The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
PANJIM: Alleging that the Goa Foundation (GF) had "tarnished their image" in connection with the excess iron ore production case which now stands to be withdrawn, mining firms have written to Goa State Pollution Control Board (GSPCB) demanding "compensation". The 42 mining firms which were accused of excess production by …
After de-allocating three coal blocks- Utkal-D, Manadakini-B and Baitarani West allocated to Odisha PSUs, the Coal ministry has sought details of joint venture (JV) arrangements with private players and mode of selection of the JV partners. The coal ministry in a recent letter to Odisha chief secretary B K Patnaik, …
The Odisha High Court has issued notices to the state and union government over the controversial deemed extension clause of Mineral Concession Rule (MCR), 1960, which allows miners to operate their mines even after the lease expiry under special cases. The High Court, admitting a petition filed by Biswajit Mohanty …
The Karnataka Iron and Steel Manufacturers’ Association (KISMA) on Tuesday urged the State government to expedite the resumption of operations at all ‘A’ category mines, so that the steel industry gets adequate supply of iron ore. Addressing reporters, KISMA president Vinod Nowal, who is also the CEO of JSW Steel, …
‘The Supreme Court on Friday refused to stay recovery of entry tax dues amounting to more than R350 crore, payable on goods imported by companies for their plants and services in Orissa between 2008 and 2012. Companies including Vedanta Aluminium and Tata Steel have been slapped notices over these dues. …
Odisha chief secretary BK Patnaik today appeared before the Supreme Court along with state steel and mines secretary Rajesh Verma and Aditya Prasad Padhee, principal secretary to Chief Minister, for contempt of court in a matter related to granting of iron ore mines to Bhushan Power & Steel Ltd (BPSL). …
Shares fall 2% after recommendations of scrapping 42 iron ore mining leases in Goa Shares in Sesa Goa fell 2% after a panel appointed by India's top court recommended scrapping 42 iron ore mining leases in Goa until mining companies submit plans to deal with the environmental impact and the …
PANJIM: Officials of mining firms which were hauled up before GSPCB for having indulged in excess iron ore extraction, on Tuesday refuted the charges claiming that they had not exceeded limits set out in the environment clearance (EC), granted to them by the Union Ministry of Environment and Forest (MoEF). …
The debate over nuclear energy will go on, but the issue with the Kudankulam Nuclear Power Plant (KKNPP) is one of the several illegalities on which it is founded. In 1988, India inked the Koodankulam Nuclear Power Plant deal with the former Soviet Union. Two key elements in it were: …
Bhubaneswar The Orissa government’s decision to recover Rs 57,907 crore from 27 mining lessees for extracting minerals in excess of the approved plan has upset the state mining sector. Many in the mining industry and experts have expressed their surprise over the state government’s action. “The decision is illegal,” said …
The Supreme Court on Friday asked the Karnataka government to consider and take a decision on the applications for mining leases within a month. The 'forest bench' also directed the Karnataka and Andhra Pradesh governments to respond to the vague state borders in mining areas. A centrally empowered committee has …
Iron ore mining operations have been restarted in Karnataka's Bellary and Chitradurga districts, a year after these were suspended, following a Supreme Court directive. After securing all statutory approvals, two Category A mines have resumed mining, offering hope of regular iron ore supply to the ore-starved steel industry. According to …
The Supreme Court today said it was worried about the “underlying dynamics”, with steel manufacturers pitching for resumption of mining operations in Karnataka instead of lease holders of iron ore mines. A special Forest Bench, headed by Justice Aftab Alam, said despite the lease holders of iron ore mines having …
New Delhi The Supreme Court has stayed the proceedings before the National Green Tribunal (NGT) on the issue related to the grant of environmental clearance to Monnet Ispat and Energy’s integrated steel and power plant in Chhattisgarh. A bench headed by Justice GS Singhvi also issued notice to Jan Chetna, …
Firms must shell out part of earnings for reclamation, rehab works The Central Empowered Committee (CEC) is likely to place its Social and Ecological Development Plan for restoring the environment and human habitations in the mining devastated districts of Bellary, Chitradurga and Tumkur, before the Supreme Court on November 2. …
The high court at Jabalpur on Friday removed a stay of more than seven years on a lower court’s order of summons to Dow Chemicals in the US on the Bhopal gas disaster of November 1984. The gas, kiling thousands, leaked from the Union Carbide factory in Bhopal. Dow later …
AHMEDABAD: The inspection of Adani Power Ltd (APL) and Adani Ports and Special Economic Zone (APSEZ) by a special committee of Ministry of Environment and Forest is likely to begin in Kutch from October 29. A five-member team headed by Sunita Narain was formed by the ministry last month after …
The menace of illegal mining continues in Alwar. A 40-year-old labourer was buried alive at an illegal mine when debris came sliding upon him at Balaheda village in Bandikui area on Friday. According to SHO Bandikui, Rohitash Devanda, some people were involved in illegal mining in forest area near Balaheda …
The monitoring committee constituted by the Central Empowered Committee (CEC) of the Supreme Court on Friday gave its consent to three mining firms, which operated in Bellary and Chitradurga, to resume mining. Official sources said the committee comprising three members - H R Srinivasa, Director, Department of Mines & Geology, …
‘It was a policy decision taken at a time when no other country came forward to sustain India’s nuclear capabilities’ The Centre on Thursday justified in the Supreme Court waiver of the nuclear liability agreement with Russia for the Kudankulam plant in Tamil Nadu and said it was a policy …
