Infrastructure assets worth over Rs 1.62 lakh crore are expected to be monetised during the current fiscal, Parliament was informed on Monday. The government had last year announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) to unlock value in infrastructure assets across sectors, ranging from power to road and railways in four years till 2025. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22).
Tata Steel's domestic operations have been its cash cow.
Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.
The mine is likely to yield 37 million tonnes of kimberlite, containing about 27.4 million carats of diamonds and has a life of 25 years.
Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.
There was buzz of Piyush Goyal being elevated to Cabinet rank but only Prakash Javadekar made the cut.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
The 2,500-hectares lease included both notified and non-notified areas.
Leader of Opposition in Madhya Pradesh assembly Ajay Singh has dared the state Chief Minister Shivraj Singh Chouhan for a debate on the charges leveled against his government by Congress.
The aborigines alleged that Adani was misleading the public.
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
Adani has argued that the Carmichael mine, together with its other projects in Queensland.
JSPL, Tata Power, Monnet Power, Jindal Photo in the dock.
Is it inconsistency in policy, or the lack of robust support?
The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
'The central learning of the day was that if the BJP leadership can cajole, coax and convince regional parties to vote for bills, it would not be a stretch to see the same votes cast in favour of the land bill,' a senior Congress leader from a northern state told Rediff.com
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
'You have to fight your own battles and I fought mine.'
The Karnataka Cabinet on Monday decided to rechristen 'Mumbai-Karnataka' region consisting of seven districts as 'Kittur Karnataka.'
But reiterates that licences of 46 blocks in operation should be retained.
Markets ended at record closing highs for the second day in a row on institutional buying.
The company shut down its 1-mtpa (million tonnes per annum) alumina refinery at Lanjigarh in Kalahandi district in the state on December 5 due to acute shortage of bauxite to feed its plant.
The oil ministry is rejecting the monetisation of new discoveries as their production will not be viable at the present price of $4.2 per mmbtu
'Welfare schemes are not a necessary evil, they are a necessary good.'
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
The former coal secretary opens up in a free-wheeling interview.
To snatch a state government out of Congress hands is therefore a high-stakes game with national political implications, for it denies the party the essential fuel to run effective election campaigns, notes T N Ninan.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
The much-anticipated cryptocurrency bill, however, is missing from the list, reports Shrimi Choudhary.
The bench issued notice to the Meghalaya government, the centre and others seeking their response on various issues connected with coal mining in the state and posted the matter for hearing February 19.
Contract does not provide for retrospective penalty for 'such' acts
Tata Steel is fine-tuning strategies to enhance revenues.
Initially it will procure only e-rickshaws and e-autos for leasing to operators
At least 15 miners were trapped in the 370 foot-deep illegal coal mine in Lumthari village of East Jaintia Hills district since December 13 and all efforts to pump the water out of flooded mine have been in vain.
The government will now examine the report and decide on how and to what extend should ONGC be compensated for its gas being produced by RIL.
The Supreme Court is expected to deliver its final verdict on coal mine allocations later this week.
With the arrest of Bellary mining magnate Janardhan Reddy by the Central Bureau of Investigation, the focus has now shifted to the Obulapuram Mining Company, the lease for which was granted by the Andhra Pradesh government then led by Dr Y S Rajasekhara Reddy.
The government may claim planted trees compensate for forests lost, but that does not mean complex flora and fauna destroyed have been restored, points out Himadri Ghosh.
The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.
