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MINISTRY OF STEEL AND MINES
Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee de...
India proposes broad revamp of industrial output index ahead of new seriesIndia's statistics ministry is set to unveil a new way to measure industrial output next week. Key changes include expanding the sectors tr...
Infra projects see cost overrun of Rs 5.65 lakh crore in AprilCentral sector infrastructure projects exceeding Rs 150 crore each show a cumulative cost overrun of Rs 5.65 lakh crore. As of April, 1,981...
Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
Infra projects see cost overrun of Rs 5.61 lakh crore in MarchAs of March 2026, the landscape of central sector infrastructure is marked by significant challenges, with projects exceeding Rs 150 crore ...
Govt amends pricing norms for low-grade iron ore to check wastage, boost steel supplyThe government has revised pricing norms for low-grade iron ore, including Banded Haematite Quartzite and Jasper, to encourage its utilizat...
New scheme in works to support domestic critical mineral processing plants: Mines SecretaryIndia is launching a new scheme to boost critical mineral processing. Public sector companies will bid for four copper mines in Chile. Dome...
Measures taken to avoid likely disruption in iron ore supply: Steel Min reportThe steel ministry has taken measures to arrest likely disruptions in iron ore supply and cut India's import dependence on select countries...
Government working on pan-India surveillance network to curb illegal mining menaceBISAG under the Department of Communications and IT is developing the technology for the system, which will be used check illegal mining in...
Steel minister Narendra Singh Tomar suggests three-layer framework for skill developmentUnion steel & mines minister Narendra Singh Tomar has suggested a three-layer framework for skill development to meet the country’s require...
Rules for mines auction to be readied by May: Narendra Singh TomarThe union steel and mines ministry will finalise the rules for mineral auction by May 2015, following which it will be sent to the states.
Government will look into import duty on scrap, FTAs: Vishnu Deo Sai, MinisterThe Mines Ministry will look into the issue of import duty on scrap, special additional duty and trade pacts with countries, Union Minister...
Steel, mining PSUs donate Rs 15 crore towards Jammu and Kashmir relief workThe highest contribution (Rs 6 crore) to the fund has been made by the country's top iron ore miner NMDC, followed by Rs 3 crore by domesti...
- Steel companies with pellet plants to get priority in iron-ore mine allocation
The government's plan is to encourage steel plants that are building pellet plants - units that remove moisture from ores.
- Orissa launches website to make mining data transparent
Orissa steel and mines ministry launched first of its kind website in the country with all information relating to steel and mining sector ...
- Steel ministry wants powers to grant ore mining lease to speed up projects
The steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects.
- Ministries scrap over iron ore export duty
The Union ministries of steel and mines are at loggerheads yet again over the issue of export duty on iron.
- Steel ministry may get involved in iron ore mine allotment
The steel ministry may soon get involved in the allocation of mining leases for iron ore blocks.