Adani Power on Thursday posted a 12 per cent decline in consolidated net profit to Rs 2,906 crore in the September quarter, driven by a rise in expenses. It had clocked a net profit of Rs 3,297.52 crore in the July-September period of the preceding 2024-25 financial year, the Adani Group entity said in an exchange filing.
The Supreme Court has allowed certified manufacturers to produce green crackers, but restricted their sale in Delhi-NCR without approval. The court has asked the Centre to review the ban on firecracker manufacturing in the region.
Afghan Acting Foreign Minister Amir Khan Muttaqi met Federation of Indian Chambers of Commerce and Industry (FICCI) members on Monday to discuss opportunities in his country, especially in the mining sector. The Taliban, who now control Afghanistan, is seeking to repair its ties with New Delhi, and is hopeful of Indian public and private sectors increasing investments in the mining and power sector, and greater trade and commerce.
India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.
China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.
Prime Minister Narendra Modi visited Ethiopia on a bilateral visit, engaging with Ethiopian leadership to strengthen partnerships in various sectors. He was warmly welcomed by Prime Minister Abiy Ahmed Ali and participated in cultural events, highlighting the strong ties between the two nations.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
Prime Minister Narendra Modi released a special postage stamp and a commemorative coin featuring Bharat Mata to mark the centenary celebrations of the Rashtriya Swayamsevak Sangh (RSS).
Inefficient concession grant process, including delays and inefficiencies in concession system, forest and other clearances also contribute to illegal mining.
The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.
A sweeping set of reforms proposed for the country's mining sector have led to a faceoff between the Union law and mines ministries.
The finance ministry's proposal to off-load a small part of the government equity in National Aluminium Company Ltd has been rejected by the administrative ministry.
Lieutenant Colonel C Dwarakesh is the only completely blind officer to continue in the Indian Army after losing his eyesight while in service. In his remarkable journey after disability, he enhanced his education qualification, scaled the Siachen Glacier and found purpose in sport.
To expedite mining activities in the country and address shortcomings in the mine auction process, the Centre has proposed the introduction of intermediary timelines for acquiring mining leases and composite licences. The government has outlined timelines for various activities involved in the process, accompanied by penalties for delays attributable to the bidder. According to the Ministry of Mines notification dated February 9, the penalty for surpassing specified timelines in any activity within a milestone would lead to deductions from the performance security deposited by the bidder.
Trump made the announcement in response to what he described as China taking "an extraordinarily aggressive position on trade" by sending "an extremely hostile letter to the world."
The mines ministry on Friday said it has sought the law ministry's advice on how to go about granting leases till the proposed new mining Bill, having provisions for auctioning of mines, is passed.
In a bid to attract smaller players to the country's first offshore mineral mining auction, the government is considering easing the regulations related to performance security and upfront payment. The proposed plan involves a cap of Rs 100 crore each for performance security and upfront payment for a production lease (PL). A holder of a composite licence (CL) would only need to pay Rs 50 crore as performance security.
Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.
Following the disruption in the supply of rare earth or permanent magnets after China's notification on April 4, the mines ministry is planning to introduce a Rs 1,500 crore incentive scheme to recycle critical minerals, according to a top official.
The MEA release said that the embassy of India in Kabul will further augment India's contribution to Afghanistan's comprehensive development.
At least 13 security personnel were killed and 24 injured in the attack on Saturday.
The government will put on sale around 20 critical mineral blocks in the fourth round of auction by the end of June, mines secretary V L Kantha Rao said on Monday. Rao further said that the auction process for seven critical mineral blocks put on sale in the first round is almost complete and the result would be declared in a month's time. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today's rapidly growing clean energy technologies -- from wind turbines and electricity networks to electric vehicles.
'We have created massive infrastructure in the past six years.'
India sent an aquanaut 5,000 metres deep into the ocean in a first-of-its-kind expedition in partnership with France, as part of preparations for India's ambitious Deep Ocean Mission.
'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'
The 71st National Awards were presented at the Vigyan Bhavan in New Delhi on Tuesday, September 23, 2025.
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
In response to US criticism of India's oil imports from Russia, the Indian Army shared a 1971 news clip highlighting the US's role in arming Pakistan.
The coal ministry is likely to begin next week issuing deallocation letters to private firms whose mines were cancelled and those where bank guarantees were deducted for sitting idle on mines given to them for captive use, Coal Minister Sriprakash Jaiswal on Monday said.
State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines.
India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.
The Mines Ministry on Thursday said it will seek Cabinet's approval for its 20 per cent share sale programme for Hindustan Copper Ltd by the end of this fiscal.
The Railway Ministry will deliver the advanced locomotives to the African nation over the next three years. Prime Minister Narendra Modi will flag off the first locomotive for export on Friday.
Ray of hope for power, metal companies.
There is good news for coal mine developers who want to go in for expansion. The Ministry of Environment and Forests (MoEF), in its new notification, said the developers that had already bagged environment clearance for their existing projects might be exempted from the stipulated public hearings for obtaining clearances for their expansion projects, provided they met certain criteria specified by the ministry.
The petition alleged that "illegal mining" was being carried out by Singh, the MP from Kaiserganj, in Majharath, Jaitpur and Nawabganj villages of Tarbganj tehsil in the district.
Coal production by Coal India (CIL) has grown slower than the captive mines, awarded over the last six years. During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data. In terms of dispatch to the power sector, captive mines have raced ahead, witnessing a growth of 72 per cent compared to 15 per cent for CIL. For the current fiscal year, CIL's production is expected to be around 565 million tonnes.
United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.
