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MINERAL AUCTION RULES 2015
Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
DDA auction of 142 properties generates Rs 1,300 crore revenueThe Delhi Development Authority has hit a major milestone by auctioning 142 properties, bringing in a remarkable revenue of Rs 1,321 crore....
Importers fret over China's new critical mineral frameworkNew Chinese regulations on mineral resources are causing worry for Indian businesses. Beijing is linking vital mineral supplies to its nati...
Coal exchange rules issued, focus on price discovery and qualityIndia's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move tr...
ED summons Veena Vijayan, CMRL directors for questioningA few other individuals, including directors of CMRL, have been summoned for questioning at its Kochi office on June 12. Statements of Veen...
Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Sebi review to ensure broker net worth rules align with risk: Sebi ChiefSebi is revolutionizing the landscape for stockbrokers with updated regulations that align capital requirements with their operational scal...
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone IdeaThe Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of appro...
Centre has coal reserves for 80 days of power generation: Union Minister Kishan ReddyIndia possesses enough coal reserves to power the nation for 80 days. Union Minister G Kishan Reddy stated this achievement of the NDA gove...
ED to intensify PMLA probe against CMRL, to summon Veena VijayanThe Enforcement Directorate will intensify its money laundering probe against Cochin Minerals and Rutile Limited. The agency will soon summ...
FIR not required for ED's civil action under PMLA: HCThe Kerala High Court has ruled that the Enforcement Directorate can initiate civil action under the PMLA even without a registered FIR or ...
Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumesCoal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
India, UK unveil new initiatives on critical minerals, maritime securityIndia and the UK are embarking on an exciting journey of collaboration. With the unveiling of a significant trade deal and a strategic defe...
Not a minor issue! Andhra CM N Chandrababu Naidu raises Major Laterite Matter with CentreAndhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over a recent Union government policy change. This change reclassifie...
Tamil Nadu geology, mining dept to conduct enhanced drone inspection to find illegal miningTamil Nadu's Geology and Mining Department to use advanced drones for quarry inspections. This follows recent physical checks that uncovere...
India poised for critical mineral breakthrough within a year, says Minister G Kishan ReddyIndia is poised for major advancements in critical minerals in the coming year. A unified government strategy is accelerating resource secu...
India's mine block operationalisation picks upIndia’s mining sector has seen a sharp acceleration in both auctions and operationalisation of mineral blocks in recent years, according to...