Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
India was once the world's third largest iron ore exporter and Goa its biggest exporting state
The Supreme Court-mandated ban on all mining operations in Goa -- the second in less than a decade -- will disrupt the livelihoods of tens of thousands in the state, points out P K Mukherjee.
The companies want to drill exploration wells in already producing oil and gas fields.
A day after the Union ministry of environment and forest suspended the environmental clearances for all the 93 mining leases in Goa, Chief Minister Manohar Parrikar has said that he will appeal to prime minister to "set things right" in the green ministry headed by Jayanti Natarajan.
The Supreme Court on Monday refused to cancel the anticipatory bail granted to Bharatiya Janata Party strongman and former Karnataka chief minister BS Yeddyurappa by the state high court in a corruption case relating to a mining lease.
Mining companies will now have to cap mining activities in Goa.
For the country's maiden offshore mineral mining auction, the Centre is planning to relax the rules on the number of chances for bidding. Under the newly announced draft Offshore Areas Mineral (Auction) Rules and Offshore Areas (Existence of Mineral Resources) Rules, the ministry of mines is planning to offer three chances to potential bidders in its forthcoming inaugural offshore mining auction. If a single bid is not received during the second attempt, the plan is to initiate a new round of bidding for the third time.
Gujarat NRE Coke on Monday said it has completed the acquisition of the Australia-based Elouera mine from BHP Billiton a part of the Australia-based Illawarra Coal Business for an undisclosed amount.
The Central Bureau of Investigation probing the alleged illegal mining and irregularities in allotment of leases to Obulapuram Mining Company, on Friday began questioning former Karnataka minister Gali Karunakara Reddy in connection with the case.
Policy decisions should be undertaken after they have been thrashed out in public space by professionals, not by civil servants and politicians, says Shubhashis Gangopadhyay.
The Central Bureau of Investigation, which is probing the massive scam of alleged illegal iron ore mining by former Karnataka minister Gali Janardhan Reddy's company in Andhra Pradesh and Karnataka, has questioned Andhra Pradesh Home Minister P Sabita Indra Reddy in connection with the case. The minister was questioned about her role in the decision to grant a lease to Reddy's Obulapuram Mining Company for mining in Anantapur district when she was the minister for mines.
Was this Chennai? Or Singapore? There's an area in Singapore that looked like a suburb of Chennai.
The coal-bearing states shall be getting additional revenue from such coal mines.
The Supreme Court on Monday allowed Obulapuram Mining Company, belonging to the Reddy brothers, to resume mining in the undisputed region of the Bellary reserve forest in Karnataka.
The Central Empowered Committee (CEC) appointed by the Supreme Court on environment and forest, in its preliminary report submitted to the apex court has confirmed that prima facie there was illegal mining beyond the limits of leased lands, in violation of the forest conservation act by Reddy's companies.
Ninety percent mining in Bellary district of Karnataka is illegal which has converted the area of green scenic into a war ravaged zone with huge ugly scars, says the Supreme Court-appointed committee.
Under attack over illegal mining issue in Gautam Budh Nagar, Uttar Pradesh Chief Minister Akhilesh Yadav on Monday said stern action was taken whenever such incident was reported in the state.
The company described the move as an 'important milestone'.
Gautam Adani's plan to build one of the world's biggest coal mines in Australia has been hampered time and again.
After the revival of its ailing subsidiary IISCO, Steel Authority of India Ltd has sought the Centre's approval to merge it with itself.
In an interim order, the Supreme Court has permitted the state-run NMDC to operate two mines in Bellary district. The NMDC, which has been granted leases by the state government, was permitted by the Supreme Court to extend the production of iron ore to the tune of one million tonnes per month from Saturday. Incidentally, the NMDC finds a mention in the Lokayukta report due to alleged lease violations.
Legislators of the ruling coalition partners in Jharkhand expressed solidarity with the Hemant Soren government on Wednesday and said the Jharkhand Mukti Morcha leader will continue as the chief minister.
The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.
The government can auction 100 blocks that have been identified by the Geological Survey of India or exploration.
Coal Ministry has slapped showcause notice on North of Arkhapal Srirampur coal block allocated to the project in Odisha.
Parliament in the Australian state of Queensland agreed on Tuesday that India's Adani Enterprises Ltd should be granted "all state government approvals" to build one of the world's biggest coal mines.
Karnataka and Andhra Pradesh in the south, and Rajasthan and Gujarat in the west, are the country's top producers of limestone
Trinamool Congress is the second highest recipient of political donations through electoral bonds.
Conservation group Coast and Country said that it has filed an appeal to the Supreme Court of Queensland for a judicial review.
Goa Chief Minister Manohar Parrikar on Friday said he had been formally invited by the prime minister to join the union cabinet and he had consented, but it had been a very difficult decision to take.
"The day news of the SP-BSP top leadership meeting came out, the BJP government used the CBI and raids were conducted in an old mining scam and the news of quizzing Akhilesh Yadav was deliberately spread. Is it not an action to defame the SP-BSP alliance?" Mayawati said.
The verdict could force steelmakers to cut output or import expensive iron ore.
Adani group's 16.5 billion dollar controversy-hit coal mine project in Australia has cleared another hurdle with Brisbane supreme court dismissing an appeal filed by indigenous group against the project.
The federal court in August had revoked the original approval.
Stating that the ruling coalition is ready to face any situation, Congress leader and minister Banna Gupta requested the governor to clear the confusion.
The ruling MLAs took part in the meeting called by Soren with their luggage before leaving for unknown destination.
Pradip Burman belongs to one of India's most illustrious business families, one which runs the noted Dabur brand of mostly Ayurveda-based FMCG products.
