Business

"Once categorised as major minerals, there would be an increase in exploration and scientific mining of these minerals which are an important source of many critical minerals," said the ministry in the statement.

The record-breaking surge in gold prices has dimmed the appeal of the retail jewellery demand. The drop in gold imports in January also indicates the pullback in demand.

India at forefront of providing growth engine to world and contributing 16 per cent of world's overall growth, says Union Minister Commerce & Industry Piyush Goyal.

He highlighted the group's commitment to transforming Kerala into a major logistics and transportation hub. "The Adani group has already invested Rs 5,000 crore in Vizhinjam and are committing an additional investment of Rs 20,000 crore. This is not only India's first transshipment hub, but our vision is to make Vizhinjam the largest transshipment port in this part of the region," Adani said.

Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, said M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI).

He said, "Kerala is a state renowned for its natural beauty and has been an attraction for tourists from within the country and abroad. Kerala's investment scenario is on the cusp of history. We are witnessing progress and change for the better in our investment arena."