Vahanvati's clear stand in court on Tuesday that he has not seen the draft copy of the CBI status report on the coal scam investigation means that there is some design behind his stand? The next stage of the drama will unfold CBI to file its version before the apex court on May 6. Sheela Bhatt reports.
The Adanis' Australian dreams have been shattered.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
Concerned over rising coking coal prices and insecurity of supplies, Steel Minister Ram Vilas Paswan on Saturday asked public sector steel producers to scout for mines abroad.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Adani Group said it was only an operator of the coal mine, which was allocated to Rajasthan government when Congress was in power both at the Centre and the state and Ramesh as environment minister had given the forest clearance.
The increase in production will be from the existing mines.
Soren, addressing a rally in Bhognadih on the occasion of 'Hul Diwas', also claimed that the saffron party has turned 'jittery' after his release from jail and its leaders are 'conspiring' against him again.
Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.
The government on Friday approved a landmark draft mines bill which provides for miners to share 26 per cent of their net profits for the people affected by the coal projects, while the burden on the non-coal miners will be amount equivalent to royalty.
Basic Customs Duty is being reduced to 2.5 per cent for the equipments required for setting up or substantial expansion of iron ore pellet plants & iron ore beneficiation plants.
The Prime Minister's Office on Tuesday reviewed the coal supply and power generation scenario as the government looks at ways to defuse the energy crisis being faced by several states.
A final meeting of the Group of Ministers on setting up a coal sector regulator will be held in another week or ten days, Union Law Minister Salman Khurshid said on Monday. He said the proposal to set up the regulator is already before the GoM and its final meeting will be held in another week or ten days.
If required, the power ministry would challenge the Jairam Ramesh-led Environment Ministry, sources in the know said.
The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
It's an action packed schedule on OTT this week.
But reiterates that licences of 46 blocks in operation should be retained.
The Indian firms, which qualified for the final bid in October 2008, have submitted their technical and financial proposals to operate the mine as well as to construct a 400 mega watt (mw) thermal power plant near the mine. William Musama, chief executive officer of ZCCM Investments Holdings, the owner of the mine, recently told African media that the two firms had submitted their technical and financial offers and that a preferred bidder would be selected soon.
Those for power sector to see tussle between prior owners & new challengers
NRW is one of the leading providers of construction and mining services with a turnover $1.35 billion in 2011-12.
The central probe agency had on Friday carried out a fresh round of searches in connection with the case, they said.
Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
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Coal Minister Sriprakash Jaiswal is credited with fast-tracking many issues that are caught in red-tape. The minister says the environment ministry's controversial policy barring mining in forest areas has left him troubled.
Amidst the storm over CAG report on coal block allocation, the Prime Minister's Office has expressed displeasure over inaction by the Coal Ministry in cancelling blocks where mining has not taken place and asked it to expedite the matter by September 6.
Three independent people with knowledge of the talks said the group had been selected in the first round and was now likely to make a formal bid.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
Indian and Canada are looking at exploring more opportunities in the mining sector.
The Cabinet may on Thursday take a decision on the draft Bill for setting up the coal regulatory authority.
Unfettered coal mining is causing unchecked underground fires that threaten human habitation and the environment, writes geologist Dr Nitish Priyadarshi.
The Centre has stopped allocating coal blocks to state governments till the Mines and Mineral (Development & Regulation) Act is implemented with the amendments.
The Supreme Court on Friday ordered withdrawal of the Look Out Circular (LOC) issued against Trinamool Congress MP Abhishek Banerjee and his wife Rujira in connection with the money laundering cases against them linked to an alleged coal smuggling scam in West Bengal.
Former coal secretary H C Gupta and six others were on Tuesday granted bail by a special court New Delhi in connection with a case related to alleged irregularities in the allocation of a Chhattisgarh-based coal block to SKS Ispat and Power Ltd. All the seven accused persons were granted the bail on a personal bond of Rs 1 lakh and one surety of a like amount.
Major Shweta Pandey was commissioned in the Army in March 2012 from the Officers Training Academy, Chennai.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
The mines ministry has sought Prime Minister Manmohan Singh's intervention in bailing out aluminium giant Nalco of the acute paucity of coal, which has forced the PSU to close down two of its captive power plants.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
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