NMDC has announced a new price hike for iron ore starting from October 23. Lump ore is now priced at Rs 6,350 per tonne, an increase of 10....

"Limestone and bauxite too fetched sizable revenue. Dantewada contributed Rs 6419 crore, followed by Korba Rs 2361 crore, Raigarh Rs 1717 c...

Odisha is expected to reimburse over ₹300 crore royalty for coal supplied by Mahanadi Coalfields Ltd (MCL), a Coal India unit, between Apri...

The mining industry faces acute financial difficulty in utilisation of the input tax credit availed by the owners on their purchases of inp...

“On an average, additional amount to the extent of about 20% is being charged over and above the applicable charges on account of premium, ...

Granting infrastructure status to the steel industry, it said, will give access to finance at competitive rates from various markets and so...

Underlining multiple challenges coupled with disruptions due to coronavirus lockdown, Ficci has also sought deferment of royalty and contri...

Under the rules, the transferee will have to pay a transfer charge equivalent to a certain percentage of the royalty paid, the notification...

The Centre has called a meeting of state governments this month to deliberate on making the next phase of mineral mines' auction a success ...

Steel giant SAIL today reported a standalone net loss of Rs 1,055.96 crore for the second quarter ended September 30, due to lower sales re...

A steep fall in prices of major minerals has generated an appeal for moderation in tax rates in the mining sector. The issue pertains to mi...

These payout rates are much lower than the rates prescribed in the new mining law — 100% of royalties for existing and 33% for new mines.

US regulator FDA has hiked its fees for new generic drug applications by up to 30 per cent, a move that may hit hard Indian drugmakers.

Listed companies such as Tata Steel and SAIL will be benefited because all their mines will get automatic extension till March 2030.

Metal cos had been witnessing selling pressure for the past two sessions, thanks to DMF. But the counters gained up to 3.33% in today's ses...

Government revised pending royalty rates on minerals including iron ore and bauxite, move ensuring significant swelling in annual revenue o...

The government today said quality of drugs produced by the Indian pharma industry is of proven global quality standards