In recent years, the state has emphasised mining reforms and implemented progressive policies, resulting in Uttarakhand achieving the No. 1 position in the country's mining sector.
These sectors were discussed during a meeting between Commerce and Industry Minister Piyush Goyal and Saudi Minister for Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef in Riyadh
The company witnessed 39% growth in its sales in the domestic market at 25,930 units in 2023
Amendments in the Mines and Minerals (Development and Regulation) Act, 1957 have been proposed, say sources.
Quoting, Zimbabwe Vice President Constantino G D N Chiwenga, the chamber said huge opportunities exist to enhance economic cooperation.
A vibrant mining sector has the capacity to spur growth and add up to USD 70 billion to the country's economy as well as generate 60-70 lakh jobs, a report by industry body CII said.
The mining sector has seen a healthy growth in the current fiscal, a top government official said here today.
This paves the way for transfer of captive mines in the country without the need for auction and will unclog a number of stuck deals in the mining sector.
The infrastructure company had clocked a net profit of Rs 37.73 crore for the corresponding quarter of the previous fiscal, it said in a BSE filing.
The Chennai-based company currently manufactures steel wheels for passenger cars, utility vehicles, trucks, buses, tractors and construction equipment.
The Mines and Minerals (Development and Regulation) Amendment Bill, 2015, which will replace an ordinance promulgated in January, was passed amid vociferous protests by members from TMC, BJD and RSP.
Mines minister Dinsha Patel, in the Parliament on Friday, said that the mining sector had the potential to contribute upto Rs 11.25 lakh crore to the GDP and can create 1.5 crore jobs by 2025.
Mines minister Dinsha Patel said that mining sector has the potential to contribute upto Rs 11.25 lakh crore to the GDP by 2025 and create 15 million jobs.
Anand Patel, CEO, Ammann Apollo India says, in an interview on CNBC-TV18, that the proceeds from the sale of 70-percent stake in its subsidiary Apollo Construction Equipment Limited (ACEL) to Switzerland-based Ammann Group will be used to build the company‘s crushing and screening equipment.
Angel Broking has come out with its report on "IIP updates for January 2013". The research firm expects a 25bps cut in the repo rate by the RBI in its March 19 policy review owing to the moderation in growth and deceleration of WPI inflation along with efforts to narrow the fiscal deficit.
Year 2012 for India Inc was disastrous. It was failure after failure that hit the mining industry. First it was Karnataka where mining activates were banned and then Goa. The shortage of iron ore also affected the steel-makers. Input costs surged exponentially, reports CNBC-TV18‘s Vineetha Athrey.
Industrial output rose higher-than-expected in January at 6.8% buoyed by an increase in production of non durable goods even as the capital goods and mining sectors continued to decline.
The January IIP numbers will be announced today. It is expected to be another subdued number this time around, with the CNBC-TV18 poll estimating the IIP to come in at 2.1%, reports Latha Venkatesh.
CRISIL Research has come out with its analytical note on surprise rebound in industrial production based on IIP data for November 2011.
Angel Broking has come out with its report on mining sector. The research firm recommends investors to Buy NMDC at these levels.
Industry experts tell CNBC-TV18 that they are not shocked with the GDP number, and that it is inline with estimates.