For June 2024, the Quick Estimates placed the IIP at 150.0, up from 143.9 in June 2023. This increase was largely driven by robust performances in key sectors. The mining sector, for instance, registered an index of 134.9, reflecting a substantial year-on-year growth rate of 10.3 per cent.
To fully capitalize on its mineral resources, India needs a coordinated approach that addresses challenges across the value chain. This includes overcoming bureaucratic hurdles, improving regulatory frameworks, and investing in infrastructure to support the mining sector's growth.
According to the Ministry of Mines press release, iron ore and limestone, which together account for approximately 80 per cent of the total mineral production by value under the Mines and Minerals (Development and Regulation) Act, reached unprecedented production figures in FY 2023-24.
Since the Taliban has seized power in Afghanistan, China has kept its aim sharp at the country's mining sector through its investment initiatives, thus ensuring an influence on it, reported Khaama Ptress.
New Delhi [India], April 2: BlockDAG has become a leader in the crypto revolution, having garnered $11.5 million in its presale and sold over 4200 X-Series Mining Rigs. This is in furtherance of its mission to reshape ASIC crypto mining with unparalleled efficiency. This article takes a curs
During the program, CM Yadav also received a certificate for Madhya Pradesh securing the first position in the country for the best performance in the auctioning of mineral blocks. Notably, the state stood first in the country by auctioning 29 mining blocks.
Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, has emphasised the significance of bringing attention to the mining sector by identifying future opportunities within the industry while closely monitoring global developments.
Udaipur (Rajasthan) [India], August 15: As India moves towards becoming a US$ 10 trillion economy, the metals and mining sector plays an important role in the economic development of India, making it a crucial sector for India’s growth story, both in global and domestic terms. India produces
Several Bills including a Bill for “reforms” in the mining sector, especially for increasing exploration and mining of critical minerals which are essential for economic development and national security in the country were passed in the Upper House.
Rajya Sabha on Wednesday passed a Bill for “reforms” in the mining sector, specially for increasing exploration and mining of critical minerals which are essential for economic development and national security in the country
Karnataka’s Chief Minister, Siddaramaiah has instructed to prioritize the effective implementation of a comprehensive Development Plan for Mining Sectors and amendment of Karnataka Mining Environment Restoration Corporation By-law, said the official statement on Thursday.