In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.
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.
The chief minister said no one should indulge in vote bank politics
Dual methodology for e-auction to introduce price ceiling for power sector
'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'
Currently, only Coal India, the world's largest coal miner, and its smaller sister PSU Singareni Collieries besides mining agencies of state government are allowed commercial coal mining.
When it comes to issue of women's jobs, there is quite a bit of anomaly in India.
There are few leaders in the Opposition line up who can claim a path to party leadership like Sitaram Yechury and certainly, very few who blended that ascent through student politics with awareness about non-elite real India, urban India and liberal politics, as he did, notes Shyam G Menon.
In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.
The Delhi high court on Wednesday asked the Centre and the Delhi government to present their stand on a plea seeking recall of all currency notes above Rs 100, restricting cash transactions above Rs 10,000 and linking assets worth more than Rs 50,000 with Aadhaar to check corruption.
Former Karnataka Chief Minister B S Yeddyurappa and his family members on Wednesday appeared before the Central Bureau of Investigation court in Bangalore in connection with a case allegedly involving kickback in illegal mining.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
The Congress on Friday alleged that the electoral bonds data has exposed 'corrupt tactics' of the Bharatiya Janata Party such as quid pro quo, seeking donations for the company's protection, kickbacks and money laundering through shell companies.
The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.
From working in a garment factory, selling bread, and driving an autorickshaw, the 24-year-old fast bowler's path to representing domestic giants Mumbai was anything but easy.
Almost three months after announcing his new party, former Karnataka minister and mining baron G Janardhana Reddy on Monday announced 'football' as its poll symbol, the first list of candidates, and also manifesto, ahead of the assembly elections due by May.
BJP candidate from Ballari City G Somasekhara Reddy has said his brother's wife and rival Kalyana Rajya Pragati Paksha (KRPP) candidate Aruna Laxmi is a 'housewife and has no idea about the problems of the constituency'.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.
'I have been trying to make a movie for seven years. I got a chance only now.' 'I have taken my script to every office from Dharma to Tips to Eros.' 'I have narrated my script to every actor possible. Nobody believed me.' 'Because of OTT, people like me are finally getting a chance to make something.'
The new Samvat 2080 is viewed as a year of hope for industrial and precious metals. A key reason is the expectation of US interest rates peaking, followed by a reduction in the coming months. Regarding crude oil, its trajectory depends more on how the situation unfolds in West Asia.
India's economy grew by 6.3 per cent in the second quarter of the current fiscal, official data released on Wednesday showed.
Industrial production declined by 8 per cent in August, mainly due to lower output of manufacturing, mining and power generation sectors, official data showed on Monday. According to the Index of Industrial Production (IIP) data, manufacturing sector production registered a decline of 8.6 per cent, while the output of mining and power segments fell 9.8 per cent and 1.8 per cent, respectively.
'For no other leader of India do so many people turn up for an event every year without invitation.'
'When there was no crime committed, everything had to be fabricated. They see it as a war, and everything is fair in love and war.'
'When the gold price rises rapidly, India's physical gold market remains on standby.'
The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.
Defence Minister Rajnath Singh on Tuesday handed over to the Army a raft of home-grown military hardware including unmanned aerial systems, quick reaction fighting vehicles, patrol boats and surveillance equipment for boosting its overall combat capability in eastern Ladakh.
Countering Siraj was the key and both Warner and Salt went after the RCB pace spearhead from the word go
Industrial production surged by 13.6 per cent in June mainly due to a low-base effect and good performance by manufacturing, mining and power sectors but the output remained below the pre-pandemic level. The manufacturing sector, which constitutes 77.63 per cent of the Index of Industrial Production (IIP), grew by 13 per cent in June this year, according to the data released by the National Statistical Office (NSO) on Thursday. The mining sector output rose by 23.1 per cent in June while power generation increased by 8.3 per cent.
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
'Banning a game is not the solution, rather, there should be laws that restrict the number of hours spent a week playing a game.'
The Karnataka Cabinet on Monday decided to rechristen 'Mumbai-Karnataka' region consisting of seven districts as 'Kittur Karnataka.'
Fuelled by the $57.8-billion merger of HDFC twins (HDFC Ltd and HDFC Bank), M&A (merger and acquisition) transactions in India touched a record high of $124.2 billion in the first half of 2022-23. Bankers said with several transactions, including the government's stake sale in IDBI Bank and Hindustan Zinc in the pipeline, the ongoing financial year will end up as the best year for M&A activity in the country. Apart from the HDFC transaction, the $6.5-billion acquisition of Holcim stake by the Adani family and L&T's $3.2-billion acquisition of Mindtree added to the record transactions in the first half of FY23.
'The day I took charge, the PM told me you do the following -- stop imports, talk to all stakeholders and involve them to make mining more industry-friendly without affecting the environment.'
Kolkata Knight Riders' premier all-rounder Andre Russell is happy that Rinku Singh has become the team's latest heartthrob.
Retail inflation remained above the RBI's comfort level for the second consecutive month despite slipping slightly to 6.26 per cent in June while the factory output recorded a growth of 29.3 per cent in May, mainly on account of the base effect, the government data showed. The marginal slippage in the Consumer Price Index (CPI)-based inflation was noticed despite little firmness witnessed in the food inflation which inched up to 5.15 per cent in June from 5.01 per cent a month ago. Retail inflation based on Consumer Price Index (CPI) was 6.3 per cent in May 2021 and 6.23 per cent in June 2020.
Mercedes' seven-times world champion Lewis Hamilton, and now-retired four-times champion Sebastian Vettel, have been among those making political statements at races in recent seasons.
