Jul 04, 2016 05:50 PM IST
Telangana government is eyeing Rs 4,800 crore revenue from mining industry this year as against Rs 2,770 crore it garnered last year, State Minister for IT and Industries, K T Rama Rao, said today.
- Jul 04, 2016 08:04 AM IST
"Mines Ministry will take up the issue of TLV on beach sand minerals (BSM) with the industry over the demand that it has made on the provisions of the draft Atomic Mineral Concession Rules 2016 at the national mines and minerals conclave in Raipur tomorrow," a senior government official said.
- Jun 29, 2016 09:00 PM IST
"The Cabinet today cleared NMEP. After the policy is approved, the government can auction 100 blocks that have been identified by the Geological Survey of India (GSI) for exploration," a source said.
- Jun 29, 2016 12:11 PM IST
The policy boosts mineral exploration by private companies, unlike earlier, by allowing them to bid for mineral blocks, reports Anshu Sharma of CNBC-TV18.
- Jun 17, 2016 06:18 PM IST
India's public and private
Addressing students of Namibia University of Science and Technology, Mukherjee said Namibia is blessed with rich natural resources and an abundance of mineral wealth.
- Jun 17, 2016 03:44 PM IST
"Ministry will soon send the NMEP to the Union Cabinet for approval. After the policy is approved, the government can auction 100 blocks that have been identified by Geological Survey of India (GSI) for exploration," a senior official said.
- Jun 15, 2016 02:40 PM IST
High Ground Enterprise's Sandeep Arora hopes for Rs 90-100 crore in revenues from the mining project in FY17.
- Jun 10, 2016 05:01 PM IST
Industrial output, measured by Index of Industrial Production (IIP) came in at -0.8 percent for the month of April. For March, the IIP had fallen by 0.1 percent.
- Jun 07, 2016 03:46 PM IST
The government will invest around Rs 3,500 crore on conducting aero-geophysical survey of 8.13 lakh sq km area for probing deep seated and concealed mineral deposit, a move that will boost mineral exploration in India
- May 30, 2016 11:55 AM IST
P Dwarakanath, CMD of BEML sees lot of traction in the mining space and increased visibility on Metro orders, on which the company is heavily booked.
- May 30, 2016 10:13 AM IST
Moody‘s expects 2016 to be another challenging year for metals and mining firms, leading to higher problem loans and weak recoveries for existing problem and restructured loans
- May 27, 2016 03:10 PM IST
Speaking at the inaugural session of a national meeting of mines ministers here, Tomar said the Cabinet note is ready and the government will introduce the policy soon.
- May 20, 2016 02:52 PM IST
Indian iron ore export mining industry, after its absence for four years from the
international market, needs tax relief to compete globally, an industry official has said
- May 17, 2016 07:30 PM IST
Moving ahead with its decision to open up the coal sector, the government had last month invited applications from public sector entities for allocation of eight mines that have been identified for commercial mining.
- May 13, 2016 08:12 AM IST
"The special forward e-auction for 2016-17 for power producers-Phase II will be conducted as per the terms and conditions followed for Special Forward E auction for 2016-17 Phase I and as per the scheme of Special Forward E Auction for power producers," an official said.
- May 09, 2016 02:08 PM IST
The high-level meeting, to be chaired by Steel and Mines Minister Narendra Singh Tomar, is scheduled to be held in Goa by month-end and will also discuss issues like setting up of District Mineral Foundation (DMF), status of National Mineral Exploration Trust (NMET) and steps to check illegal mining.
- May 06, 2016 12:10 PM IST
The decision by the Union Cabinet is expected to help reduce cost of power generation by 40-50 paise per unit and will lead to savings of Rs 25,000 crore per annum in 4-5 years.
- May 04, 2016 05:32 PM IST
Coal India's output for this fiscal is fixed at 598 million tonnes (MT) and the government is aiming to save Rs 40,000 crore in foreign exchange on account of lower coal
imports this fiscal.
- May 04, 2016 09:24 AM IST
"The Union Cabinet is likely to consider and approve a proposal to provide flexibility in utilisation of domestic coal for reducing the cost of power generation, in its meeting scheduled for today," a source said.
- Apr 22, 2016 01:47 PM IST
Softential, a Cyient company dealing in service operations management, was also a major dissapointment in FY16, bringing lower than anticipated revenues. But Bodanapu expects it to do better in the future and says it is going to fetch them little over $20 million in the coming year.
- Apr 15, 2016 01:46 PM IST
Coking coal, however, would need to be imported, the Coal and Power Minister said at the maiden Maritime India Summit here, adding that his Ministry was ready to tie up with Indian shipping companies for this purpose.
- Apr 12, 2016 08:32 PM IST
Mining behemoth Coal India Ltd has
decided to abolish performance incentives it used to earn on
the supply of coal beyond certain levels.
- Apr 06, 2016 03:20 PM IST
The Centre's green panel has given
clearance to Tata Steel for diversion of about 199 hectare of
forest land for expansion of its iron ore mining project in
Keonjhar district, Odisha.
- Mar 28, 2016 09:10 AM IST
"The special forward e-auction phase V will be conducted as per the terms and conditions followed for special forward e-auction phase IV," Coal India Ltd (CIL) said in a recent notice.
- Mar 20, 2016 04:28 PM IST
Coal India (CIL), which accounts for over 80 percent of the domestic coal production, had dispatched 348.34 million tonnes (MT) of the dry fuel during April-February 2014-15.