-
The loss of the rights has triggered a legal battle between MdR and Mozambique’s government, leaving JSW as an observer. It comes at a critical time for the country, after disputed elections last October triggered demonstrations in which at least 278 people have died.
-
South32 said road blockages were restricting transport of raw materials to the facility, leading to operational impact. A recent disputed election result in Mozambique has triggered protests in the country, leading to escalating violence.
-
The acquisition worth $73.8 million will help JSW Steel to gain access to more than 800 metric tonnes of premium hard coking coal reserves in Mozambique
-
The project has been under force majeure since April 2021 following worsening security situation due to attacks from Islamic State terrorists in the coastal town of Palma in Cabo Delgado province.
-
An confidential EU document reveals that the EU is preparing to expand financial backing for an African military operation in Mozambique by five times, as Islamist attacks put gas projects aimed to lessen the EU's dependency on Russian energy at risk.
-
Ecuador, Japan, Malta, Mozambique, and Switzerland were elected to the United Nations Security Council as non-permanent members for the 2023-2024 term, and are set to take over the horseshoe table from India, Ireland, Kenya, Mexico, and Norway on January 1 next year.
-
Dr Matshidiso Moeti, the World Health Organization’s regional director for Africa, said the detection of the new wild poliovirus case was “greatly concerning”.
-
ONGC said that it will continue to invest around Rs 30,000 crore per year on capital expenditure aimed at arresting the decline in output and subsequently increasing it.
-
If the conflict in Mozambique continues, a humanitarian disaster will grip the country and likely spread to the wider region. It is likely to influence all sectors of Mozambique’s economy, and, thereby, affect India as well
-
The attackers took the victims to a football field in one of the villages and killed them.
-
The World Bank estimates the affected countries will need over $2 billion to recover.
-
Cyclone Idai lashed the Mozambican port city of Beira with winds of up to 170 km per hour (105 miles per hour) last week, then moved inland to Zimbabwe and Malawi, swamping populations and devastating homes.
-
Oil Minister Dharmendra Pradhan, who is here to attend the LNG Producer-Consumer Conference, met his Mozambique counterpart Leticia Klemens to discuss the development of the gas field.
-
India dropped from its previous rank in the overall investment attractiveness index and has been placed among the 10 lowest nations, the Fraser Institute's annual survey of mining and exploration companies for 2016 has said.
-
The company, which mines for emeralds and amethysts in Zambia and for ruby and corundum in Mozambique, reported a loss of USD4.3 million for the half year ended December 31. Revenue fell 45.7 percent to 51 million pounds.
-
The turnover of the company saw a 25 percent growth to Rs 5,408 crore during the quarter under review as against Rs 4,336 crore in the same quarter a year-ago.
-
"The recent spurt in global coal prices, particularly for coking coal, is expected to create an encouraging scenario for such acquisition process," Goyal told lawmakers in a written reply.
-
India's High Commissioner to Mozambique Rudra Gaurav Shresth handed over the amount to Mozambique's Minister of Trade and Industry yesterday, primarily to purchase wheat.
-
Similarly, Wipro's Azim Premji, the 4th richest Indian on the Forbes list, has a networth of USD 15 billion -- more than Mozambique's GDP of USD 14.7 billion.
-
"The government has signed an MoU with the government of Mozambique, which fixes targets of minimum quantities of import of tur and other pulses from Mozambique over three financial years," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.
-
India recently signed an MoU with Mozambique to double import of tur and other pulses from the African nation to 2 lakh tonnes per annum in next five years.
-
Focus of the visit will be on deepening cooperation in areas of hydrocarbons, maritime security, trade and investment, agriculture and food.
-
Pulse prices in domestic markets are retailing as high as Rs 198 per kg due to shortfall in the local output in the wake of two consecutive droughts.
-
Indian delegations last week visited pulses growing nations, Mozambique and Myanmar, to explore government-to- government arrangement for assured supply of lentils, especially tur, on a long term basis.
-
Retail pulses prices have shot up as high as Rs 200 per kg owing to a seven million tonnes shortfall in the domestic output following two consecutive drought years.
