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CENTRE INCENTIVES FOR MINES
Trump proposes, Iran disposes: Hormuz is now a battlefield of claimsDespite President Trump's optimistic claims of breakthroughs with Iran on the Strait of Hormuz and its nuclear program, Tehran has forceful...
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Part of state capex loan tied to fiscal disciplineUnder the total outlay, Arunachal Pradesh received the highest allocation of Rs 4,900 crore, followed by Himachal Pradesh with Rs 3,920 cro...
Informal sector steps up coal stocking over price concernsCoal prices have risen internationally and percolated to the free market rates for coal clocking a premium of 10-15% over the usual rates d...
Centre offers incentives for speedier mine operationalisationNew rules aim to speed up mine operations. Intermediary timelines and penalties are introduced for delayed production. Incentives like redu...
Sopping spree to boost state reforms: Centre outlays incentives via Rs 1.5 lakh cr scheme for FY26The central government is setting reform targets for states. These reforms span mining, urban development, road safety, and land reforms. S...
Quarterly review in the works for auctioned mines to begin operations fastThe Centre has initiated a quarterly review mechanism to expedite the operationalisation of auctioned mines, addressing delays in environme...
Plan to auction 20 critical mineral blocks under new licence regime in the worksThe central government plans to auction up to 20 critical mineral blocks for deeper exploration under a new license regime to improve the t...
Centre sweetens sops for exploring critical and strategic mineralsAn official statement said a 25% exploration incentive for agencies engaged in discovering Critical and Strategic Minerals will “significan...
India considers incentives for lithium processingIndia is contemplating providing incentives to private companies to establish lithium processing facilities in an effort to develop its lit...
Centre approves incentive for exploring critical mineralsExploration agencies from both public and private sectors can avail this financial incentive on successful discovery of critical minerals i...
Centre plans to provide incentive for early commencement of production from auctioned minesAs part of the pre-legislative consultation policy, the draft Amendment Rules is made available... Comments / suggestions are invited from ...
Coal mining may be opened up to all sectors before next auctionThe Centre proposes to open up bidding for coal blocks to all firms with offices registered in India. As per section 11A of the MMDR Act, t...
Reverse-auction of coal to power companies may be scrappedPlans to give states freedom to select companies that offer the lowest power tariff based on coal from these blocks.
Telangana eyes Iron Ore mines in Orissa and ChhattisgarhThe move comes weeks after the state-owned steel giant expressed its inability to set up the proposed integrated steel project in Bayyaram ...
Budget 2014: Budget proposal for revision of royalty on minerals to boost state revenuesThe last time royalty was revised is in August 2009. Hence, a revision in rates has been due for some time now which was cordially received.
- Reform mining
National Mineral Development Corporation (NMDC), our largest iron ore producer and exporter, has an embarrassingly huge market cap, thanks ...