Apart from the regional exploration for gold and diamond undertaken by Geological Survey of India, since the year 2000, the Indian government has been giving prior approvals for grant of reconnaissance permits for regional exploration of gold and diamond to various applicants, including private companies, said a statement from Ramdas Agarwal, Minister of Mines.
For the entire 2015-16 fiscal, the factory output grew at 2.4 per cent, down from 2.8 per cent in the previous fiscal.
"The fourth quarter results of GDP data showed a phenomenal 7.7 percent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years," Jaitley said in a Facebook post.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
The final version of a report which has already revealed a system of state-sponsored doping in Russia is still several months away, its author Richard McLaren said on Friday.
The presence of phosphine in Venus's thick atmosphere has revived the age-old question: Are we alone?
The mining sector grew by 4.3 per cent in June as against a dip of 4.6 per a year ago.
The country's industrial growth shot up to 14.4 per cent in November 2006, the fastest in more than a decade, on the back of impressive performance of manufacturing sector and a rebound in mining production.
The output, as measured by the Index of Industrial Production, had contracted by 2.5 per cent in the same month of last year.
'We have been appealing to various governments for so many years that there should be no dams in the Himalayas, but no one listens.' 'Nature responded in its own way.'
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The positive numbers raises hopes of recovery.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
The list includes Hindustan Unilever, Asian Paints and Bharti Airtel - firms that investors feel are most likely to come up with the next big innovation.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
They suggest that this method could be applied to help identify warning signs in search data before a range of real world events
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
'We are trying to empower teachers in the entire country because online teaching is very, very, complicated.'
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
During April-June this fiscal, the Index of Industrial Production grew 10.1 per cent, as against 10.4 per cent in the year-ago period.
Industrial growth during November 2005 slumped to 6.9 per cent from 7.7 per cent in the year-ago period
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Banking and capital goods stocks were out of favour, while oil and auto stocks saw buying interest.
Overall gross import of rough diamonds between April to November 2019 has shown a decline of 17.24 per cent to $8.55 billion from $10.34 billion registered during April to November 2018. This is one of sharpest fall in import of diamond in India in last one decade.
The Supreme Court appointed Special Investigative Team, which is looking into the black money cases, on Thursday said it will go after the offenders "big or small" but also made it clear that the confidentiality of account holders abroad will not be violated.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).
India's economic growth slowed to 7 per cent in the three months through June from 7.5 per cent in the previous quarter
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
Out of these, no balance has been found in case of 289 accounts
The hounding of Rhea Chakraborty in the Sushant Singh Rajput case is a drug that is being carefully pumped into India's veins to make it comfortably numb as it is wracked by economic ruin and disease, notes Sumit Bhattacharya.
Production at factories, mines and utilities likely rose an annual 2.4 per cent in August, up from July's 0.5 per cent rise, according to the survey of 26 economists.
The S&P BSE Sensex plunged 128 points to end at 25,102.
Terrorists and insurgents are getting "public support" in some parts of the country and unless this is stopped, India will continue to get hit by acts of terrorism.
