Supreme Court on Wednesday directed that mineral rich States can collect past dues on royalty and tax on mines and mineral bearing land from April 1, 2005, from Centre and mining lease holders.
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.
The division bench of justices Jayasankaran Nambiar and VM Shyamkumar directed the registry to take a suo moto case. The court also said that they should think about what can be done legally to control things like illegal mining and floods
New Delhi [India], August 8: Jindal Steel has strategically diversified its coking coal sources to reduce geographical risks and cost pressures. In alignment with the Government of India's target of achieving 300 Million Tonnes of steel production by 2030 and the Steel Ministry's emphasis on
Hyderabad (Telangana) [India], August 8: Nava Limited, a leading diversified conglomerate with business interests in metals, energy, mining, commercial agriculture, and healthcare is pleased to announce its financial results for the quarter ended 30th June 2024.
Bangalore (Karnataka) [India], August 8: Wipro Hydraulics, the hydraulic cylinder manufacturing business of Wipro Infrastructure Engineering, is pleased to announce that it has acquired Columbus Hydraulics, a leading US-based hydraulic cylinder manufacturer.
This comment from the global credit rating followed the July 25 Supreme Court ruling that granted state governments the power to tax mineral resources and clarified that royalties paid by miners do not qualify as taxes.
Reacting to the remarks of Union Minister Bhupender Yadav, Kerala Chief Minister Pinarayi Vijayan on Tuesday said that through such allegation Yadav is insulting the people affected by the disaster.
The Kerala government approved numerous projects in Wayanad over the past four years, including those related to non-coal mining, without allegedly conducting a thorough study of the district's topography and geomorphology, according to sources at the Environment Ministry on Monday.
Haryana Cabinet, under the chairmanship of Chief Minister, Nayab Singh Saini on Monday approved a proposal regarding the grant of "challaning powers" under Haryana Motor Vehicles Rules, 1993.