Tax on Minerals: Union Steel & Law Ministers discuss impact of Karnataka's new levy on steel & mining sectors, annual outputUnion Ministers HD Kumaraswamy and Arjun Ram Meghwal discussed the impact of Karnataka's proposed taxes on mineral-bearing lands after mini...
09 Jan, 2025, 05.53 PM IST
SC dismisses plea against order allowing states to levy tax on mineralsThe Supreme Court dismisses review petitions challenging its ruling that states can levy taxes on mineral-bearing lands. The Centre argues ...
04 Oct, 2024, 10.00 PM IST
Centre, states to incur Rs 12k cr revenue loss in FY21 on lower coal, mineral consumption: ReportFalling demand as a result of the nationwide lockdown, decreased consumption and supply chain issues have forced the miners to either run a...
22 May, 2020, 06.17 PM IST
NMDC cuts iron ore prices by Rs 200 per tonneThe state-run firm also cut the prices for iron ore fines, which is inferior grade ore, by Rs 200 to Rs 2,460 per tonne, NMDC said in a BSE...
19 Sep, 2019, 08.37 PM IST
Hold Ramco Cements, target Rs 770: Reliance SecuritiesThe Ramco Cements is a midcap company, operating in cement sector.
18 Jul, 2019, 03.14 PM IST
NMDC cuts iron ore prices by Rs 300 a tonneThe state-run firm has also cut the prices for iron ore fines, which are inferior grade ore, by Rs 200 to Rs 3,110 per tonne for December 2...
03 Dec, 2018, 07.31 PM IST
Budget 2016: Labour ministry to remove four leviesThe labour ministry has identified four of the six cesses levied to promote workers’ welfare it will axe as part of FM's announcement durin...
02 Mar, 2016, 07.21 AM IST
Why are Lafarge and JP Cement looking to sell their entire cement assets?The bill stipulates that a cement company can transfer lime reserves only if it obtained such a reserve through auction.
18 Jan, 2016, 07.26 AM IST
Birla Corp pips global giants to scoop up Lafarge India’s eastern assets for Rs 5000 croreThe transaction would be funded through existing cash reserves and incremental debt, and is subject to approval of Competition Commission o...
18 Aug, 2015, 10.07 AM IST
Mining industry opposes government proposal to auction mining leasesMiners claim the amendment, if implemented as proposed now, will irreparably damage the industry and want the government to reconsider them.
04 Dec, 2014, 08.09 PM IST
Decision on raising royalty rates soon: Narendra Singh Tomar, Steel and Mines MinisterThe rates of royalty revised every three years for major minerals - excluding coal, lignite and sand for stowing - were last revised in Aug...
31 Jul, 2014, 04.00 PM IST
Jaganmohan Reddy DA case: BCCI chief charge sheeted among othersSrinivasan was today named as one of the accused in the three charge sheets filed by CBI in connection with the case of alleged disproporti...
10 Sep, 2013, 08.57 PM IST
Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
02 Jul, 2013, 04.00 AM IST
- Birla Corporation annual turnover at Rs 2,955 crore for FY 2012-13
Birla Corporation, the flagship company of the M P Birla group, posted a higher net profit of Rs 270 crore for the year ended March 31, 201...
20 May, 2013, 07.52 PM IST
- Budget 2012: Levy basic customs duty on cement imports into India, says FICCI
FICCI in its pre-budget memorandum has given the following recommendations for the cement industry
16 Feb, 2012, 06.58 PM IST
- New mining law to give Rs 10,000 crore to 60 tribal districts
The bill for the new mining law and the repeal of the Mines and Minerals (Development and Regulation) Act, 1957 is on the agenda for the Ca...
30 Sep, 2011, 06.13 AM IST
- GoM okays coal profit-share, ore royalty for mining areas
GoM headed by Pranab Mukherjee has decided that coal companies will need to distribute 26% profit to the local population.
11 Jul, 2011, 10.47 AM IST