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NEW MINING BILL
Patnaik urges Odisha BJP MPs to oppose Mines BillFormer Odisha CM Naveen Patnaik has appealed to BJP MPs from the state. He urged them to demand the reversal of the recently passed mining ...
In 1867, gold helped transform South Pass City into a town of about 2,000; by 1870, its population had fallen below 500In 1866, the discovery of gold transformed South Pass City into a bustling hub, attracting prospectors and families eager for wealth. Howev...
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
In 2021, Pat McElhenny led removal of a dam that had held back water for 100 years. 1 year later, the original Sterry Creek channel resurfaced intact, restoring a natural floodplain on Moosic MountainA 100-year-old dam came down on Moosic Mountain in Pennsylvania, but the real surprise appeared afterward. Sterry Creek’s original channel ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20% in one year, as per analystsWhen the stock market is hit by a mix of head and tail winds, it is probably the right time to look at stocks from sectors witnessing struc...
In 2023, Kitepower flew a 176-pound fabric wing over a Mayo bog for the first time. 3 years later, it has logged more than 90 flights and over 100 hours generating airborne wind-energy dataKitepower is testing an unconventional approach to renewable energy at a designated airborne wind-energy site in County Mayo, Ireland. Inst...
Psychology says people who keep unused gift cards for years may value having future optionsAn unused gift card can reveal a fascinating psychological paradox. It was created to be spent, yet for some people, part of its appeal may...
Ambani's Rs 2.7 lakh cr underground bet can save India from shocksReliance Industries has proposed a Rs 2.73 lakh crore, 30-year investment to develop an underground coal gasification complex in Andhra Pra...
Jharkhand CM Hemant Soren urges President Murmu, PM Modi to reconsider Mines BillSoren said the Bill will have a significant financial impact on Jharkhand, as mining revenue accounts for 84.9% of the state's own non-tax ...
Democrats' early 2028 primary calendar set to prioritize Black and Latino voters, organized laborBeginning in South Carolina, the Democratic Party's 2028 presidential primary calendar spotlights diversity in state representation and key...
India says mining tax curbs for states needed to prevent market fragmentationThe Indian government has implemented restrictions on new state taxes concerning mineral rights and land to streamline the national market ...
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to miners
Parliament passed the Mines and Minerals Amendment Bill 2026 on Thursday. This legislation aims to standardize mineral taxation across Indi...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxesKerala will oppose federal amendments to the Mines and Minerals Act. The state argues these changes erode constitutional powers and cause r...
Govt was scared, rattled during Monsoon Session; oppn unity was on display: CongressThe Congress party stated the Modi government appeared scared and rattled during the recent Monsoon Session. Opposition unity was evident t...
Lok Sabha passes bill to amend mines and minerals law without debateThe Lok Sabha passed a bill to amend mining regulations. This legislation prevents states from imposing additional taxes on mineral rights....
States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
Govt considering sending FCRA Bill to joint committee of Parliament for further scrutiny: SourcesThe government is considering sending the FCRA Amendment Bill to a joint parliamentary committee. Opposition parties, including Congress an...
- Mines Act update proposes to curb states' tax powers
The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
"Let voice of people be heard...": Lok Sabha Speaker Om Birla makes emotional appeal to Parliament floor leadersLok Sabha Speaker Om Birla urged political parties to cooperate for smooth House functioning. He emphasised hearing the voice of the people...
Govt introduces bill in LS to restrict state taxes on mineral rightsThe Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich are...