profits was mainly due to increase in production and generation.
- Jan 25, 2013 02:34 PM IST
The government versus Vedanta case has the entire mining industry interested in the outcome, in the hope of getting more clarity on mining permissions.
- Jan 19, 2013 11:35 AM IST
GVK has to raise USD 7 billion in debt to succeed in its venture to mine coal Down Under and fight off stiff competition. The Great Barrier Reef, off the coast of Queensland, is one of Australia‘s greatest natural gifts. The coral reef system stretches for 2,600 km and can be seen from outer space.